We are about to exchange buying a house in Adamsdown but as a result of wreckage from the recent storms I have was able negotiate compensation from the owner of £2k taking the form of a deduction in the price. I had intended this to be addressed as part of a side agreement however Coventry BS are not allowing this. Why were they involved?
Any property lawyer being on a Coventry BS approved list is obliged to disclose to Coventry BS of any variations to the sale price. If you were to refuse your lawyer to notify the price change to Coventry BS then they would have to discontinue acting for you. In addition, Coventry BS and you would have to appoint a new solicitor for your conveyancing in Adamsdown.
What is the best way to discover of the solicitor handling my conveyancing in Adamsdown is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for TSB thus paying £187.00 plus VAT in another set of legal fees.
Feel free to take advantage of the find a lender approved solicitor tool on this page. Please choose the lender and type ‘Adamsdown’ or your preferred area and you will see numerous conveyancers offices in Adamsdown or by proximity to you.
Will our solicitor be asking questions regarding flooding as part of the conveyancing in Adamsdown.
Flooding is a growing risk for conveyancers dealing with homes in Adamsdown. Some people will buy a property in Adamsdown, completely expectant that at some time, it may suffer from flooding. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable insurance cover, or sell the property. Steps can be carried out during the course of a property purchase to forewarn the buyer.
Solicitors are not qualified to offer advice on flood risk, however there are a numerous searches that can be carried out by the purchaser or by their solicitors which should figure out the risks in Adamsdown. The standard property information forms supplied to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) includes a standard inquiry of the owner to find out if the premises has historically flooded. In the event that flooding has previously occurred which is not revealed by the seller, then a buyer may bring a compensation claim as a result of such an incorrect answer. A buyer’s conveyancers should also carry out an enviro search. This should indicate whether there is a recorded flood risk. If so, more detailed investigations will need to be made.
As co-executor for the estate of my grandmother I am disposing of a property in Neath but reside in Adamsdown. My lawyer (approximately 260 kilometers awayrequires that I execute a stat dec ahead of the transaction finalising. Could you suggest a conveyancing practitioner in Adamsdown who can witness and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are Adamsdown based
One month into a sale of a flat in Adamsdown. Conveyancing is fine but we are being charged an extortionate amount from the landlord. To date we have issued a cheque for £237 for a leasehold management information and then a further £134.40 for additional queries raised by the buyers conveyancing practitioner.
Neither you or your conveyancer will have any impact over the level of the bill for this information however the typical fee for the information for Adamsdown leasehold premises is £395. When it comes to Adamsdown conveyancing sales it is customary for the owner to pay for these charges. The landlord or their agents are under no legal obligation to answer these questions although many will agree to do so - albeit often at high prices out of proportion to the work involved. Unfortunately there is no statute that mandates fixed charges for administrative tasks. Neither is there any prescriptive time frame by which they are required to issue answers.