Our bank has recommended a law firm on their panel based in Hengoed but I would rather instruct a conveyancing lawyer in Hengoed or nearer to where I live. Can you assist?
Far from all Hengoed conveyancing practitioners are on all banks conveyancing panel. Please make the most of the above search tool to identify a Hengoed conveyancing solicitor on the on the bank panel.
My bid for a property was accepted at auction in Hengoed. Conveyancing is needed. What is next?
Given that you are now to in every practical sense signed on the dotted line you now have to instruct a conveyancing lawyer quickly as you now have a tight a fixed date to complete the deal. An auction property will ordinarily have an associated legal pack. This will include evidence of title and search results. In the case of leasehold property the legal papers should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to a leasehold property. You must pass this on to your appointed conveyancing solicitor as soon as possible. You also need to ensure that your finances are in place to complete on the date specified in the contract.
My wife and I are in the process of viewing houses in Hengoed and I am about to put in an offer. Is it sensible to have a lawyer on ‘stand by’? I am planning to take a home loan with Co-operative.
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. As you are obtaining a mortgage with Co-operative, ask your prospective lawyers if they are on the Co-operative conveyancing panel otherwise they can't do the mortgage legal work.
I have a mortgage with Leeds Building Society for my property in Hengoed. Conveyancing was finalised some time ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Leeds Building Society?
You must advise Leeds Building Society before renting your property as this is likely to be a breach of Leeds Building Society’s mortgage conditions. It may be that Leeds Building Society will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Leeds Building Society directly. It should not be necessary to do this via a Leeds Building Society conveyancing panel solicitor.
I have recentlyfound out that Action Conveyancing have closed. They carried out my conveyancing in Hengoed for a purchase of a leasehold apartment 18 months ago. How can I be sure that the property is not still registered in the name of the former proprietor?
The easiest method to see if the premises is registered to you, you can carry out 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 Hengoed conveyancing specialists.
How does conveyancing in Hengoed differ for new build properties?
Most buyers of new build property in Hengoed contact us having been asked by the builder to exchange contracts and commit to the purchase even before the house is completed. This is because new home sellers in Hengoed typically purchase 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 conveyancing solicitors 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 Hengoed or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a property in Hengoed prior to retaining conveyancers. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some banks may refuse to grant a loan on such a home.
It varies from the lender to lender. HSBC has different requirements for example to Nationwide. Should you wish to telephone us we can check 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 Hengoed. Conveyancing may be slightly more expensive based on your lender's requirements.