My wife and I are soon to complete on the purchase of a property in Neath but as a result of wreckage from the recent storms I have was able negotiate compensation from the current proprietors in the sum of £3k taking the form of a adjustment in the price. This was going to be dealt with as part of a side agreement yet Aldermore are not allowing this. Why were they approached?
Your solicitor being on the Aldermore conveyancing panel is required to inform Aldermore of any variations to the purchase price. If you were to refuse your property lawyer to notify the price change to Aldermore then they would have to discontinue acting for you. In addition, Aldermore and you would have to appoint a new property lawyer for your conveyancing in Neath.
We note that you have a search directory listing solicitors on the Clydesdale conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Neath?
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 Neath.
4 months have gone by since my purchase conveyancing in Neath concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Neath differ for new build properties?
Most buyers of new build premises in Neath approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Neath usually acquire the land, 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 property lawyers 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 Neath or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £305k and found one close by in Neath I like with amenity areas and railway links nearby, the downside is that it's only got 52 years on the lease. I can't really find anything else in Neath suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a home loan the remaining unexpired lease term will be a potential deal breaker. Discount the offer 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 2 years you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
I have just discovered that one of the directors of the conveyancing practice acting on the purchase conveyancing in Neath is an uncle of the owners that we are purchasing from. Is this permitted?
Provided there is no conflict of interest this is permitted. Where you are needing a home loan then the mortgage company may have a say as many mortgage companies have specific instructions concerning this. For example for RBS - Direct Line as of 3/7/2026, the requirements read as follows :