I am about to exchange buying a property in Rhayader but as a consequence of damage from the recent storms I have managed to agree compensation from the current proprietors of £3k in the form of a reduction in the price. This was going to be addressed as part of a side agreement but Co-operative are not allowing this. Why were they approached?
The conveyancing practitioner being on the Co-operative conveyancing panel is obliged to disclose to Co-operative of any changes to the purchase price. If you were to refuse your conveyancing practitioner to report the reduction to Co-operative then they would have to discontinue acting for you. In addition, Co-operative and you would have to appoint a new conveyancer for your conveyancing in Rhayader.
We are planning to buy with Earl Shilton BS. I dropped in a couple of local companies yet am struggling to find a Rhayader conveyancing firm on the Earl Shilton BS panel. Could you help?
You should make the most of the search tool on this page. Pick the mortgage company and type Rhayader or your preferred area and you will be presented with numerous conveyancers offices in Rhayader or by proximity to you.
I purchased a terraced Georgian house in Rhayader. Conveyancing practitioner acted for me and Aldermore. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Rhayader 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 check the situation with the conveyancing solicitor who conducted the purchase.
I decided to have a survey done on a property in Rhayader prior to instructing solicitors. I have been advised that there is a flying freehold aspect to the house. The surveyor advised that some banks tend refuse to grant a loan on this type of house.
It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. If you call us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Rhayader. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Rhayader to see if the conveyancing costs will increase in light of this.
I am 14 days into a freehold purchase having been recommend to conveyancers by the high street agent to do our conveyancing in Rhayader. I am am very dissatisfied with the level of service. Could you help me find new solicitors?
A solicitor would have to be very poor in order to consider changing them. Has the loan offer been sent? If so you will need to inform them of the new solicitor and get the mortgage documents are re-issued. Your conveyancer needs to be on the lenders approved list to avoid added charges and frustration. That should be your first question of the new lawyers. Our find a solicitor tool can assist you in finding a bank approved conveyancer for your home move in Rhayader
Am in the process of purchasing my first home in Rhayader. Conveyancing practitioner has been selected. The broker advised that a survey is not appropriate as the house was only constructed in 2001.
You would be best advised to commission a Home Buyer's Report. As the premises was built more than a decade ago the property will be without a warranty, so you would be well advised not to take a risk. For a property that age with no signs of problems a Home Buyer's report may be sufficient. The report should highlight any obvious issues and suggest further investigation where appropriate. Where there are any signs of problems obtain a comprehensive structural survey.