My friend's sister is a conveyancer. I suspect that I'll be able to get friends and family rates for conveyancing, but if not, what level of figure should I be paying for conveyancing in Port Talbot?
You should contrast pricing. Make use of our comparison tool on this page. The fees may contrast greatly but the service one can expect differ between solicitors as is true with the vast majority of professional services.
Having sold my house in Port Talbot last July but our buyer keeps whats apping daily to moan that his conveyancer is waiting to hear from mine. What should my lawyer have done following completion?
Following your disposal your lawyer is committed to deliver the transfer documentation and all of the paperwork to the buyer’s conveyancer. If applicable, your solicitor should also evidence that the legal charge in favour of the lender has been paid off to the buyers conveyancers. There are no post completion steps specific conveyancing in Port Talbot.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one near me in Port Talbot I like with amenity areas and station in the vicinity, however it's only got 52 years unexpired on the lease. I can't really find anything else in Port Talbot suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a mortgage that many years will likely be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
Should I be wary by 3rd parties that I am dealing with are recommending a web based conveyancing firm rather than a local Port Talbot conveyancing company?
As with many professional services, often referrals from connections can be very helpful. Yet there are lots of players in a conveyancing matter; estate agents, financial adviser and lenders may put forward conveyancers to retain. On occasion the solicitors might be known to one of the organisations as being good in their field, but occasionally there may be a commercial relationship behind the endorsement. You have the right to appoint your own lawyer. However, bear in mind that many lenders specify a panel list of conveyancers you must use for the mortgage related work in your transaction.
I’m about to sell my 2 bed apartment in Port Talbot. Conveyancing lawyers have not yet been instructed, but I have just had a half-yearly maintenance charge demand – what should I do?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as usual given that all ground rent and service payments will be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I bought a split level flat in Port Talbot, conveyancing formalities finalised June 1999. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Port Talbot with a long lease are worth £265,000. The ground rent is £50 invoiced annually. The lease runs out on 21st October 2100
With 75 years unexpired the likely cost is going to span between £8,600 and £9,800 plus costs.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.
I'm selling a flat in Port Talbot. I have found my conveyancer's company on the Law Society's list, but I can't locate my lawyer's name on the list. Should I be concerned?
Not all staff in the law firm must be listed by the regulator. Provided there is a manager qualified to 'oversee' the transaction, the actual day-to-day activity can be undertaken by unlicensed staff.