What is the difference between a licensed conveyancer and conveyancing solicitor in St Fagans
There are two types of lawyers who can execute conveyancing in St Fagans namely CLC regulated conveyancers or solicitors. The two can administer conveyancing services that required to complete the sale or purchase of property. Both are obliged to conduct St Fagans conveyancing to the same quality and guidelines so you can be sure that your conveyancing will be properly conducted and that all requirements and procedures should be suitably followed.
Is there a list of Clydesdale panel solicitors in St Fagans on the Building Society Association’s Website?
No. There is no such tool on the CML or Building Society Association websites. Very few banks make their panel listings viewable over the internet. If you are in need of a St Fagans conveyancer on the Clydesdale please use our facility.
I have decided to exercise my right to buy my property in St Fagans off the council. I have a mortgage offer with Skipton. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Skipton, you will need to appoint a solicitor on the Skipton conveyancing panel.
3 months have elapsed following my purchase conveyancing in St Fagans took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. 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 buying a new build house in St Fagans with a loan from Halifax. The builders would not budge the amount so I negotiated 6k of additionals instead. The estate agent advised me not disclose to my conveyancer about the deal as it could put at risk my mortgage with the lender. Do I keep my lawyer in the dark?.
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.
Due to the encouragement of my in-laws I had a survey completed on a house in St Fagans before instructing solicitors. I have been informed that there is a flying freehold element to the property. My surveyor has said that some banks may refuse to give a mortgage on such a home.
It depends who your proposed lender is. Santander has different requirements for example to Nationwide. Should you wish to call us we can look into this further 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 St Fagans. Conveyancing may be slightly more expensive based on your lender's requirements.
We have had DIP from Alliance & Leicester who indicated we could borrow up to £300k. At what point do I need to appoint a lawyer for conveyancing? St Fagans is where we plan to move to.
You can instruct a conveyancing practitioner now so that the conveyancer can open the file so they can commence their ID checks etc. Once you wish them to commence work you will be asked for a deposit usually approximately £225. That should generally be once you have the mortgage offer and survey back, but if you want to speed matters you can get going sooner albeit risking some money.