We were just about to sign contracts for a semi detached house in Swansea East. We encountered a snag. The loan offer with Norwich and Peterborough Building Society runs out on 2/7/2024 but the vendors are putting forward a completion date of 4/7/2024. Is it possible to extend the loan expiry date?
The person best placed to deal with your issue is your conveyancer who should assess whether he or she is corresponding with the mortgage broker, vendor’s solicitors, estate agents or conceivably all parties taking into account the circumstances your transaction as of today.
We note that you have a post code search directory listing law firms on the Clydesdale conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Swansea East?
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 Swansea East.
How do I discover of the solicitor handling my conveyancing in Swansea East is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Aldermore thus paying £175.00 in another set of legal bill.
Please do make use of the search tool on this page. Please choose the mortgage company and type ‘Swansea East’ or your preferred area and you will be presented with a number of lawyer based in Swansea East or near you.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one round the corner in Swansea East I like with amenity areas and railway links nearby, however it only has 61 years on the lease. There is not much else in Swansea East in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a mortgage the shortness of the lease will likely be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.
As co-executor for the estate of my grandmother I am selling a residence in Cardiff but I am based in Swansea East. My lawyer (approximately 250 miles awayneeds me to execute a statutory declaration prior to completion. Could you suggest a conveyancing solicitor in Swansea East who can attest this legal document for me?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will be fine regardless of whether they are located in Swansea East
I am in need of some leasehold conveyancing in Swansea East. Before I get started I would like to find out the remaining lease term.
Assuming the lease is registered - and most are in Swansea East - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Swansea East Leasehold Conveyancing - A selection of Queries Prior to Purchasing
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The answer will be helpful as a) areas may result in problems for the building as the common areas may start to deteriorate where services remain unpaid b) if the leasehold owners have a dispute with the running of the building you will wish to have all the details Who manages the block? It would be sensible to find out as much as possible about the company managing the block as they can either make your living at the property much simpler or uncomfortable. Being a leasehold owner you will be in the clutches of the managing agents from a financial perspective and when it comes to practical matters such as the upkeep of the common parts. You should not be shy to ask prospective neighbours what they think of them. In conclusion, be sure you discover the dates that the service charges are due to the managing agents and precisely how they are spending the funds.