We are downsizing from our house in Aberbargoed and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A high street Aberbargoed lawyer would know this is not the case. For the life of me I don't know why the purchasers are using a nationwide conveyancing firm as opposed to a conveyancing solicitor in Aberbargoed. Having lived in Aberbargoed for many years we know that this is a non issue. Do we contact our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I am purchasing a new build house in Aberbargoed with a loan from Barclays . The developers would not move on the price so I negotiated £7000 of fixtures and fittings instead. The sale representative advised me not to tell my lawyer about this deal as it may affect my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
How do I search for a Aberbargoed solicitor on the Coventry Building Society conveyancing panel? I have wheels and am happy to travel upto 10kilometers to meet the conveyancer.
Feel free to make use of the search on this website. Please pick a mortgage company and your location and you will see a number of Aberbargoed conveyancing lawyers located nearest you. We have listed some Aberbargoed conveyancing firms at the bottom of this page and you can contact them to check whether they are on the Coventry Building Society panel
Are there common problems that you encounter in leases for Aberbargoed properties?
There is nothing unique about leasehold conveyancing in Aberbargoed. Most leases are drafted differently and legal mistakes in the legal wording can result in certain provisions are erroneous. The following missing provisions could result in a defective lease:
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Maintenance charge proportions which don’t add up to the correct percentage
You will have difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Halifax, Coventry Building Society, and Nottingham Building Society all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to provide security, forcing the buyer to pull out.
I inherited a 1 bedroom flat in Aberbargoed, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Aberbargoed with an extended lease are worth £190,000. The ground rent is £65 invoiced annually. The lease runs out on 21st October 2087
You have 61 years left to run we estimate the premium for your lease extension to be between £18,100 and £20,800 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.
Finally our conveyancing in Aberbargoed is completing on Friday, yet the person I am purchasing from wants to move out the next day at noon. Do I accept such a idea?
Where you need a bank loan then your conveyancing practitioner will require that you have vacant possession on Friday - the bank will compel it.