Just been in touch with my conveyancing lawyer in Harlech who completed the legal work two years ago and wanted a conveyancing quote based on an identical type of house sale & purchase (a leasehold residence and a freehold premises) of similar values with a loan from Platform Home Loans Ltd. It looks as though am now being charged double. Am I right to be tempted to shop around for a cheaper internet property lawyer?
The costs illustration is fractionally on the expensive side. If you shop around you may be able to get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, providing that you were happy with the service the firm gave you maylive to rue opting for an an untested lawyer. Remember to check that the firm can act for Platform Home Loans Ltd. Do use our search tool to find a Harlech conveyancing firm on the Platform Home Loans Ltd approved list of lawyers, which can often include conveyancing solicitors in Harlech.
Our lawyer has identified a defect with the lease for the property we are buying in Harlech. The seller’s lawyers have offered title insurance as a workaround. We are content with insurance and will pay for it. Our conveyancing practitioner has advised that he must ensure that the lender is content with this solution. Who is the client here, us or the lender?
Notwithstanding that you have a mortgage offer from the lender does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the mortgage company are the client. These conveyancing instructions must be adhered to.
When scouring online forums for a recommended solicitor in Harlech, most advise that I should use a CQS kitemarked solicitor. Can you explain what CQS is?
The Conveyancing Quality Scheme (CQS) provides a recognised quality standard for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * compliance with best practice conveyancing procedures via the scheme protocol Membership includes numerous companies who perform conveyancing in Harlech.
I have a renovated Georgian house in Harlech. Conveyancing lawyer represented me and Aldermore. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register as there may be 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 Harlech 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 buyers. You can also enquire as to the position with the conveyancing practitioner who completed the work.
About to purchase a new build flat in Harlech. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Harlech
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
Hoping to buy a property located in Harlech and I am already nervous. I couldn't find anything specific about Harlech. Conveyancing will be needed in due course but do you know about the Harlech area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Harlech. In the meantime here are some basic statistics that we found