Can you recommend a TSB allowed Swansea conveyancing lawyer that can complete within 10 days? Am I best advised to go for a high street Swansea firm or an online comparison site?
We would be happy to suggest some excellent Swansea conveyancing firms. Another option is to visit the main road in Swansea. Visit some well established firms and request to see a conveyancing solicitor for a quote. Mention your time frames together with the reasons and get a commitment on your deadline. Select the one that you trust.
We are selling our home in Swansea. Will my property lawyer need to be on the Coventry BS conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Coventry BS 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 at the moment.
I'm buying a new build house in Swansea benefiting from help to buy. The builders would not move on the amount so I negotiated five thousand pounds worth of extras instead. The property agent told me not to tell my conveyancer about the extras as it could put at risk my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the input of my in-laws I had a survey completed on a house in Swansea before appointing conveyancers. I have been advised that there is a flying freehold element to the house. The surveyor has said that some banks will refuse to give a loan on a flying freehold home.
It varies from the lender to lender. HSBC has different requirements from Nationwide. If you e-mail us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Swansea. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Swansea to see if the conveyancing costs will increase in light of this.
My partner has encouraged me to instruct his conveyancers in Swansea. Do I take his guidance?
Much as we are happy to recommend a Swansea conveyancing lawyer the ideal way to select a conveyancing lawyer is to seek feedback from friends or family who have actually previously instructed the firm that you are considering.
Being a leasehold owner I am on the hook for a service charge for my ground floor flat in Swansea. Due to losing my job and personal issues I slipped into arrears with payments. I negotiated a payment schedule but there is still a couple of remaining in arrears.
I am under pressure to sell and I am worried this will hold me back if I have to pay off the amount due now. Do I have to settle before - is this practicable?
The property lawyer conducting your Swansea sale should be in a position to negotiate with the management company, and agree with them whether or not they would accept settlement out of the completion monies. Here is indicative of why it is advisable to use a property lawyer in Swansea as they may well enjoy an established relationship with the management company.