Please help - my lawyer says that missing deeds insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Machen?
The appropriate level of missing deeds indemnity insurance should be dictated by who your lender. It would differ for example between Accord Mortgages Ltd and Virgin Money. Conveyancing practitioners as opposed to borrowers take out such policies.
We had chosen conveyancing lawyers located in Machen on the Virgin Money solicitor panel. They are now charging me an additional fee for the legal aspects of the Virgin Money mortgage. Is this an additional conveyancing fee set by Virgin Money?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your solicitor is entitled to charge a fee for this. The fee is not set by Virgin Money but by your Machen lawyer. Plenty of firms on the Virgin Money panel will quote an ‘acting for lender’ fee and others do not.
Last month we had a mortgage agreed in principle with Clydesdale. Machen conveyancing solicitors are selected. How long does it take for Clydesdale to forward the offer to the conveyancer?
There is no definitive answer here. Have Clydesdale completed the survey? Have you advised Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Do commercial conveyancing searches reveal impending roadworks that may impact a commercial site in Machen?
Many commercial conveyancing solicitors in Machen will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Machen. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Machen.
For each commercial conveyancing transaction in Machen it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may result in delays to Machen commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Machen.
Are there any apps to assist me to search for a Machen law firm on the National Westminster Bank conveyancing panel? I have a car and am willing to travel upto 25kilometers to meet the solicitor.
Feel free to make use of the tool on this page. Please select a mortgage company and your location and you will see a number of Machen conveyancing lawyers located nearest you. We have detailed some Machen conveyancing firms towards the end of this page and you can call them to verify whether they are on the National Westminster Bank approved list
I am thinking of appointing a conveyancing practitioner in Machen for my home move. Is there any facility to see a firm’s complaints history with the legal regulator?
One can search for documented Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA could recorded telephone calls for training purposes.
My wife and I purchased a leasehold flat in Machen. Conveyancing and Accord Mortgages Ltd mortgage are in place. A letter has just been received from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1996. The conveyancing solicitor in Machen who previously acted has long since retired. Do I pay?
First make enquiries of HMLR to make sure that the individual claiming to own the freehold is in fact the new freeholder. You do not need to instruct a Machen conveyancing lawyer to do this as you can do this on the Land Registry website for £3. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Leasehold Conveyancing in Machen - Examples of Questions you should consider before buying
Is anyone aware of any major works in the near future that could add a premium to the service fees? Who are the managing agents? Does the lease contain onerous restrictions?