Having sold my house in Mountain Ash last October yet the purchaser is texting me to say their lawyer is waiting to hear from mine. What should have happened following completion?
Post completion of your house sale your lawyer is obliged to deliver the transfer deeds and all supplemental paperwork to the buyer’s lawyers. Where relevant, your conveyancer must also send confirmation that the legal charge in favour of the lender has been redeemed to the buyers solicitors. There are no post completion requirements unique to conveyancing in Mountain Ash.
We are buying a flat in Mountain Ash. It might be a silly question but how we can trust a conveyancer? On the day of competition we have to put funds into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Forgive me if this question is silly but I am unexperienced as a 1st time purchaser of a ground floor flat in Mountain Ash. Do I receive the keys to the house on the completion date from my lawyer? If so, I will find a High Street conveyancing solicitor in Mountain Ash?
On the day of completion you do not need to attend the conveyancers office in Mountain Ash. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s conveyancers, and once they have received this, you should be able to receive the keys from the property Agents and start moving into the property. Usually this occurs early afternoon.
Last month we had a mortgage agreed in principle with UBS. Mountain Ash conveyancing practitioners were chosen. What is the average time that one could expect to receive a mortgage offer from UBS?
There is no definitive answer here. Have UBS done the survey? Have you advised UBS as to your lawyers' details and checked that your lawyers are on the UBS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
My relative advised me that if I am buying in Mountain Ash I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally quoted for as part of the standard Mountain Ash conveyancing searches. It is a large document of about 40 pages, listing and setting out significant information about Mountain Ash around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Mountain Ash Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Mountain Ash Education with plans and statistics, Local Amenities and other useful data about Mountain Ash.
My company is looking to lease a unit on a shopping parade. Can you recommend solicitors offering competitive charges for commercial conveyancing in Mountain Ash for under 2k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Mountain Ash, including the sale and acquisition of businesses as well as simply property. Whether you are hoping to buy or sell a shop, pub, restaurant, office, retail unit or a complete business we will find you the right firm. Regarding the fees these will vary based on the structure and complexity of the proposed transaction. Let us have your contact information or telephone us so that we can furnish you with a detailed commercial conveyancing quote.
My husband and I are buying a garden flat in Mountain Ash. At the point of instructing our solicitor, they told us that they were on all major UK mortgage company panels. Our financial adviser contacted us yesterday to advise that they don't appear to be on the Principality approved list. If it turns out to be true, what should we do? Do we just find a different conveyancing practitioner that is on their panel or do we pay for separate representation, with Principality selecting their own approved lawyer.
If you are purchasing a property needing a mortgage it is conventional for the buyer’s solicitors to also represent the purchaser's lender. In order to act for a bank or building society a conveyancer has to be on that lender's list of approved lawyers. An application has to be made by the solicitor to the lender to become a member of the lender's panel and there are increasingly strict conditions which the property lawyer has to fulfill. Some building societies now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your conveyancer should call Principality to find out if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on Principality's conveyancing panel and you may continue to use your own Mountain Ash solicitors, in which case it will likely add costs, and it may delay matters as you have another set of people involved.