I am due to exchange buying a property in Trefriw but as a result of damage from a small fire at the property I have was able negotiate recompense from the owner of £3k in the form of a adjustment in the price. I had intended this to be dealt with as part of amending the contract yet Bank of Ireland will not agree to this. Should they have been approached?
Any lawyer that is on a Bank of Ireland approved list is required to advise Bank of Ireland of any variations to the sale price. If you were to refuse your conveyancer to notify the reduction to Bank of Ireland then they would have to discontinue acting for you. In addition, Bank of Ireland and you would have to appoint a new conveyancer for your conveyancing in Trefriw.
Me and my brother own a terraced Edwardian house in Trefriw. Conveyancing lawyer represented me and The Mortgage Works. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold with the exact same address. I thought I was buying a freehold how can I check?
You should read 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Trefriw and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with the conveyancing solicitor who conducted the conveyancing.
What tools are available to locate a Trefriw solicitor on the The Mortgage Works conveyancing panel? I drive a motor bike and am willing to travel upto 25miles to meet the solicitor.
You can use the search on this page. Please select a bank and your location and you will see a number of Trefriw conveyancing lawyers locally. We have listed some Trefriw conveyancing firms at the bottom of this page and you can ring them to see if they are on the The Mortgage Works panel
In surfing the internet for the phrase on line conveyancing in Trefriw it reveals numerous property lawyerslocally. How do I determine which is the suitable property lawyer for purchase transaction?
The best method of choosing the right conveyancer is via personal referral, so ask colleagues and those you trust who have bought a property in Trefriw or the reputable estate agent or financial adviser. Charges for conveyancing in Trefriw vary, so it's a good idea to secure at least four quotes from different law firms. Dont forget to clarify that the fees are fixed.
Should I stop the direct debit for my mortgage with Santander as soon as a completion date for my sale in Trefriw has been set?
No, you should maintain meeting any mortgage sums to Santander until the mortgage is repaid on completion as part of your Trefriw conveyancing.