I am buying a newly built duplex in Cefn Mawr and my lawyer is advising me that she is duty bound to the mortgage company to disclose incentives from the seller. I am under pressure to exchange contracts and my preference is not to delay the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I used Arc property Solicitors a few years past for my conveyancing in Cefn Mawr. Now, I need the documents however the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Cefn Mawr of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I have been advised by numerous property agents in Cefn Mawr to choose a property lawyer on your site. Is there a financial upside for Estate Agents to market your lawyers over alternative conveyancing organisations?
We refuse to make any financial incentive for pointing buyers and sellers to this site. We thought it would be too underhand a fee as a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
What are your top tips when it comes to finding a Cefn Mawr conveyancing firm to carry out our lease extension conveyancing?
When appointing a conveyancer for your lease extension (regardless if they are a Cefn Mawr conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of work. We suggest that you talk with two or three firms including non Cefn Mawr conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:
Can they put you in touch with clients in Cefn Mawr who can give a testimonial?
Cefn Mawr Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to buying
It is important to be aware whether changing the roof or some other significant cost is due shortly to be shared amongst the leasehold owners and may well dramatically increase the the maintenance charges or result in a one off invoice. This question is important as a) areas may cause problems for the building as the common areas may start to deteriorate where maintenance are not paid for b) if the tenants have a dispute with the managing agents you will wish to have full disclosure
Why is New Build conveyancing in Cefn Mawr more costly?
Conveyancing in Cefn Mawr for recently converted or new build properties can sometimes involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as additional questions and contractual concerns.