Why do I have to pay up front when it comes to conveyancing in Abergele?
Where you are retaining lawyers for conveyancing in Abergele your lawyer will ask you put them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. When the down payment is payable against the purchase price then this will be needed immediately ahead of contracts are exchanged. The final balance that is due should be sent to your lawyer shortly before completion.
My grandmother passed away six months ago and as sole heir and executor I was left the property in Abergele. The house had a relatively small loan remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Leeds Building Society, pay off the mortgage. Is this allowed?
Given you plan to re-mortgage then Leeds Building Society will insist on your using a conveyancer on the Leeds Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Leeds Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Leeds Building Society mortgage is registered as a charge at the Land Registry.
My wife and I are downsizing from our house in Abergele and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. A high street Abergele conveyancer would know this is not the case. It does beg the question why the buyers are using a national conveyancing outfit as opposed to a conveyancing solicitor in Abergele. Having lived in Abergele for 4 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. What do they say? 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)
I am looking for a ground for flat up to £305k and found one round the corner in Abergele I like with a park and transport links in the vicinity, however it's only got 52 years on the lease. There is not much else in Abergele suitable, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a home loan the remaining unexpired lease term may be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
My company is wishing to lease a unit on the high street. Can you recommend solicitors offering competitive fees for non-domestic conveyancing in Abergele for under £2000?
We can recommend firms who have specialist knowledge of commercial conveyancing in Abergele, including the sale and purchase of businesses as well as simply property. Whether you are intending to purchase or dispose of a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right lawyer. As for the fees this will depend on the structure and heads of terms of the proposed transaction. Let us have your contact information or call us so that we can supply you with a fixed commercial conveyancing calculation.