I have just been advised by my IFA that my Ogmore By Sea solicitor is not on the lender Solicitor panel. What can I do to be sure if this is correct?
Your first step should be to call your Ogmore By Sea lawyer directly. It is reasonable to expect your lawyer to notify you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
I am buying a new build flat in Ogmore By Sea. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Ogmore By Sea you will have to appoint a solicitor on your bank'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 Ogmore By Sea.
I need some fast conveyancing in Ogmore By Sea as I am under an ultimatum to complete in less than 2 weeks. Luckily I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are are a cash purchaser you have the choice not to do searches although no conveyancer would recommend that you don't. Drawing on our experience of conveyancing in Ogmore By Sea the following are instances of what can arise and adversely impact future mortgageability: Enforcement Actions, Overdue Fees, Outstanding Grants, Road Schemes,...
It has been 2 months following my purchase conveyancing in Ogmore By Sea completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. 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 property 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 opted to have a survey carried out on a property in Ogmore By Sea prior to instructing conveyancers. I have been informed that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies may not grant a loan on a flying freehold property.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. If you call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Ogmore By Sea. Conveyancing may be slightly more expensive based on your lender's requirements.