Recently contacted my conveyancing solicitor in Swansea who conducted the legals 18 months ago and wanted a conveyancing costs illustration based on the same type of home move (a leasehold residence and a freehold property) of similar values with a mortgage from Godiva Mortgages Ltd. It looks as though am now being quoted twice the amount. Am I right to be tempted to shop around for an alternative firm of conveyancing solicitor?
The charges seem a bit high. If you you were to look around you could get the conveyancing a bit cheaper by perhaps £125. That being said, providing that you were pleased with the assistance the firm gave you mightcome to rue opting for an a cheaper conveyancer. Don't forget to be sure that the conveyancer can represent Godiva Mortgages Ltd. Do use our search tool to select a Swansea conveyancing firm on the Godiva Mortgages Ltd approved list of lawyers, which can often include conveyancing solicitors in Swansea.
Can you explain why leasehold purchase conveyancing in Swansea is more expensive?
In short, leasehold conveyancing in Swansea and elsewhere usually warrants extra hours of investigation compared to freehold transactions. This includes lease investigation, communicating with the landlord about serving appropriate notices, obtaining up-to-date service charge and management information, obtaining the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different proprietor have owned the lease since it was first granted.
I have been told that property searches are the main cause of delay in Swansea house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of holding up conveyancing in Swansea.
The deeds to my home are lost. The lawyers who handled the conveyancing in Swansea 10 years ago are no longer around. What are my options?
Nowadays there are copies made of almost everything, and your conveyancer will know precisely where to locate all the appropriate paperwork so you can buy or sell your house without any difficulty. If copies are not available, your solicitor may be able to put in place insurance or indemnities against future claims on the property.
In my capacity as executor for the will of my grandfather I am disposing of a property in Monmouth but live in Swansea. My conveyancer (who is 250 kilometers awayrequires that I sign a statutory declaration ahead of completion. Could you suggest a conveyancing practitioner in Swansea who can witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will be fine regardless of whether they are Swansea based
Why am I unable to complete my conveyancing in Swansea on May bank holiday?
Because on completion the funds needs to be transferred electronically between the banks of the purchaser and owner’s property lawyer and at present this can only occur on a working day. It is not possible to complete on a weekend either.