I am about to exchange buying a property in Saundersfoot but as a consequence of damage from the recent storms I have was able negotiate reparation from the vendor in the sum of £3k in the form of a adjustment in the price. I had intended this to be addressed as part of a side agreement however Skipton are not allowing this. Why were they notified?

Any conveyancer that is on the Skipton approved list is required to disclose to Skipton of any changes to the purchase price. If you prohibit your property lawyer to disclose the price change to Skipton then they would have to discontinue acting for you. In addition, Skipton and you would have to appoint a new conveyancing practitioner for your conveyancing in Saundersfoot.

My relative suggested that where I am purchasing in Saundersfoot I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is occasionally quoted for as part of the standard Saundersfoot conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about Saundersfoot around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data regarding Saundersfoot.

How does conveyancing in Saundersfoot differ for newly converted properties?

Most buyers of new build premises in Saundersfoot come to us having been asked by the seller to sign contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Saundersfoot typically purchase 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 accustomed to new build conveyancing in Saundersfoot or who has acted in the same development.

What does commercial conveyancing in Saundersfoot cover?

Commercial conveyancing in Saundersfoot incorporates a wide array of advice, provided by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.

My wife and I purchased a leasehold house in Saundersfoot. Conveyancing and Lloyds TSB Bank mortgage organised. A letter has just been received from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Saundersfoot who previously acted has now retired. Any advice?

First make enquiries of the Land Registry to make sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Saundersfoot conveyancing practitioner to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Saundersfoot Conveyancing for Leasehold Flats - Sample of Queries before buying

Where a Saundersfoot lease has no more than 80 years it will affect the marketability of the apartment. Check with your lender that they are content with residual term of the lease. A short lease means that you will almost definitely have to extend the lease sooner rather than later and you need to have some idea of what this will be. Remember, in most cases you would be required to have been the owner of the property for 24 months before you are entitled to exercise a lease extension. It would be prudent to discover as much as possible about the managing agents as they will affect your use and enjoyment of the property. As the proprietor of a leasehold property you are frequently in the clutches of the managing agents from a financial perspective and when it comes to practical issues like the upkeep of the communal areas. Ask prospective neighbours what they think of them. On a final note, find out the dates that the maintenance fees are due to the relevant party and precisely what you get for your money. Are any of leasehold owners in arrears of their service charge payments?