Do the conveyancing practitioners to be found on your site handle auction conveyancing in Swansea East?
We know of a few niche lawyers we can connect you with those conducting auction conveyancing. Swansea East is just one of hundreds of areas of in which our lawyers have a presence.
I purchased a freehold residence in Swansea East but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Swansea East and has limited impact for conveyancing in Swansea East but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
This question may be naive but I am wet behind the ears as a 1st time buyer of a two bedroom flat in Swansea East. Do I pick up the keys to the premises on completion from my lawyer? If this is the case, I will use a High Street conveyancing solicitor in Swansea East?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s lawyers, and shortly after the monies have arrived, you will be able to receive the keys from the selling Agents and start moving into the property. This tends to happen early afternoon.
A relative informed me that in buying a property in Swansea East there could be various restrictions as to what one can do in terms of external changes to a property. Is this right?
We are aware of anumerous of properties in Swansea East which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Swansea East should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We have a mortgage agreed in principle with Coventry BS. Swansea East conveyancing solicitors are appointed. How long does it take for Coventry BS to issue the offer to the lawyer?
There is no definitive answer here. Have Coventry BS done the valuation? Have you advised Coventry BS as to your lawyers' details and checked that your lawyers are on the Coventry BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I have been told that property searches are the main reason for obstruction in Swansea East conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays in the conveyancing process. Local searches are unlikely to be the root cause of delay in conveyancing in Swansea East.
How do I identify a Swansea East law firm on the Santander conveyancing panel? I have wheels and am happy to travel upto 25miles to meet the lawyer.
Feel free to make use of the facility on this website. Please select a bank and your location and you will see a number of Swansea East conveyancing lawyers located nearest you. We have listed some Swansea East conveyancing firms at the bottom of this page and you can telephone them to see if they are on the Santander panel
I am hoping to put an offer on a small detached house that appears to meet my requirements, at a great price which is making it all the more appealing. I have just been informed that the title is leasehold rather than freehold. I am assuming that there are issues purchasing a leasehold house in Swansea East. Conveyancing advisers have are soon to be appointed. Will my lawyers set out the risks of buying a leasehold house in Swansea East ?
The majority of houses in Swansea East are freehold and not leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. It is clear that you are buying in Swansea East in which case you should be looking for a Swansea East conveyancing solicitor and be sure that they have experience in transacting on leasehold houses. First you will need to check the number of years remaining. As a tenant you will not be at liberty to do whatever you want with the house. The lease comes with conditions for example obtaining the landlord’spermission to conduct alterations. You may also be required to pay a contribution towards the maintenance of the estate where the property is located on an estate. Your solicitor should report to you on the legal implications.
I invested in buying a ground floor flat in Swansea East, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Corresponding flats in Swansea East with a long lease are worth £186,000. The ground rent is £55 invoiced annually. The lease runs out on 21st October 2077
You have 52 years remaining on your lease we estimate the price of your lease extension to be between £29,500 and £34,000 plus costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.