My husband and I are getting closer to an exchange on a house in Skewen and my parents have transferred the ten percent deposit to my solicitor. I am now advised that as the deposit has not arrived from me my property lawyer needs to make a notification to my lender. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the mortgage company regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The property lawyer is legally required to check with lender to make sure that they know that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
We are looking to buy a flat and require a conveyancing solicitor in Skewen who is on the Aldermore conveyancing panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Skewen.
We are purchasing a property in Skewen. I might seem paranoid but how we can trust a conveyancer? At some point we will need to deposit our life savings into their account. What is the protection we have from them run away with our monies?
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.
I am aiming to move home in November. Will my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you put forward a removal company in Skewen. Conveyancing lawyer was chosen prior to coming across this site.
On the afternoon of completion you will need to pick up the house keys from your estate agent however this should only occur after the previous owners lawyers advise the agent that they acknowledge receipt of the completion payment and the keys can be released. Subsequently you will need to inform the removal company that they can start moving you in. As a matter of policy we do not suggest a specific removal company but can assist you in finding a conveyancing in Skewen or a solicitor that specialises in conveyancing in Skewen.
We are purchasing a terrace house in Skewen. Our aim is to carry out an extension to the side at the house.Will the conveyancing process involve enquiries to see if these works are permitted?
Your property lawyer should check the registered title as conveyancing in Skewen can on occasion identify restrictions in the title deeds which prevent categories of alterations or need the consent of a 3rd party. Certain extensions require local authority planning permissions and approval in compliance with building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be wise to check these issues with a surveyor before you commit yourself to a purchase.
My relative suggested that where I am buying in Skewen I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally quoted for as part of the standard Skewen conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Skewen 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 demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data regarding Skewen.
I have been on the look out for a ground for flat up to £245,000 and identified one near me in Skewen I like with amenity areas and railway links nearby, however it only has 51 remaining years left on the lease. There is not much else in Skewen in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a home loan the shortness of the lease may be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
When it comes to my conveyancing in Skewen should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Skewen conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the solicitor's time in submitting the funds this way.