Completed the sale of my flat in Llandeilo last May yet the purchaser is texting daily complaining that their conveyancer needs to hear from mine. What are the post completion sale formalities following completion?
Following your disposal your solicitor is committed to send the transfer documentation and all additional paperwork to the buyer’s lawyers. If applicable, your conveyancer should also evidence that the home loan has been discharged to the purchasers solicitors. There is unlikely to be post completion procedures specific conveyancing in Llandeilo.
I am purchasing a garden flat in Llandeilo. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Llandeilo you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Llandeilo.
If you had a top tip for choosing a conveyancing solicitor in Llandeilo what would it be?
We would encourage you not to go for the cheapest Llandeilo conveyancing fees. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I am purchasing a 4 bedroom semi-detached house in Llandeilo. The intention is to carry out a loft conversion at the property.Will legal work on the property involve enquiries to determine if these works are prohibited?
Your property lawyer should review the registered title as conveyancing in Llandeilo will occasionally identify restrictions in the title deeds which prohibit certain changes or need the permission of another owner. Some works need local authority planning consent and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor ahead of any purchase.
My sealed bid on a detached house in Llandeilo has been agreed to, but there is a chain. The vendors have offered on a property, however it’s not been accepted yet, and are looking at other apartments in the pipeline. I have selected a bricks and mortar conveyancing solicitor in Llandeilo. What do I do now? At what point do I apply for the mortgage with UBS?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then survey, Llandeilo conveyancing search costs, etc). First, you should check that your conveyancer is on the UBS conveyancing panel. Regarding the next stages this very much depends on the specifics of your case, desire for this property and on the state of the market. During a rising market many buyers would apply for a home loan with UBS and pay for the valuation and only if it comes back ok would they request their conveyancer to move forward with the conveyancing in Llandeilo.
five months have gone by following my purchase conveyancing in Llandeilo concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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.
Due to the guidance of my in-laws I had a survey completed on a house in Llandeilo prior to instructing conveyancers. I have been advised that there is a flying freehold element to the property. My surveyor advised that some banks will not issue a mortgage on such a house.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. Should you wish to telephone us we can investigate further with 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 Llandeilo. Conveyancing may be slightly more expensive based on your lender's requirements.