How does conveyancing in Dunvant differ for new build properties?
Most buyers of new build or newly converted property in Dunvant come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is completed. This is because developers in Dunvant tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Dunvant or who has acted in the same development.
I am looking for a leasehold apartment up to £235,500 and identified one close by in Dunvant I like with amenity areas and station in the vicinity, however it only has 51 years unexpired on the lease. There is not much else in Dunvant suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a mortgage that many years will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
I'm converting the mortgage on my existing property to a buy to let mortgage with Platform Home Loans Ltd and intend to use the remaining equity towards another house. The neighborhood we are interested in is Dunvant. Will your conveyancers be able to act for the two lenders and tie in the conveyances?
Make use of our search tool on this site to be sure that the conveyancers are approved by both mortgage companies. Assuming that they are the conveyancer will be able to connect the two conveyancing matters but you should talk with you solicitor and make clear your expectations and needs.
My husband and I are FTB’s - agreed a price, but the agent advised that the seller will only issue a contract if we appoint their preferred solicitors as they need an ‘expedited deal’. We would rather use a high street solicitor with experience of conveyancing in Dunvant
It is highly unlikely the vendors are driving this. Should the vendor desire ‘a quick sale', turning down a serious purchaser is not the way to achieve this. Contact the owners directly and make the point that (a)you are genuine purchasers (b)you are ready to go, with finances in place © you do not need to sell (d) you wish to move quickly (e)however you will continue to appoint your preferred Dunvant conveyancing lawyers - not the ones that will provide their estate agent a introducer fee or achieve conveyancing thresholds set by HQ.
Living abroad it is not practicable to attend my Dunvant conveyancing lawyers office to execute documents connected to my conveyancing in Dunvant – is this a problem?
You need not be concerned. Dunvant conveyancing solicitors can conduct conveyancing transactions for clients who are based anywhere. It is not necessary for you to be able to attend a Dunvant conveyancers office. Almost all property lawyer can undertake all communications via phone, post and email - whatever works for you.