We see that you have a post code search directory identifying firms on the Nottingham conveyancing panel. Do companies pay you a commission if I instruct them for our conveyancing in Porthcawl?
We are a listing service only for law firms wishing to communicate if they are on the Nottingham conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Porthcawl.
I'm the single recipient of my late father’s will with all property in now in my sole name, including the my former home in Porthcawl. Conveyancing formalities meant that the Land Registry date was in May. I now wish to sell up. I do know about the Mortgage Lenders six month 'rule', meaning my proprietorship could be regarded the same way as if I'd bought the property in May. Will no one buy the property for half a year?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. How practical a view mortgage companies take of it, depend on the mortgage company as this provision is chiefly there to pick up on the purchase and immediately sell or the quick reselling of properties.
We had selected conveyancers locally in Porthcawl on the Yorkshire BS solicitor approved list. They are now charging me a supplemental amount for the legal aspects of the Yorkshire BS mortgage. Is this an additional conveyancing fee set by Yorkshire BS?
Unfortunately, so long as it is in their Terms of Engagement or Quote then yes your conveyancing practitioner can charge a fee for this. This charge is not dictated by Yorkshire BS but by your Porthcawl property lawyer. Plenty of firms on the Yorkshire BS panel will levy ’dealing with mortgage’ fee but many firms incorporate it on their overall fee.
I've digested plenty of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Porthcawl solicitor - who is on the Skipton conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Skipton will need an independent valuation of the property. Your lawyer will not arrange this. Usually Skipton will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Porthcawl surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Do commercial conveyancing searches reveal impending roadworks that may affect a commercial estate in Porthcawl?
Its becoming the norm that commercial conveyancing solicitors in Porthcawl will order a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Porthcawl. The report sets out 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 Porthcawl.
For each commercial conveyancing transaction in Porthcawl it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can result in delays to Porthcawl commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Porthcawl.
It has been five months since my purchase conveyancing in Porthcawl completed. I have checked the Land Registry site 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 asset 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.
I'm converting the mortgage on my primary house to a BTL mortgage with HSBC Bank and I will use the rest of the raised equity towards another house. The area we are talking about is Porthcawl. Will your conveyancers be able to act for the two mortgage companies and tie in the two deals?
Do use our search tool on this site to be sure that the conveyancers are on the relevant lender panels. Assuming that they are the solicitor should be able to tie up the two conveyancing matters but you should talk with you lawyer and communicate your desired outcome and requirements.