Can you explain why leasehold purchase conveyancing in Aberaeron costs more?
Aberaeron leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
My partner and I are selling our property in Aberaeron and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any local lawyer would know this is not the case. It does beg the question why the purchasers instructed an online conveyancing practice rather than a conveyancing solicitor in Aberaeron. We have lived in Aberaeron for 4 years we know of no issue. Should we get in touch with our local Authority to seek confirmation that there is no issue.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
Due to the encouragement of my in-laws I had a survey completed on a property in Aberaeron ahead of appointing solicitors. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some lenders may not give a mortgage on this type of house.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. If you call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Aberaeron. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm converting the mortgage on my current home to a buy to let loan with Alliance & Leicester and I will use the rest of the raised equity as a down payment on further house. The neighborhood we are interested in is Aberaeron. Will your conveyancers be able to act for both sets of banks and tie in the transactions?
Make use of our comparison tool on this page to check that the solicitors are on the appropriate lender panels. Having checked that they are your solicitor should be able to tie up the two conveyancing matters but you should talk with you lawyer and make apparent your desired outcome and requirements.
My husband and I are 14 days into a leasehold purchase having been recommend to solicitors by the estate agent to carry out the conveyancing in Aberaeron. I am am starting to be dissatisfied with the level of service. Could you you assist me in finding new conveyancers?
A solicitor would need to be really bad in order to consider replacing them. Has your loan offer been generated? If so you need to make them aware of the replacement conveyancer and ensure the mortgage documents are re-sent. Your new conveyancer needs to be on the lenders approved list to avoid escalating charges and frustration. That should be your first question of the new solicitors. Our find a solicitor tool should help you find a bank approved conveyancer for your home move in Aberaeron