It is 10 years ago since I bought my house in Neath Abbey. Conveyancing solicitors have now been appointed on the sale but I can't track down my title documents. Is this a problem?
You need not be too concerned. First there is a possibility that the deeds will be with the mortgage company or they may be in the possession of the solicitor who handled the purchase. Secondly in most cases the title will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors procuring current official copies of the land registers. The vast majority of conveyancing in Neath Abbey relates to registered property but in the rare situation where your home is not registered it adds to the complexity but is resolvable.
My flat in Neath Abbey is up for sale and I have a buyer. Does the property lawyer need to be on the HSBC conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the HSBC conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.
There is lots of here concerning conveyancing in Neath Abbey but what is your top tip for appointing the right conveyancer in Neath Abbey
Do not opt for the lowest Neath Abbey conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I am helping my mother sell her house in Neath Abbey. Will the solicitor arrange the energy performance certificate or it is for me to see to?
After the abolition of Home Packs, energy performance certificates was maintained a mandatory element of moving house. An EPC must be to hand prior to the property being put on the market. It is not something that lawyers normally arrange. Where you are instructing a Neath Abbey conveyancing solicitor they may be able to arrange energy assessments given their relationships with long established local providers
My bid for a property was accepted at auction in Neath Abbey. Conveyancing is needed. What is next?
Given that you have now legally committed yourself to purchase you must find a conveyancing solicitor as a matter of priority as you will have a pending deadline in which to complete the purchase. Every auction property will ordinarily have an associated auction pack. This will include the copy title deeds, local authority and drainage searches. If you have purchased leasehold property the legal papers should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to leasehold premises. You need to pass this on to your appointed conveyancing solicitor ASAP. You also need to ensure that that you have the requisite funding organised to complete on the on the contractual date .
How difficult is it to transfer to a new solicitor as I have to retain one who is on the Virgin Money conveyancing list. I had appointed a family conveyancing solicitor in Neath Abbey round the corner but he is not accepted by Virgin Money
It would be our pleasure to assist you select a conveyancing solicitor in Neath Abbey on the Virgin Money panel. Please note that the law firms that we list do not pay us a referral fee if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Neath Abbey. In making use of search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Neath Abbey.
Due to sign contracts shortly on a studio apartment in Neath Abbey. Conveyancing solicitors have said that they report fully tomorrow. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Neath Abbey should include some of the following:
-
How long the lease is. You should receive guidance as what happens when the lease ends, and aware of the importance of the 80 year mark Whether your lease has a provision for a slush fund? Are pets allowed in the flat? What remedies are open the freeholder should you breach a clause of your lease? Responsibility to repair and maintain the main walls and foundations. It is essential for you to know who is liable for the repair and maintenance of every part of the building
I acquired a split level flat in Neath Abbey, conveyancing formalities finalised February 2007. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding properties in Neath Abbey with an extended lease are worth £260,000. The average or mid-range amount of ground rent is £50 yearly. The lease ceases on 21st October 2099
With just 75 years unexpired the likely cost is going to range between £8,600 and £9,800 as well as costs.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.
Can a conveyancer remove a person from the title of my property in Neath Abbey ?
Subtracting or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a solicitor to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a lawyer