As a first time buyer what is the most important advice you can give me regarding purchase conveyancing in Radyr?

Not many law firms shout this from the rooftops but conveyancing in Radyr and elsewhere in Cardiff is an adversarial process. In other words, when it comes to conveyancing there exists lots of opportunity for confrontation between you and other parties involved in the transaction. For instance, the seller, selling agent and even potentially the mortgage company. Choosing a law firm for your conveyancing in Radyr should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the legal process whose interest is to protect your legal interests and to protect you.

Every so often a third party with a vested interest will attempt to sway you that you should follow their advice. As an example, the estate agent may claim to be helping by suggesting your solicitor is dragging his heels. Or your mortgage broker may advise you to do something that is contrary to your conveyancers guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

Forgive me if this question is silly but I am wet behind the ears as a 1st time purchaser of a two bedroom flat in Radyr. Do I receive the keys to the premises on completion from my lawyer? If so, I will use a High Street conveyancing solicitor in Radyr?

There is no need to visit the lawyers office on the day of completion. Your solicitors will electronically transfer the purchase money to the owner’s lawyers, and shortly after the monies have arrived, you will be able to collect the keys from the property Agents and start moving into the property. This tends to happen between 1 and 3pm.

Aldermore have agreed my home loan in principle, my bid on a flat in Radyr has been agreed to, what are the next steps?

Your estate agent will need to be informed of your conveyancer's details (ensure that the solicitors are on the bank’s panel). Contact Aldermore or your broker and finalise any appropriate documentation. Aldermore will instruct a valuer who will get in touch with the selling agent or vendor to schedule an appointment. Once conducted (assuming no problems) it takes approximately a fortnight to get a mortgage offer. Aldermore will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Radyr.

Our offer on a property in Radyr has been agreed to, the vendors do nevertheless have a dependent purchase. The sellers have offered on a property, however it’s not yet tied up, and have viewings of other flats in the pipeline. I have instructed a high street conveyancing solicitor in Radyr. What do I do now? At what stage do I apply for the mortgage with UBS?

It is normal to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then valuation, Radyr conveyancing search charges, etc). First, you must ensure that your conveyancer is on the UBS approved list. As to the subsequent phase this very much depends on the uniqueness of your case, motivation for the property and on the state of the market. During a hot market some buyers will apply for a home loan with UBS and pay for the valuation and only if it was satisfactory would they request their lawyer to proceed with searches.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Radyr. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Radyr

Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants.

I opted to have a survey done on a property in Radyr before retaining solicitors. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies may refuse to give a loan on such a property.

It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. If you contact us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Radyr. Conveyancing will be smoother if you use a solicitor in Radyr especially if they are acquainted with such properties in Radyr.

Given that I will soon spend hundreds of thousands of pounds on a house in Radyr I wish to have a conversation with the solicitor regarding thehome move in advance of instructing the firm. Is this something that you can arrange?

We could not agree more - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor due to be doing your property ownership legalities in Radyr.There is no ‘factory style conveyancing’ - each client is unique person, not a file number. The law firms that we put you in touch with believe that the fees you are quoted for residential conveyancing in Radyr should be the amount on the final invoice that you are charged.