I am obtaining a offer of a home loan from Nat West. My intention is to instruct a Licensed Conveyancer in Llanrumney. Does the Nat West Solicitor panel allow for conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am helping my step-mother sell her house in Llanrumney. Will the conveyancing solicitor arrange an energy performance certificate or it is for the owner to see to?
Following the demise of Home Information Packs, energy assessments was left as a required part of moving property. An EPC should be to hand prior to the property being put on the market. It is not as aspect of the sale process that conveyancers normally arrange. If you are instructing a Llanrumney conveyancing solicitor they might be willing to arrange energy performance certificates due to their relationships with long established Llanrumney assessors
Have just purchased a repossessed house at auction in Llanrumney. Conveyancing is necessary. What happens now?
Given that you are now for all intents and purposes signed on the dotted line you must retain a conveyancing practitioner quickly as you will have a tight deadline in which to complete the transaction. An auction property will ordinarily have an associated auction set of papers. This will likely include evidence of title and search results. Where you are dealing with leasehold premises the legal papers may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to leasehold premises. You need to hand this to the lawyer instructed by you at the earliest opportunity. You also need to ensure that your finances are in order to complete on the on the contractual date .
I can not fathom if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Llanrumney building society branch on a couple of occasions and was told they are content with the situation and they would lend. My Llanrumney conveyancing solicitor - who is on the bank conveyancing panel- called and was told they would not lend based on their published requirements. I simply don't know who is right.
The lawyer must comply with the Council of Mortgage Lenders’ Handbook Part 2 specifications for your lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I have justbeen informed that Stirling Law have closed. They carried out my conveyancing in Llanrumney for a purchase of a leasehold apartment 18 months ago. How can I be sure that my home is registered correctly in the name of the former proprietor?
The quickest way to check if the property is in your name, 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 Llanrumney conveyancing specialists.
Due to the advice of my in-laws I had a survey completed on a house in Llanrumney before instructing conveyancers. I have been advised that there is a flying freehold element to the house. My surveyor has said that some lenders tend not issue a loan on a flying freehold house.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to call us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Llanrumney. Conveyancing may be slightly more expensive based on your lender's requirements.
We are contemplating choosing an online conveyancer as opposed to a Llanrumney conveyancing practice. Should I ‘stay local’?
Advantages do exist in being able to attend a local Llanrumney conveyancing solicitor for instance
- signing documents on short notice
- having face-to-face explanations of things that you need help with
- the ability to complain if things go pear-shaped
When comparing quotes, look carefully for hidden extras. The majority decent Llanrumney high street solicitors give an all-inclusive figure. Many online companies appear to offer cheap fees, but have burried 'extras' in the fine print.