We were just about to sign contracts for a ground floor flat in Pentwyn. We encountered a problem. The loan offer with National Westminster Bank runs out on 30/3/2026 but the sellers are insisting on a completion date of 1/4/2026. Can one prolong the loan expiry date?
The person best placed to address this concern is your lawyer who will determine if he or she is corresponding with the bank, seller’s lawyers, estate agents or possibly all three based on what has gone on in your conveyancing to date.
Why do I have to pay up front for conveyancing in Pentwyn?
If you are buying a property in Pentwyn your solicitor will request that you put them with funds to cover the the cost of the conveyancing searches. Normally this is needed to cover the fees of the conveyancing searches. When the deposit is as part of the sale price then this should be asked for shortly in advance of contracts are exchanged. The final balance that is needed should be transferred a few days ahead of the completion date.
My wife and I are purchasing a flat in Pentwyn. I might seem paranoid but how we can trust a solicitor? On completion day we have to deposit funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Have just purchased a probate house at auction in Pentwyn. Conveyancing is needed. What is next?
Given that you are now exchanged you now have to choose a conveyancing practitioner quickly as you will have a fast approaching deadline in which to complete the property. All auction property should have a bespoke legal set of papers. This should include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold property the auction papers may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to leasehold premises. You should give this to the solicitor instructed by you ASAP. Do make sure that you have funds in place to complete on the date specified in the contract.
My stepmother pointed out to me me that in purchasing a property in Pentwyn there could be various restrictions affecting the ability to carry out external changes to a property. Is this right?
We are aware of anumerous of properties in Pentwyn which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Pentwyn should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Have completed on a a semi-detached house in Pentwyn , how long should it take for the Land Registry to register my ownership? My Pentwyn conveyancing solicitor has been very slow, so I want to be sure that my purchase is registered.
There is nothing unique about conveyancing in Pentwyn registration formalities. As opposed to being determined by geographic area, timeframes can vary according to who lodges the application, whether there are errors and whether the Land registry need to notify any other parties. At present in the region of 80% of such applications are fully addressed within 12 days but occasionally there can be extensive hold-ups. Historically registration occurs once the buyer is living at the property so post completion formalities is not typically top priority yet where there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for the application to be prioritised.
How does conveyancing in Pentwyn differ for newly converted properties?
Most buyers of new build premises in Pentwyn approach us having been asked by the developer to sign contracts and commit to the purchase even before the property is constructed. This is because developers in Pentwyn tend to purchase the land, 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 conveyancers 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 used to new build conveyancing in Pentwyn or who has acted in the same development.
My company is hoping to take an assignment of a lease of an office on a shopping parade. Can you recommend conveyancers offering no-sale-no fees for commercial conveyancing in Pentwyn for less than £2000?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Pentwyn, including the sale and acquisition of businesses as well as simply property. If you are intending to buy or sell a shop, pub, restaurant, office, retail premises or a complete business we can find you the right solicitor. As for the fees this will depend on the structure and terms of the deal. Let us have your details or call us so that we may supply you with a fixed commercial conveyancing calculation.