It has been three months since my purchase conveyancing in Abercarn took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Abercarn differ for newly converted properties?
Most buyers of new build or newly converted property in Abercarn approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Abercarn tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Abercarn or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Abercarn is the location of the property. Can you offer any guidance?
Flying freeholds in Abercarn are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Abercarn you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Abercarn may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I was advised by a number of estate agents in Abercarn to find a conveyancer on your site. Is there a financial advantage for Estate Agents to recommend your services ahead of a competitor’s?
We refuse to offer any financial incentive for directing people in our direction. We thought it would be too underhand a fee as home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
My husband and I are four weeks into a leasehold purchase having been recommend to conveyancers by the high street agent to handle our conveyancing in Abercarn. I am am starting to be dissatisfied with the level of service. Can you you assist me in finding new conveyancers?
They would need to be very poor to suggest replacing them. Has your loan offer been sent? In the event that it has you need to inform them of the new contact details and have the loan are issued to the new lawyers. Your new conveyancer should be on the banks panel to avoid added fees and frustration. So that should be your starting point. Our find a solicitor tool will help you find a lender approved conveyancer for your conveyancing in Abercarn
How much experience do your Abercarn conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Abercarn conveyancing lawyers help thousands of people move home every year and helped lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Abercarn conveyancers have worked on recent similar cases.