Would the conveyancing solicitors listed on your site perform conveyancing in Skewen by way of an attended exchange?

There are a few conveyancing specialists who can conduct personalised exchanges. You should call us to get a costs illustration and details as to availability.

I am buying a terraced house in Skewen. How practical is it for me to do the conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Skewen you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Skewen.

We are planning to move house in December. Should my conveyancing solicitor communicate with the removal company on the completion day. As an aside, can you suggest a removal company in Skewen. Conveyancing lawyer was chosen prior to coming across this page.

On the day of completion you will need to pick up the keys from your property agent but this can only happen once the sellers lawyers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be passed over. After that you can advise the removal men that you are ready to move in. As a matter of policy we do not recommend a particular removal company but can assist you in choosing a conveyancing in Skewen or a firm that specialises in conveyancing in Skewen.

I'm the only recipient of my late father’s estate and I have everything in my name alone, including the my former home in Skewen. Conveyancing formalities meant that the Land Registry date was in October. I want to move. I do know about the CML 6 month 'rule', meaning my proprietorship will be considered the same way as though I had purchased the house in October. Is the property unsalable for six months?

The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. many lenders would take a pragmatic view as this provision chiefly exists to capture subsales or the wholesaling and assigning of property.

I currently have a mortgage with Nottingham for my property in Skewen. Conveyancing has been completed some time ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Nottingham?

You must advise Nottingham prior to renting your property as this is likely to be a breach of Nottingham’s mortgage conditions. It may be that Nottingham will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nottingham directly. You need not do this via a Nottingham conveyancing panel solicitor.

How does conveyancing in Skewen differ for newly converted properties?

Most buyers of new build or newly converted property in Skewen approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is built. This is because new home sellers in Skewen 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 conveyancers 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 Skewen or who has acted in the same development.

I am attracted to a two maisonettes in Skewen which have in the region of fifty years unexpired on the leases. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Skewen. The lease is a legal document that entitles you to use the property for a prescribed time frame. As the lease gets shorter the marketability of the lease decreases and it becomes more expensive to extend the lease. For this reason it is advisable to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease as mortgage lenders may be unwilling to lend money on such properties. Lease enfranchisement can be a protracted process. We advise that you seek professional assistance from a conveyancer and surveyor with experience in this field.

I bought a 1st floor flat in Skewen, conveyancing was carried out April 1995. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Skewen with an extended lease are worth £190,000. The average or mid-range amount of ground rent is £45 levied per year. The lease expires on 21st October 2086

With 62 years unexpired the likely cost is going to span between £17,100 and £19,800 as well as plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.