Can your site be used to find a Conveyancing solicitor in Usk even where I’m not purchasing or disposing of a house, for instance where I want to acquire an office in Usk with a mortgage from Bank of Scotland?
Our comparison service is predominantly there to get a quote from domestic conveyancing solicitors in Usk but we have recorded at the bottom of this page some Usk commercial conveyancing firms. You will need to enquire with the solicitors directly to establish if they can also act for Bank of Scotland
Are the BSA planning on creating a search tool with a view to to identify law firms on the Darlington Building Society conveyancing panel for instance in Usk?
We are not aware of any plans on the part of the BSA to promote such a tool.
When it comes to lenders such as TSB, do Usk conveyancing practitioners have to pay a yearly amount to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
The formalities of my remortgage has taken place for my property in Usk. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
My offer was accepted on a house in Usk on 23/10/2024, valuation was booked 4 days after, received a clean bill of health. Conveyancer instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Principality and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Principality conveyancing panel. Are Principality entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Principality to deal with your lawyer's application to be on the Principality conveyancing panel. There's no guarantee that your solicitor will be accepted.
Me and my brother own a semi-detached Georgian property in Usk. Conveyancing solicitor acted for me and Bank of Scotland. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold with the exact same property. Is it worth asking Bank of Scotland to clarify?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Usk and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing solicitor who conducted the work.
I am looking for a ground for flat up to £235,500 and found one round the corner in Usk I like with a park and station nearby, the downside is that it only has 49 years on the lease. I can't really find anything else in Usk for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a mortgage the shortness of the lease may be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you can request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
Why do Usk conveyancing charges differ for leasehold and freehold properties?
When purchasing a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control