I am buying a house and need a conveyancing solicitor in Porthcawl who is on the TSB conveyancing. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for TSB in certain locations such as Porthcawl. We dont recommend any particular firm.
Do I need to pay for insurance to cover chancel repairs when acquiring a property in Porthcawl?
Unless a prior purchase of the house took place after 12 October 2013 you can assume that solicitors conducting conveyancing in Porthcawl to continue to propose a a chancel search and or chancel repair liability policy.
I acquired my home on 4 April and my personal details is yet to be on the land registry website. Need I be worried? My conveyancing solicitor in Porthcawl expressed confidence that it would be registered inside ten days. Are transfers in Porthcawl particularly slow to register?
As far as conveyancing in Porthcawl is concerned, registration is no faster or slower than the rest of England and Wales. As opposed to being determined by geographic area, timescales can vary depending on who lodges the application, whether there are errors and whether the Land registry must send notices to any 3rd persons or bodies. Currently roughly 80% of submission are fully addressed within two weeks but occasionally there can be protracted delays. Registration occurs after the buyer has moved in to the property so an expedited registration is not usually an essential issue yet where it is urgent that the the registration takes place urgently then you or your lawyers could contact the land registry and explain the circumstances.
I am buying my first flat in Porthcawl with the aid of help to buy. The sellers would not move on the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not to tell my conveyancer about the extras as it will affect my loan with National Westminster Bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am looking for a leasehold apartment up to £245,000 and found one near me in Porthcawl I like with amenity areas and station in the vicinity, however it only has 52 years unexpired on the lease. I can't really find anything else in Porthcawl in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you need a home loan the remaining unexpired lease term will be an issue. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
How do I use your search facility to choose a conveyancing practitioner in Porthcawl on the authorised to act for my bank?
1st select a mortgage company such as Barclays , Coventry Building Society or Alliance & Leicester then specify your preferred area e.g. Porthcawl. Conveyancing firms in Porthcawl and beyond will then be identified.