I am in the market for a low cost property lawyer. Do I opt for a nationwide conveyancer rather than a high street Neath conveyancing lawyer?
Established third party relationships are another important factor to consider when appointing conveyancing lawyers. Neath conveyancers often have long term relationships with lenders and selling, local authorities, surveyors and other conveyancing firms meaning the whole process is going to be much more straightforward for you. Possessing vast insight into the local area also helps too.
I am being told by my conveyancer that absentee landlord insurance is required on my purchase. What is the level of cover for Neath conveyancing?
The right level of absentee landlord indemnity insurance depends on your lender. It would differ for example between Lloyds TSB Bank and Leeds Building Society. Conveyancing lawyers as opposed to members of the public take out such insurances.
I recently had an offer agreed on a house in Neath. My financial adviser suggested a solicitor. I paid an on account payment of £225. A couple of days later, the property lawyer contacted me sheepishly admitting that they were not on the TSB conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the TSB panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Nationwide have agreed my mortgage in principle, my offer on a flat in Neath has been accepted, what happens next?
Your estate agent will wish to know who your solicitors are (make sure the property lawyers are on the lender’s panel). Contact Nationwide or your financial adviser and finish off any relevant forms. Nationwide will appoint a valuer who will get in touch with the estate agent or seller to arrange an appointment. Once conducted (assuming no problems) it takes on average a week to get a mortgage offer. Nationwide will issue the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Neath.
I decided to have a survey completed on a house in Neath in advance of appointing lawyers. I have been told that there is a flying freehold element to the property. Our surveyor has said that some banks tend not give a mortgage on a flying freehold property.
It varies from the lender to lender. HSBC has different requirements for example to Nationwide. Should you wish to call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Neath. Conveyancing may be slightly more expensive based on your lender's requirements.
Are there any apps to assist me to search for a Neath solicitor on the Barnsley Building Society conveyancing panel? I am a keen cyclist and am happy to travel upto 10kilometers to meet the solicitor.
Feel free to make use of the facility on this website. Please choose the lender and your location and you will see a number of Neath conveyancing lawyers based on proximity. We have listed some Neath conveyancing firms towards the end of this page and you can ring them to check whether they are on the Barnsley Building Society approved list
What advice can you give us when it comes to choosing a Neath conveyancing practice to deal with our lease extension?
If you are instructing a property lawyer for your lease extension (regardless if they are a Neath conveyancing firm) it is essential that they be familiar with the legislation and specialises in this area of work. We advise that you make enquires with two or three firms including non Neath conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be helpful:
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What are the charges for lease extension conveyancing? If the firm is not ALEP accredited then why not?
Neath Conveyancing for Leasehold Flats - Examples of Questions you should consider before Purchasing
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Where a Neath lease has fewer than 80 years it will impact the salability of the property. It is worth checking with your mortgage company that they are willing to lend given the lease term. Leases with fewer than 80 years remaining means that you will almost definitely need a lease extension at some point and you need to have some idea of what this will be. Remember, in most cases you would need to own the property for 24 months before you are legally able to extend the lease. Who is in charge of the block? How much is the annual maintenance fee and ground rent?
What is the reason for new build conveyancing in Neath being more expensive?
Conveyancing in Neath for newly converted or new build premises can sometimes involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as further questions and contractual concerns.