Our solicitor has discovered a defect with the lease for the apartment we are purchasing in Crickhowell. The seller’s lawyers have suggested title insurance as a solution. We are happy with insurance and will cover the costs. Our conveyancer says that he must be satisfied that the bank is content with this solution. Who is the client here, us or the lender?
Even though you have a mortgage offer from the bank does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook specifications. You and the mortgage company are the client. These conveyancing instructions must be adhered to.
We just had an offer accepted to purchase with Darlington Building Society. I called into a couple of high street solicitors but cant to find a Crickhowell conveyancing firm on the Darlington Building Society approved list. Could you assist?
Please do take advantage of the find a lender approved solicitor tool on this web page. Please choose the lender and type Crickhowell or your location and you will discover a number of lawyer based in Crickhowell or by proximity to you.
I am helping my mother sell her property in Crickhowell. Does the solicitor arrange an energy assessment or it is for the seller to see to?
Following the demise of Home Packs, energy performance certificates was kept a compulsory part of moving house. An energy performance certificate needs to be commissioned prior to the property being placed on the market. This is not as aspect of the sale process that conveyancers ordinarily arrange. Where you are using a Crickhowell conveyancing practitioner they may be able to arrange EPC’s given their relationships with reputable Crickhowell energy assessors
I am purchasing a property in Crickhowell. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Skipton be concerned?
As you are obtaining a mortgage with Skipton your lawyer must comply with the conveyancing requirements contained in Part 2 of UK Finance Lenders’ Handbook for Skipton. The CML Handbook contains minimum specifications for solar panel roof-space leases, and solicitors are required to report to Skipton where a lease does not comply with these specifications. The specifications relate to the installation of panels on properties countrywide and is not restricted to Crickhowell.
I am currently in the process of buying my council flat in Crickhowell. I have a mortgage agreed with Clydesdale. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
I require expedited conveyancing in Crickhowell as I have a deadline to complete in less than one month. A home loan is not required. Can I escape the need for conveyancing searches to save fees and time?
As you are are a mortgage free buyer you are at free not to have searches conducted although no solicitor would advise that you don't. Drawing on years of experience of conveyancing in Crickhowell the following are examples of what can arise and therefore impact the marketability of the property: Enforcement Notices, Overdue Charges, Overdue Grants, Unadopted Roads,...
About to purchase a new build apartment in Crickhowell. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Crickhowell
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I was pointed in your direction by a few property agents in Crickhowell to choose a conveyancer using your seach tool. Is there a financial incentive for Estate Agents to promote your services rather than another?
We refuse to give any referral fee for pointing buyers and sellers in our direction. We thought it would be too underhand a fee as a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.