What does a Hirwaun conveyancing lawyer advise if the flat is located in a conservation area in Rhondda Cynon Taf local authority that has unsuitable new windows added?
Rhondda Cynon Taf council search (LLC1 - Requisition for search and Official Certificate of Search) carried out by your Hirwaun conveyancing solicitor as part of the conveyancing should identify the existence of the appropriate authorisation for modifications to the property.
I've had a quote from you. May there be any additional costs?
Homeward Legal never charge any hidden extra charges. If you are comparing quotes, consider that some firms only provide estimates disguised as quotes. You may face a much greater total fee when you have completed.
My mortgage lender will be Holmesdale Building Society - what will I need to be aware of?
Over the last two years, some lenders are now limiting the firms who can act for them, resulting in higher conveyancing costs for house purchasers if a second solicitor is required by their lender. We can act for many mortgage lenders, ensuring that an additional solicitor will not be required to act for your lender.
What’s the difference between exchange of contracts and completion?
When you exchange contracts, this means that you are agreeing to all the terms drawn up within the contract made between you on one side of the transaction, and the opposite party on the other side. It is from this point that you are legally obliged to go through with the transaction (unless you want to be subject to financial and/or legal penalties).
The completion of contracts is the point where you officially take over ownership of the property, receive the keys and can move in. All monies are transferred between the various parties and the conveyancing solicitor contacts the Land Registry to register the change of ownership to you.
Confused by the jargon in conveyancing? Let Homeward Legal's straightforward and clear service help guide you to as early a completion as possible. Try our online quote generator or call us on 0800 038 6699.
Of large Hirwaun mortgage lenders, which firms are on your panel?
Most lenders in Hirwaun are on our panels. Hirwaun lenders and mortgage specialists include Asset Management Financial Services, 73-74/73-74/Hannah Street, Porth, CF39 9PY, Cascade Mortgages, Cascade House/Pengam Rd, Penpedairheol, Hengoed, CF82 8BX, and King's Financial Services, Clos Coed Bach, Blackwood, NP12 1GT. The solicitor managing the legal work for your move will be able to advise further.
Is it hard to sell a property located in a conservation area?
A conservation area is designated and managed by the local authority to ensure the unique nature of the location is maintained by placing restrictions on changes to the buildings, street furniture and green spaces to protect the architectural or historical interest of everything within the conservation area boundary.
Because of this resistance to change, this usually means homes in conservation areas are more attractive to buyers, and, as such, there may be a premium to pay over properties outside such areas. Because of the attraction of such property, they will usually sell well and quickly. However, there will need to be greater checks by the buyer’s solicitor to verify that your property conforms to the conservation area restrictions, which may add extra time to the duration of the conveyancing.
Homeward Legal's solicitors have a great deal of experience working with sales and purchases in conservation areas, so why not give our team a quick call on 0800 038 6699 right now to find out what we can do to help your plans?
Hirwaun property solicitors carry out formal conveyancing searches when acting for a home purchaser - what actual searches?
When you are applying for a mortgage a mortgage lender will expect at least the following Local Authority Search, Drainage Search (Con29DW or personal) and Environmental and occasionally less common searches, which may include a Bankruptcy Search (K16).
Please confirm how to circumvent paying SDLT?
Stamp Duty Land Tax (SDLT) is usually payable on houses over one hundred and twenty-five thousand pounds. We firmly advise against any stamp duty reduction scheme. Such schemes are expensive and HMRC may challenge a scheme up to six years later meaning that the full stamp duty amount will be payable, with potential fines.