We are expecting a mortgage offer soon. The bank mentioned the loan came with free conveyancing. Is the implication that I have to use their panel solicitor as I would much rather use a Corwen based conveyancing firm?
Do check but the chances are that appoint one of their panel solicitors should you take up the "fee-free" offer. Call the bank to check if they offer you a cash alternative. In the past a few lenders offered a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor near Corwen.
What does a local search reveal regarding the house my wife and I buying in Corwen?
Corwen conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations such as PSG The local search plays an important part in most Corwen conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search should provide data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
I have justdiscovered that Stirling Law have been shut down. They carried out my conveyancing in Corwen for a purchase of a leasehold flat 18 months ago. How can I check that my home is in my name in the name of the previous owner?
The quickest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Corwen conveyancing specialists.
I am looking for a flat up to £245,000 and found one round the corner in Corwen I like with open areas and transport links nearby, the downside is that it's only got 61 years on the lease. There is not much else in Corwen for this price, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a home loan the remaining unexpired lease term will be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
I was advised by a few estate agents in Corwen to locate a conveyancer on your site. Is there a financial upside for Estate Agents to promote your site ahead of alternative conveyancing organisations?
We don’t make any commission for sending work to this site. We found it would be just too difficult a fee as a client could think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.