I am hoping to receive a offer of a home loan from Halifax. I would like to instruct a Licensed Conveyancer in Baglan. Does the Halifax Solicitor panel exclude Licensed Conveyancers?
The Halifax conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
It is is a decade since I acquired my home in Baglan. Conveyancing solicitors have now been instructed on the sale but I am unable to locate the title documents. Is this a problem?
Don’t worry too much. First the deeds may be retained by your lender or they could stored with the solicitor who acted in the purchase. Secondly in most cases the property will be registered at the land registry and you will be able to establish that you own the property by your conveyancing lawyers acquiring up to date copy of the land registers. The vast majority of conveyancing in Baglan relates to registered property but in the rare situation where your home is unregistered it is more tricky but is not insurmountable.
I had intended to instruct a conveyancing solicitor in Baglan for our home move. Our broker has since notified us that our mortgage lenders Britannia won't deal with them. Surely this is unduly restrictive?
A lender can require an approved solicitor act for it. You would be expected to bear the cost of this. Do use our tool to select a solicitor to conduct conveyancing in Baglan on the Britannia member panel.
Have completed on a a terraced house in Baglan , What is the estimated time for the Land Registry to record my title? My Baglan conveyancing solicitor has been very slow, so I want to be sure that my ownership is recorded.
There is nothing unique when it comes to conveyancing in Baglan registration formalities. As opposed to being determined by geographic area, timeframes can vary subject to the party submitting the application, whether there are errors and whether the Land registry must send notices to any interested parties. Currently roughly 80% of submission are fully dealt with within 12 days but occasionally there can be longer delays. Historically registration occurs after the buyer has moved in to the property so 'speed' is not typically an essential issue yet if it is urgent that the the registration takes place urgently then you or your solicitor can communicate with the Registry to express the reasoning for an expedited registration.
I am looking for a flat up to £195,000 and identified one round the corner in Baglan I like with a park and transport links in the vicinity, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Baglan in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you need a home loan the remaining unexpired lease term may be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.