Recently contacted my conveyancing lawyer in Roath who conducted the legals two years ago requesting a conveyancing quote based on an identical type of home move (a leasehold property and a freehold property) of almost identical values with a mortgage from Lloyds TSB Bank. It looks as though am now being charged twice the amount. Am I right to be tempted to shop around for an alternative property lawyer?
The quote is fractionally on the expensive side. Where you are willing to invest time scrutinising prices you might decrease the fees slightly by perhaps £100 plus VAT. That being said, if you were pleased with the service the firm gave you mightlive to regret choosing an a cheaper solicitor. If is important to enquire that the firm can act for Lloyds TSB Bank. Do employ our search tool to find a Roath conveyancing firm on the Lloyds TSB Bank approved list of lawyers, which can often include conveyancing solicitors in Roath.
My partner and I are acquiring our first property. Our lawyer has e-mailedto enquire if we wish to purchase supplemental conveyancing searches. We are really unsure what's appropriate for conveyancing in Roath
The scope of Roath conveyancing searches should be dictated entirely on the property, the location, the likelihood of any of these risks, your familiarity of the area and risks, your general attitude to risk. What matters is that you properly understand what information each search could provide. You may then decide if you consider that you need that information. Where you are unclear, ask your conveyancer to recommend.
I have been referred to a conveyancing solicitor in Roath. I I would like to check if they are accepted on the Virgin Money approved list of lawyers. Could you assist?
You should call the solicitor and enquire if they can act for the bank. Otherwise please call Virgin Money who may be able to assist.
is it true that all Roath conveyancing solicitors on the Co-operative conveyancing panel are governed by the SRA?
As solicitors, in order to be on the Co-operative approved list of solicitors they would need to be governed by the SRA. Many lenders do allow licenced conveyancers on their panel and in such a situation the firms would be overseen by the Council of Licensed Conveyancers.
My husband and I are at the point of looking at flats in Roath and I am about to put in an offer. Is it wise to have my conveyancer on ‘stand by’? I will be getting a home loan with Skipton.
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. As you are getting a mortgage with Skipton, make sure you remember to check that your lawyer is on the Skipton conveyancing panel.
After much negotiation I have agreed a price on a house in Roath. My mortgage broker pressured me to appoint their property lawyer. I paid an on account payment of £150. A few days later, the conveyancing practitioner contacted me embarrassingly acknowledging that they were not on the HSBC conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the HSBC panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I require quick conveyancing in Roath as I am under an ultimatum to sign on the dotted line within one month. A home loan is not required. Can I escape the need for conveyancing searches to save money and time?
If.Given you are not obtaining a home loan you are at liberty not to have searches conducted although no solicitor would suggest that you don't. Drawing on years of experience of conveyancing in Roath the following are examples of issues that can be revealed and therefore impact market value: Enforcement Notices, Overdue Fees, Outstanding Grants, Unadopted Roads,...
I've found a house that seems to be perfect, at a great price which is making it all the more appealing. I have subsequently found out that it's a leasehold rather than freehold. I would have thought that there are particular concerns purchasing a leasehold house in Roath. Conveyancing advisers have not yet been appointed. Will my lawyers set out the risks of buying a leasehold house in Roath ?
The majority of houses in Roath are freehold and not leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can help the conveyancing process. We note that you are buying in Roath in which case you should be shopping around for a Roath conveyancing practitioner and check that they are used to dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a lessee you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as obtaining the freeholder’spermission to conduct alterations. It may be necessary to pay a contribution towards the upkeep of the estate where the house is located on an estate. Your lawyer should report to you on the legal implications.
I own a studio flat in Roath, conveyancing having been completed in 2009. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Roath with a long lease are worth £191,000. The ground rent is £55 levied per year. The lease ends on 21st October 2078
With just 54 years left to run the likely cost is going to be between £31,400 and £36,200 plus professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.