Would the conveyancing practitioners that are recommend handle auction conveyancing in Margam?
We know of a few auction lawyers we can put you in touch with those conducting auction conveyancing. Margam is just one of the many locations where our lawyers have a presence.
My property lawyer in Margam is not on the HSBC Bank Conveyancing Panel. Is it possible for me to continue with my prefered solicitor notwithstanding that they are excluded from the HSBC Bank panel?
Your options are as follows:
- Complete the purchase with your preferred Margam lawyers but HSBC Bank will need to use a conveyancer on their list of acceptable firms. This will inevitably rack up the total conveyancing fees and cause delays.
- Get an alternative solicitor to to deal with the purchase, not forgetting to check they are on the HSBC Bank panel
I am downsizing from our house in Margam and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street Margam conveyancer would know that there is no such problem. For the life of me I don't know why the buyers used a nationwide conveyancing outfit as opposed to a conveyancing solicitor in Margam. Having lived in Margam for six years we know of no issue. Is it a good idea to get in touch with our local Authority to get confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You need to enquire of 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 sickness)
I'm converting the mortgage on my primary property to a BTL loan with Barclays and intend to use the remaining equity as a down payment on further house. The area we are talking about is Margam. Will your conveyancers be able to act for the two banks and tie in the transactions?
Make use of our comparison tool on this page to be sure that the lawyers are approved by both mortgage companies. On the basis that they are your solicitor will be able to simultaneously deal with the two deals but you should have a chat with you conveyancer and make clear your expectations and needs.
Back In 2003, I bought a leasehold house in Margam. Conveyancing and Barclays Direct mortgage are in place. A letter has just been received from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1997. The conveyancing practitioner in Margam who previously acted has now retired. Do I pay?
First contact HMLR to be sure that this person is indeed the registered owner of the freehold reversion. There is no need to instruct a Margam conveyancing practitioner to do this as it can be done on-line for £3. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I inherited a 1 bedroom flat in Margam, conveyancing was carried out February 2006. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Margam with an extended lease are worth £195,000. The ground rent is £45 charged once a year. The lease expires on 21st October 2089
You have 64 years left to run the likely cost is going to span between £14,300 and £16,400 as well as professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.
What is the difference between surveying and conveyancing in Margam?
Conveyancing - in Margam or anywhere in England and Wales - is the process of legally transferring legal title of property from one person to another. It therefore includes the investigation of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you’re intending to buy and will help you discover the condition of the building and, if there are problems, give you a powerful reason for reducing the price down or asking the seller to remedy the defects before you complete your move.