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Find a Ferryside Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Ferryside? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Ferryside home move at risk of delay or failure.

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Recently asked questions about conveyancing in Ferryside

It has been four months following my purchase conveyancing in Ferryside concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

The estate agent has sent us the confirmation of our purchase of a new build flat in Ferryside. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Ferryside

    If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

I decided to have a survey done on a property in Ferryside prior to retaining lawyers. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some banks tend not give a mortgage on this type of home.

It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. Should you wish to telephone us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Ferryside. Conveyancing will be smoother if you use a solicitor in Ferryside especially if they are acquainted with such properties in Ferryside.

I'm converting the mortgage on my primary property to a buy to let mortgage with Bank of Ireland and intend to use the remaining equity as a down payment on a second house. The location we are looking at is Ferryside. Will your solicitors be able to act for the two lenders and tie in the two deals?

Make use of our comparison tool on this site to check that the solicitors are on the relevant lender panels. Assuming that they are the solicitor will be able to connect the two conveyancing matters but you should have a chat with you conveyancer and make apparent your desired outcome and needs.

For various reasons I am unfit to get to my Ferryside conveyancing lawyers office to execute documents connected to my conveyancing in Ferryside – is this a problem?

No. Ferryside conveyancing lawyers can conduct home moves for clients nationwide. You are unlikely to be required to visit a Ferryside conveyancers office. Almost all lawyer can handle all communications remotely from their Ferryside premises.

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Neighbouring Locations

St Clears
Ferryside
Kidwelly
Burry Port

Find out more about how flying freehold can affect your the value of a property.