It may have been a long time coming a loan offer from HSBC for the refinancing of my single bedroom flat is due any day now. Are you able to recommend a cheap conveyancing law firm in Cardiff Bay?
You have come to the wrong place to search for the cheapest conveyancing in Cardiff Bay. Our aim is to provide value for money conveyancing but we do not advertise as being the cheapest. Resist the temptation to appoint companies offering £100 conveyancing in Cardiff Bay. Optimistically, in choosing a lawyer for low cost conveyancing, you will earn what you pay for and at worst you will end up paying a lot in extras and still not get the service expected.
Can the conveyancing lawyers via your comparison service carry out conveyancing in Cardiff Bay by way of an attended exchange?
There are a few conveyancing experts who can conduct personalised exchanges. You should contact us to get a conveyancing quote and details as to dates.
I purchased a terraced Victorian property in Cardiff Bay. Conveyancing practitioner represented me and Virgin Money. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold with the exact same address. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Cardiff Bay and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with your conveyancing practitioner who conducted the purchase.
How does conveyancing in Cardiff Bay differ for new build properties?
Most buyers of new build premises in Cardiff Bay approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Cardiff Bay typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Cardiff Bay or who has acted in the same development.
I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Cardiff Bay is the location of the property. Can you offer any guidance?
Flying freeholds in Cardiff Bay are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Cardiff Bay you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cardiff Bay may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.