I am not well enough to travel far from Skewen. I would like to know the logic why all Skewen conveyancing practitioners aren't included on all lender panels?

Mortgage Companies tend to restrict either the nature or volume of conveyancing practices on their approved list of lawyers. Typical examples of such criteria being that a firm is required to have at least two partners. As well as restricting the structure of firm, some building societies decided to limit the number of conveyancers they permit to represent them. It is worth noting that banks have no accountability for the accuracy of conveyancing provided by any Skewen lawyer on their panel. Increases in mortgage fraud was the key driver in the rationalisation of solicitor panels a few years ago even though there are differing opinions concerning whether solicitors sat at the center of that fraud. Data published by the Land Registry indicates that thousands of law firms only conduct less than three conveyances a year. Those advocating conveyancing panel pruning question why conveyancing firms should have claim to remain on a conveyancing panel when it is evident that property law is not their speciality?

We see that you have a search directory identifying firms on the Clydesdale conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Skewen?

We are a listing service only for law firms wishing to communicate if they are on the Clydesdale conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Skewen.

We are selling our apartment in Skewen. Does the conveyancer have to be on the Principality conveyancing panel in order to deal with redeeming my mortgage?

Ordinarily, even if your lawyer is not on the Principality conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.

I require quick conveyancing in Skewen as I am under pressure to complete within one month. A home loan is not required. Can I escape the need for conveyancing searches to save fees and time?

If.Given you are are a mortgage free purchaser you are at free not to do searches although no conveyancer would suggest that you don't. Drawing on our experience of conveyancing in Skewen the following are examples of issues that can appear and therefore impact the marketability of the property: Enforcement Notices, Outstanding Fees, Outstanding Grants, Road Schemes,...

Expecting to exchange soon on a ground floor flat in Skewen. Conveyancing solicitors inform me that they will have a report out to me tomorrow. What should I be looking out for?

The report on title for your leasehold conveyancing in Skewen should include some of the following:

What you can do if a neighbour is in violation of a provision in their lease? Rent payments - what is due and when is collected, and also know whether this will change in the future The landlord’s rights to access the flat. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Changes to the property Defining your legal entitlements in respect of common areas in the building.For example, does the lease contain a right of way over a path or hallways?

I inherited a leasehold flat in Skewen, conveyancing formalities finalised August 1998. Can you give me give me an indication of the likely cost of a lease extension? Comparable flats in Skewen with a long lease are worth £201,000. The ground rent is £45 per annum. The lease expires on 21st October 2090

With 65 years remaining on your lease we estimate the price of your lease extension to be between £13,300 and £15,400 as well as costs.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.