We were just about to exchange contracts for a semi detached house in Swansea. We have hit a snag. Our loan offer with Halifax expires on 29/5/2025 but the vendors are suggesting a completion date of 2/6/2025. Can one extend the mortgage expiry date?
The person best placed to address this concern is your lawyer who will hopefully calculate whether they better off negotiating with the mortgage broker, owner’s solicitors, property agents or conceivably all parties based on what has gone on in your transaction as of today.
How up to date is your database of Swansea solicitors on the Kent Reliance conveyancing panel? Do Kent Reliance send you an updated list?
Swansea conveyancing firms themselves provide us confirmation that they are on the Kent Reliance conveyancing panel as opposed to being supplied with a list from Kent Reliance directly.
Do commercial conveyancing searches reveal impending roadworks that could impact a commercial land in Swansea?
Many commercial conveyancing solicitors in Swansea will conduct a SiteSolutions Highways report as it reduces the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Swansea. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Swansea.
For each commercial conveyancing transaction in Swansea it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could cause delays to Swansea commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Swansea.
I am looking for a flat up to £245,000 and found one near me in Swansea I like with a park and railway links nearby, however it's only got 49 remaining years left on the lease. There is not much else in Swansea suitable, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a home loan that many years will be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
What does commercial conveyancing in Swansea cover?
Non domestic conveyancing in Swansea covers a broad array of advice, supplied by regulated solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
I need to find a conveyancing solicitor for sale conveyancing in Swansea. I happened to discover a site which looks to be the perfect solution If it is possible to get all this stuff completed via web that would be ideal. Do I need to be wary? What should out be looking out for?
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?