I am buying a semi-detached house in Cathays. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Cathays you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Cathays.
I know that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when buying a house in Cathays? or Apparently there is a law dating back centuries that means some owners of property living in a parish church boundary will be compelled to contribute towards maintenance towards the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Cathays?
Unless a previous purchase of the property completed post 12 October 2013 you could expect lawyers handling conveyancing in Cathays to continue to advocate a chancel search and or chancel repair liability insurance.
I'm buying a new build house in Cathays with the aid of help to buy. The sellers refused to reduce the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep suggested that I not reveal to my solicitor about this extras as it could adversely affect my loan with Birmingham Midshires. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
How straightforward is it to use the search tool to select a conveyancing practitioner in Cathays on the panel for my mortgage?
Step one is to choose a lender such as Birmingham Midshires, Coventry Building Society or Aldermore then specify your preferred area for instance Cathays. Conveyancing practices in Cathays and across England and Wales should be identified.
I am in the process of buying my 1st home in Cathays. Conveyancing solicitor has been appointed. The financial consultant advised that a survey is not appropriate as the house was only constructed in 1997.
At the very least you should have a Home Buyer's Report. Given the premises is more than ten years old the property will not come with a warranty, so you don't want to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report could be enough. They will highlight any obvious issues and suggest additional investigation if relevant. If there are any indications of problems get a full Building Survey from the beginning.