The solicitor who dealt with my previous purchase has quoted £1700 for leasehold conveyancing in Margam. I am hoping to downsize from a modern house for £175,000. This sounds too much. Is it in excess of what I should be paying for conveyancing in Margam?
The charges are a tad high. If you shop around you might trim some of the expense by as much as £100 plus VAT. On the other hand, you couldlive to regret choosing an an untested conveyancer. Don't forget to enquire the firm can represent your mortgage company. Do use our search tool to select a Margam conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Margam.
We are purchasing a flat in Margam. It might be a silly question but how we can trust a solicitor? On the day of competition we have to send money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We are planning to move house in January. Will my conveyancing solicitor communicate with the removal company on the completion day. On a separate note, can you recommend a removal company in Margam. Conveyancing lawyer was found before I stumbled across this page.
On the day of completion you will need to collect the keys from the selling agent however this should only occur when the previous owners solicitors advise the agent that they have the completion monies and the keys can be given over. Subsequently you can inform the removal company that they can start moving you in. We are not in a position to suggest a specific removal organisation but can help you find a residential property solicitor in Margam or a legal practice with expertise in conveyancing in Margam.
I have paid off my mortgage with Barclays. I assume I don't need a Margam conveyancer on the Barclays panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Barclays mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Barclays mortgage from the register. Barclays, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Barclays has sent the Land Registry the discharge electronically, and
- Barclays has instructed the Land Registry to do so
My relative advised me that where I am buying in Margam I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally included in the estimate for your Margam conveyancing searches. It is not a small report of about 40 pages, listing and detailing important information about Margam 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 Property Price, Crime statistics, Margam Education with plans and statistics, Local Amenities and other useful data regarding Margam.
Are there restrictive covenants that are commonly picked up during conveyancing in Margam?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Margam. 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…’
I opted to have a survey carried out on a house in Margam before retaining conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some lenders may refuse to grant a loan on such a home.
It depends who your proposed lender is. Santander has different requirements from Halifax. If you e-mail us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Margam. Conveyancing may be slightly more expensive based on your lender's requirements.