Can your site be used to recommend a Conveyancing solicitor in Neath even where I’m not purchasing or selling a house, for example if I wish to acquire an office in Neath with a loan from National Westminster Bank?
Our comparison service is mainly used to help choose domestic conveyancing solicitors in Neath but we have recorded at the end of this page a few Neath commercial conveyancing firms. You should make contact with the firm directly to check if they are also authorised to represent National Westminster Bank
My aunt passed away six months ago and as sole heir and executor I was left the house in Neath. The house had a relatively small loan left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Co-operative, pay off the mortgage. Is this possible?
If you intend to re-mortgage then Co-operative will insist on your using a conveyancer on the Co-operative conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Co-operative conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Co-operative mortgage is registered as a charge at the Land Registry.
I am being advised by my solicitor that lack of building regulations insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Neath?
The right level of lack of building regulations indemnity insurance depends on your lender. It would differ for example between Yorkshire Building Society and Skipton Building Society. Conveyancing solicitors as opposed to members of the public take out such insurances.
We expect to receive a DIP from RBS this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do RBS recommend any Neath solicitors on the RBS conveyancing panel, or is it better to go independently?
You will need to appoint Neath solicitors independently although you'll need to choose one on the RBS conveyancing panel. The solicitor represents both you and RBS through the process.
I have decided to exercise my right to buy my property in Neath off the council. 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 have justfound out that Stirling Law have been shut down. They conducted my conveyancing in Neath for a purchase of a leasehold apartment 18 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The easiest way to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Neath conveyancing specialists.
I'm purchasing my first flat in Neath with a mortgage from Norwich and Peterborough Building Society. The sellers refused to budge the amount so I negotiated 6k of extras instead. The property agent advised me not to tell my solicitor about this deal as it will put at risk my loan with Norwich and Peterborough Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
I today plan to offer on a house that seems to tick a lot of boxes, at a great price which is making it all the more appealing. I have since discovered that the title is leasehold as opposed to freehold. I am assuming that there are issues purchasing a house with a leasehold title in Neath. Conveyancing lawyers have not yet been instructed. Will they explain the issues?
The majority of houses in Neath are freehold rather than leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in Neath so you should seriously consider looking for a Neath conveyancing solicitor and check that they are used to dealing with leasehold houses. First you will need to check the number of years remaining. Being a tenant you will not be at liberty to do whatever you want with the house. The lease comes with conditions for example requiring the landlord’spermission to carry out alterations. You may also be required to pay a service charge towards the maintenance of the estate where the property is located on an estate. Your lawyer will advise you fully on all the issues.