I have just been advised by my mortgage broker that my Neath property lawyer is not on the bank Conveyancing panel. How can I be sure that this is correct?
The first thing you need to do is to contact your Neath 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 conveyancing panel for your bank.
Do the conveyancing practitioners to be found on your site execute auction conveyancing in Neath?
There are a few auction lawyers we can put you in touch with those who can conduct auction conveyancing. Neath is one of hundreds of areas of in which our lawyers cover.
We see that you have a search directory listing solicitors on the HSBC conveyancing panel. Do companies pay you a commission if I retain them for our own conveyancing in Neath?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Neath.
Our mortgage company has suggested a law firm on their panel based in Neath but I would rather use a conveyancing lawyer in Neath or nearer to where I live. Are you able to assist?
The minority of Neath conveyancing practitioners are approved and listed on all lender’s conveyancing panel. Use the above search tool to find a Neath conveyancing firm on the on the mortgage company panel.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and found one round the corner in Neath I like with open areas and railway links in the vicinity, however it only has 51 years unexpired on the lease. There is not much else in Neath suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you require a home loan the shortness of the lease will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
I am in need of some leasehold conveyancing in Neath. Before I set the wheels in motion I would like to find out the number of years remaining on the lease.
If the lease is recorded at the land registry - and 99.9% are in Neath - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Neath Conveyancing for Leasehold Flats - Sample of Queries Prior to buying
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Best to be warned if window replacement or some other significant cost is due in the foreseeable future to be shared between the tenants and may well materially impact the level of the service costs or require a specific invoice. It would be sensible to find out if there is anything that is prohibited in the lease. By way of example it is very common in Neath leases that pets are not permitted in certain buildings in Neath. If you love the propertyin Neath but your cat can’t live with you then you will be presented with a difficult choice. Are any of leasehold owners in arrears of their service charge liability?