Completed the sale of my flat in Swansea East last April but our buyer keeps calling me to say her solicitor is waiting to hear from mine. What should have happened now that I have sold?
Following your house sale your lawyer should deliver the transfer documentation and all supplemental paperwork to the buyer’s solicitors. If applicable, your solicitor should also confirm that the home loan has been repaid to the buyers conveyancers. There is unlikely to be post completion requirements peculiar conveyancing in Swansea East.
My friend recommended that where I am purchasing in Swansea East I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually quoted for as part of the standard Swansea East conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Swansea East around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Swansea East Education with maps and statistics, Local Amenities and other useful information regarding Swansea East.
I am buying a new build flat in Swansea East. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Swansea East
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what should have been a quick, chain free conveyancing. Swansea East is where the house is located. What do you suggest?
Flying freeholds in Swansea East are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Swansea East you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Swansea East may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I'm converting the mortgage on my current home to a BTL loan with The Royal Bank of Scotland and I will use the ballance of the raised equity towards further property. The location we are interested in is Swansea East. Will your solicitors be able to act for the two mortgage companies and tie in the conveyances?
Do use our search tool on this page to check that the solicitors are approved by both mortgage companies. On the basis that they are your lawyer will be able to connect the two deals but you should have a chat with you solicitor and specify your expectations and needs.
I am purchasing a maisonette mortgage free. I have provided conveyancer with two distinct forms of photographic ID, bank statement, endless utility bills. Now he needs a copy from a probate lawyer stating that the money is legitimate and that it has come from inheritance and not selling fake watches.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Swansea East conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.