When can the exchange of contracts take place for sale conveyancing in St Athan and do I need to be at the lawyers branch?

Where you are near to our conveyancing solicitors in St Athan you are invited in to sign contracts. That being said, the law practices we recommend supply a nationwide conveyancing service and provide as equally comprehensive and professional a job for you when dealing with you by post or email. The executing of the contract is not the point of no return. Signing on the dotted line simply enables the solicitor to officially exchange at the appropriate time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in St Athan)to be in the office available at the end of the phone to exchange contracts.

I happen to be the only recipient of my late mum's will and I have everything in my name alone, including the my former home in St Athan. Conveyancing formalities meant that the Land Registry date was in November. I want to move. I understand that there is a Mortgage Lenders six month 'rule', meaning my proprietorship will be considered the same way as though I had purchased the house in November. Will no one buy the property for half a year?

The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. Some mortgage companies would take a pragmatic view as this requirement is primarily there to capture subsales or the flipping of property.

Is it the case that all St Athan solicitor firms on the Skipton conveyancing panel are overseen by the SRA?

As solicitors, in order to be on the Skipton conveyancing panel they would need to be overseen by the SRA. Some lenders do allow licenced conveyancers on their panel and in such a situation the practice would be regulated by the CLC.

Completion of my purchase has taken place for my property in St Athan. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?

Most banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.

A relative suggested that if I am purchasing in St Athan 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 sometimes included in the estimate for your St Athan conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about St Athan around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the St Athan Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, St Athan Education with plans and statistics, Local Amenities and other useful data about St Athan.

Are there restrictive covenants that are commonly picked up as part of conveyancing in St Athan?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in St Athan. 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 am hoping to complete next month on a basement flat in St Athan. Conveyancing lawyers inform me that they will have a report out to me on Monday. What should I be looking out for?

Your report on title for your leasehold conveyancing in St Athan should include some of the following:

Where does the liability rest to repair and maintain the block. It is essential that you know who is responsible the repair and maintenance of every part of the building What remedies are open the freeholder should you breach a clause of your lease? Rent payments - what is payable and what the invoice dates are, and be on notice if this is subject to change Does the lease prevent you from renting out the flat, or having a home office for business

Leasehold Conveyancing in St Athan - Examples of Questions you should consider before buying

Make sure you enquire if there are any onerous restrictions in the lease. For instance it is fairly common in St Athan leases that pets are not permitted in in a block in St Athan. If you love the flatin St Athan yet your cat can’t make the move with you then you will be presented with a hard choice. What is the length of the lease? The best form of lease arrangement is a share of the freehold. In this situation the lessees enjoy being in charge if their destiny and although a managing agent is usually employed if it is bigger than a house conversion, the managing agent employed by the leaseholders.