A mortgage agreement from HSBC for the refinancing of my 3 room maisonette is expected imminently. Are you able to propose a low cost conveyancing law firm in Glynneath?
You have come to the wrong site to search for a cheap conveyancing solicitors in Glynneath. Our aim is to provide cost effective conveyancing but we do not advertise as being the cheapest. Avoid the trap of appointing brokers offering low cost conveyancing in Glynneath. The optimum result, in going for low cost conveyancing, you will get your money’s worth and at worst you will end up spending a lot in additional fees and still not receive the service expected.
The housing market in Glynneath is heating up. What can I do to accelerate the legal process?
In a situation where the seller is applying a tight deadline to complete we would recommend that your conveyancer is familiar with the location as they will make use of local contacts and know-how. It is possible that they could have conducted otherhouses in the same neighbourhood. Therefore consider using a Glynneath conveyancing solicitor. In addition, make sure that the conveyancing firm is on the on the approved list for your mortgage company. It is estimated that just under twenty per cent of Glynneath conveyancing deals are held up or derailed after finding out that a buyer’s lawyer was not on their banks list of approved solicitors. In many cases this discovery resulted in the conveyancing being frustrated by almost three weeks. It is said that this issue affects approximately one hundred thousand home sales every year. Almost all Glynneath conveyancing practices can not act for certain lenders so do check at the outset.
I have 71 years unexpired on my lease and require a lease extension for my flat in Glynneath. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 2/2/2025 the requirements read as follows :
A friend informed me that in purchasing a property in Glynneath there could be a number of restrictions affecting the ability to carry out external alterations to the property. Is this right?
We are aware of a number of properties in Glynneath which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Glynneath should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
When it comes to mortgage companies such as Clydesdale, do Glynneath solicitors face a yearly amount to be on the conveyancing panel?
We are not aware of any bank fees to register on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
Aldermore have agreed my mortgage in principle, my offer on a house in Glynneath has been accepted, now what?
The property agent will need to know who your solicitors are (ensure that the conveyancing practitioners are on the lender’s approved list). Telephone Aldermore or your financial adviser and finalise any relevant paperwork. Aldermore will instruct a valuer who will get in touch with the estate agent or vendor to book a time for the valuation to occur. Once carried out (assuming no problems) it takes approximately a fortnight to get a mortgage offer. Aldermore will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Glynneath.
Are there restrictive covenants that are commonly picked up during conveyancing in Glynneath?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Glynneath. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’