I am acquiring a house without a mortgage in Penylan. I have resided for the previous dozen years in Penylan. Conveyancing searches are expensive. Given that I have knowledge of the area and road very well must I have all the conveyancing searches?
Provided that you do not need a mortgage, then almost all of the Penylan conveyancing searches are non-obligatory. Your solicitor will ’encourage you, perhaps strongly, that you should have searches done, but she is duty bound to do this. One thing to bear in mind; if you are going to dispose of the house one day, it could be of importance to your prospective buyer what the searches reveal. On occasion houses with day to day issues can still throw up unpredicted search results. A competent conveyancing solicitor in Penylan should provide you some practical guidance in this regard.
Do the Building Society Association intend to launch a searchable register to to identify law firms on the Loughborough BS conveyancing panel for instance in Penylan?
Lexsure has not been advised of any intention on the part of the BSA to develop such a register.
It has been three months since my purchase conveyancing in Penylan concluded. I have checked the Land Registry website 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 residence 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.
I am looking for a ground for flat up to £235,500 and found one near me in Penylan I like with amenity areas and railway links nearby, however it only has 52 years on the lease. I can't really find anything else in Penylan suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a home loan that many years may be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
My husband and I are novice buyers - agreed a price, yet the estate agent informed us that the owners will only go ahead if we instruct their chosen solicitors as they are insisting on a ‘quick sale’. We would rather use a high street solicitor accustomed to conveyancing in Penylan
We suspect that the seller is not behind this request. If they desire ‘a quick sale', alienating a motivated buyer is likely to cause more damage than good. Try to communicate with the sellers directly and make the point that (a)you are serious purchasers (b)you are ready to go, with finances arranged © you are chain free (d) you intend to proceed fast (e)but you intend to use your own,trusted Penylan conveyancing solicitors - as opposed tothose that will earn the negotiator at the agency a referral fee or meet his conveyancing thresholds set by senior management.
Can a conveyancer remove a name from the title of my property in Penylan ?
Removing or adding someone to the title of your house is relatively straightforward. You’ll need to appoint a lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a lawyer