I was informed today by my financial adviser that my Hirwaun solicitor is not on the lender Conveyancing panel. How can I check?
The first thing you need to do is to contact your Hirwaun conveyancer. It is reasonable to expect your lawyer to inform you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
The sellers of the house we are hoping to buy have instructed a conveyancing solicitor in Hirwaun who has recommended a exclusivity agreement with a payment 6,000. Is it wise to enter into such agreements?
Lock out contracts are agreements binding a property owner and prospective acquirer granting the buyer exclusive rights to purchase the premises within a prescribed time frame. For all intents and purposes, an exclusivity is a document stating that you should receive a contract at a later time which is the main conveyancing contract. It is generally utilised for buyer protection though in many situations, the seller may stand to benefit from such agreements as well. There are numerous positives and negatives to using an agreement but you need to check with your solicitor but beware that it may end up incurring extra in conveyancing fees. In light of this these contracts are not popular in relation to conveyancing in Hirwaun.
Do I need to pop into the offices of the solicitor to sign the legal charge? If so, I will choose one who does conveyancing in Hirwaun so that I can pop in to their offices if necessary.
Whereas this was necessary ten years ago, the vast majority mortgage companies no longer require their conveyancing panel lawyer to witness the borrowers signature. It will still be necessary for you to hand over ID documents and there are still manifest benefits to instructing a local ayer, in your case a conveyancing solicitor in Hirwaun.
I own a renovated Georgian property in Hirwaun. Conveyancing solicitor acted for me and Barclays . I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold with the exact same property. I'd like to know for sure, how can I find out??
You should read 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hirwaun and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing practitioner who completed the work.
I opted to have a survey carried out on a house in Hirwaun ahead of appointing conveyancers. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies may refuse to grant a mortgage on such a property.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. Should you wish to telephone us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hirwaun. Conveyancing will be smoother if you use a solicitor in Hirwaun especially if they regularly deal with such properties in Hirwaun.
We are 3 weeks into a leasehold purchase having been directed to solicitors by the local agent to execute conveyancing in Hirwaun. We are not happy. Can you you assist me in finding new lawyers?
A lawyer would have to be very poor to suggest replacing them. Has your mortgage been issued? If so you must inform them of the new conveyancer and have the mortgage documents are re-sent. Your new solicitor ideally needs to be on the banks approved list to avoid supplemental fees and complications. That should be your starting point. The search tool will help you find a bank approved solicitor for your conveyancing in Hirwaun