Why do I have to pay up front for conveyancing in St Athan?
Where you are retaining lawyers for conveyancing in St Athan your solicitor will request that you place them with monies to cover the search fees. Generally this is requested to cover the fees of the Local Authority Search. If any down payment is payable against the sale price then this will be asked for shortly in advance of exchange of contracts. The closing balance that is needed should be transferred a couple of days prior to the day of completion.
I have been told that property searches are a common reason for stalling in St Athan house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays during the legal transfer of property. Searches are not likely to feature in any holding up conveyancing in St Athan.
Despite weeks of looking the Title Certificate and documents to our house can not be found. The solicitors who did the conveyancing in St Athan 5 years ago are no longer around. What do I do?
Assuming the title is registered the information relating to your ownership will be retained by the Land Registry with a Title Number. It is easy to perform a search at the Land Registry, locate your house and secure up to date copies of the property title for less than a fiver. Where the property is Leasehold then the Land Registry will usually hold a file duplicate of the Registered Lease and again, a copy can be ordered for £20 inclusive of VAT.
I opted to have a survey carried out on a house in St Athan prior to retaining solicitors. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies tend refuse to issue a loan on this type of property.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. Should you wish to call us we can check 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 St Athan. Conveyancing will be smoother if you use a solicitor in St Athan especially if they are acquainted with such properties in St Athan.
Am I right to be suspicious that brokers that I am dealing with are recommending a national conveyancing firm rather than a High Street St Athan conveyancing practice?
As is the case with lots of service providers, often recommendations from connections can be worth their weight in gold. But there are lots of parties with a keen interest in a conveyancing transaction; estate agents, financial adviser and lenders may suggest conveyancers to select. Sometimes the conveyancers might be known to one of the organisations as one of the best in their field, but occasionally there might be a commercial relationship behind the endorsement. You are at liberty to appoint your own lawyer. Don't forget that many mortgage providers specify a panel list of conveyancers you are obliged to use for the lender aspect of your conveyancing.