Having sold my house in Bargoed last May but my buyer keeps texting me complaining that their lawyer is waiting to hear from mysolicitor. What should my lawyer have done following completion?
Following your sale your lawyer is obliged to deliver the transfer deeds and all additional paperwork to the buyer’s conveyancer. If applicable, your conveyancer should also confirm that the legal charge in favour of the lender has been discharged to the buyers solicitors. There is unlikely to be post completion steps just for conveyancing in Bargoed.
we are a couple who are hoping to buy a newbuild apartment in Bargoed with a mortgage from The Royal Bank of Scotland.We would like to retain our Bargoed conveyancing solicitor but The Royal Bank of Scotland informed us he's not listed on their "panel". It seems we are left with no choice but to instruct a The Royal Bank of Scotland panel lawyer or retain our high street solicitor and fork out for a The Royal Bank of Scotland panel lawyer to represent them. This seems very unfair; Can we not simply insist that The Royal Bank of Scotland use our lawyer?
No, not really. The home loan offered to you is subject to its various provisions, one of which will be that solicitors will be on the The Royal Bank of Scotland approved list. Until recently, most mortgage companies had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for The Royal Bank of Scotland
The deeds to our house are lost. The conveyancers who conducted the conveyancing in Bargoed 10 years ago have long since closed. What are my options?
Assuming you have a registered title the details of your proprietorship will be recorded by the Land Registry under a Title Number. It is easy to perform a search at the Land Registry, identify your property and secure up to date copies of the property title for less than a fiver. Where the title is Leasehold then the Land Registry will usually hold a file copy of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
I am looking for a ground for flat up to £245,000 and found one near me in Bargoed I like with open areas and transport links in the vicinity, however it only has 52 remaining years left on the lease. I can't really find anything else in Bargoed in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage that many years will be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.
I am 17 days into a freehold purchase having been recommend to conveyancers by the selling agent to handle our conveyancing in Bargoed. I am not happy. Can you you assist me in finding new lawyers?
They would have to be really poor to suggest diss instructing them. Has your mortgage offer been issued? In the event that it has you will need to inform them of the new contact details and ensure the mortgage documents are re-sent. Your conveyancer needs to be on the mortgage company approved list to avoid supplemental costs and complications. That should be your starting point. Our find a solicitor tool will assist you in finding a bank approved conveyancer for your conveyancing in Bargoed