What is the best way to check that the solicitor conducting my conveyancing in Neath Abbey is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Santander thus paying £175.00 in additional conveyancing charges.
Please do make the most of the search tool on this page. Please choose the mortgage company and type ‘Neath Abbey’ or your preferred area and you will see a number of lawyer located in Neath Abbey or near you.
Forgive me if this question is silly but I am wet behind the ears as FTB of a garden flat in Neath Abbey. Do I pick up the keys to the premises on the completion date from my lawyer? If this is the case, I will instruct a High Street conveyancing solicitor in Neath Abbey?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the purchase money to the vendor’s solicitors, and once they have received this, you will be called to pick up the keys from the selling Agents and move into your new home. Usually this happens early afternoon.
I am the single beneficiary of my late mum's estate and I have everything in my name now, including the house in Neath Abbey. Conveyancing formalities meant that the Land Registry date was in October. I want to move. I understand that there is a CML 6 month 'rule', which means that my property ownership may be treated the same way as if I'd bought the property in October. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. How practical a view lenders take of it, depend on the bank as this provision chiefly exists to capture subsales or the wholesaling and assigning of properties.
The mortgage over my property is with Leeds Building Society for my property in Neath Abbey. Conveyancing was finalised some time ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Leeds Building Society?
Leeds Building Society must be informed of your intention in advance of letting out your property as this is likely to be a breach of Leeds Building Society’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Leeds Building Society directly. It should not be necessary to do this via a Leeds Building Society conveyancing panel firm.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Neath Abbey?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Neath Abbey. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a quick, chain free conveyancing. Neath Abbey is the location of the property. Is there any advice you can impart?
Flying freeholds in Neath Abbey are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Neath Abbey you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Neath Abbey may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I need to find a conveyancing solicitor for my conveyancing in Neath Abbey. I happened to stumble across a site which looks to be the perfect answer If there is a chance to get all the legals completed via web that would be preferable. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Is it true that a Neath Abbey conveyancing practice got sued by a client for not carrying out the right conveyancing investigations?
We are not aware of such a Neath Abbey conveyancing claim but according to a recent report, clients purchasing a home elsewhere in England successfully sued their property lawyer as a consequence of development permission to build a wind farm failing to be picked up in conveyancing searches.
Where you are purchasing in Neath Abbey It is important that your conveyancing practitioner carry out all Neath Abbey conveyancing searches needed to ensure you have relevant and up to date information before purchasing a property.