My wife and I are spending time looking at apartments in Pontcanna and I am now considering a potential offer. Is it too early to have a solicitor in place? I am planning to take a home loan with Lloyds.
You should start obtaining conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. Given that you are getting a mortgage with Lloyds, ask your prospective lawyers if they are on the Lloyds conveyancing panel otherwise they can't do the mortgage legal work.
I am currently in the process of buying my council flat in Pontcanna. I have a mortgage offer with HSBC. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have 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 HSBC, you will need to appoint a solicitor on the HSBC conveyancing panel.
I currently have a mortgage with Principality for my property in Pontcanna. Conveyancing has been completed 12 months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Principality?
Principality must be informed of your intention prior to renting your property as this is likely to be a breach of Principality’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Principality directly. You need not do this via a Principality conveyancing panel lawyer.
I require quick conveyancing in Pontcanna as I am under a deadline to complete in less than 2 weeks. Thankfully I do not need a mortgage. Can I decline from having conveyancing searches to save money and time?
As you are are a mortgage free buyer you are at liberty not to have searches conducted although no solicitor would recommend that you don't. With plenty of history conveyancing in Pontcanna the following are examples of what can crop up and adversely affect future saleability: Enforcement Notices, Outstanding Fees, Overdue Grants, Unadopted Roads,...
Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one near me in Pontcanna I like with amenity areas and station in the vicinity, however it only has 49 years on the lease. I can't really find anything else in Pontcanna in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
I am looking to sell my property. My previous solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Pontcanna if that affects matters.
Please use our search tool to help you find a solicitor for your conveyancing in Pontcanna. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
We are 18 days into a freehold purchase having been recommend to solicitors by the local agent to perform conveyancing in Pontcanna. I am am very disappointed with the level of service. Could you you assist me in finding new lawyers?
A conveyancer would need to be really bad to suggest replacing them. Has your loan offer been issued? If so you must make them aware of the new contact details and have the mortgage documents are re-issued. The conveyancer needs to be on the banks approved list to avoid supplemental expenses and complications. That should be your first question of the new solicitors. Our find a solicitor tool will help you find a bank approved lawyer for your home move in Pontcanna