Will conveyancers ask for money up-front when it comes to conveyancing in Roath Park?
If you are buying a property in Roath Park your lawyer will ask you place them with funds to cover the the cost of the conveyancing searches. Generally this is requested to cover the fees of the Local Authority Search. If any down payment is payable against the purchase price then this will be needed shortly in advance of exchange of contracts. The final balance that is due should be sent to your lawyer a few days ahead of the completion date.
I am assisting my mother sell her house in Roath Park. Will the conveyancer commission the EPC or it is for the owner to coordinate?
Following the demise of HIPs, EPC’s became a mandatory element of selling a house. An energy performance certificate should be commissioned prior to the property being placed on the market. It is not a task that lawyers normally organise. If you are using a Roath Park conveyancing practitioner they might be willing to arrange energy performance certificates due to their contacts with long established local accredited person
Forgive me if this question is silly but I am unexperienced as a first time buyer of a ground floor flat in Roath Park. Do I pick up the keys to the premises on the completion date from my solicitor? If so, I will instruct a local conveyancing solicitor in Roath Park?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the vendor’s conveyancers, and once they have received this, you should be able to receive the keys from the property Agents and move into your new home. Usually this occurs early afternoon.
I'm at the point of looking at apartments in Roath Park and I am about to put in an offer. Is it wise to have my lawyer on ‘stand by’? I intend to finance via a home loan with Bank of Ireland.
You should start obtaining conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. As you are obtaining a mortgage with Bank of Ireland, ask your prospective lawyers if they are on the Bank of Ireland conveyancing panel otherwise they can't do the mortgage legal work.
I own a 4 bedroom Georgian house in Roath Park. Conveyancing practitioner represented me and Santander. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Roath Park and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with your conveyancing lawyer who conducted the conveyancing.
I'm buying my first flat in Roath Park with the aid of help to buy. The builders refused to budge the amount so I negotiated 6k of additionals instead. The house builders rep advised me not reveal to my lawyer about the side-deal as it could put at risk my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My wife and I have agreed a price on a Roath Park apartment we inherited seven years ago in 2012. I have over a decades worth of conveyancing experience and, although retired, see no reason not to carry out the conveyancing. The buyer's conveyancing practitioner has informed me that their building society will not allow you to do your own conveyancing as they require the funds to be transferred to a solicitor's bank account.
Mortgage requirements to solicitors from all mainstream lenders state that If the seller is not legally represented the buyer’s lawyers should check whether the mortgage company needs to be notified so that a decision can be reached as to whether or not they are prepared to proceed.