We see that you have a post code search directory identifying law firms on the UBS conveyancing panel. Do companies pay you a commission if I appoint them for our conveyancing in Skewen?
We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Skewen.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Skewen?
Two types of professional can conduct conveyancing in Skewen namely licenced conveyancers or solicitors. The two can administer conveyancing services that required to complete the disposal or acquisition of property. Both are duty bound to perform Skewen conveyancing to the same quality and guidelines so you can be sure that your conveyancing will be properly conducted and that the necessary steps should be accurately taken.
I have a mortgage with HSBC for my property in Skewen. Conveyancing has been completed a year 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 HSBC?
HSBC must be informed of your intention before letting out your property as this is likely to be a breach of HSBC’s mortgage conditions. It may be that HSBC will permit you to let 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 HSBC directly. It should not be necessary to do this via a HSBC conveyancing panel solicitor.
I was told three weeks ago that my mortgage has been agreed to by UBS. Is it usual for UBS to only issue the offer once my solicitor in Skewen is approved on their conveyancing panel? UBS have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for UBS to deal with your lawyer's application to be on the UBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have justbeen informed that Action Conveyancing have been shut down. They conducted my conveyancing in Skewen for a purchase of a freehold house 12 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The quickest way to check if the property is in your name, 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 Skewen conveyancing specialists.
How does conveyancing in Skewen differ for new build properties?
Most buyers of new build residence in Skewen come to us having been asked by the seller to exchange contracts and commit to the purchase even before the property is finished. This is because builders in Skewen typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Skewen or who has acted in the same development.
I am looking for a flat up to £305k and identified one close by in Skewen I like with a park and transport links in the vicinity, the downside is that it's only got 49 years on the lease. I can't really find anything else in Skewen in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a home loan the remaining unexpired lease term will be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
My boyfriend is buying a ground floor flat in Skewen. He has received a fee estimate by the property lawyer connected to the estate agents totaling £1275 . It was eight years ago I sold and bought a house and the bill was £500. Have costs really gone up that much?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for instance Skewen searches, land registry fees, etc)