I have given 8 weeks notice to my existing landlord and have to vacate my let out property in Port Talbot by 30/6/2026. Conveyancing on my purchase has just started. Can I complete in three weeks as I wish to avoid having to find short term accommodation?
The normal practice is not to provide notice for your letting unless you have exchanged. If you have not already done so, update to your solicitor and request that they cajole the sellers side, try to an acceptable time-line that all parties will look towards
Will conveyancers ask for money up-front for my conveyancing in Port Talbot?
If you are buying a property in Port Talbot your lawyer will request that you to provide them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any deposit is payable against the total price then this will be asked for shortly in advance of contracts are exchanged. The closing balance that is due should be sent to your lawyer a few days ahead of the day of completion.
I have justfound out that Stirling Law have closed. They conducted my conveyancing in Port Talbot for a purchase of a leasehold apartment 18 months ago. How can I be sure that my home is not still registered in the name of the previous owner?
The quickest method to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Port Talbot conveyancing specialists.
I decided to have a survey done on a property in Port Talbot prior to instructing conveyancers. I have been told that there is a flying freehold element to the property. The surveyor advised that some banks tend refuse to grant a mortgage on such a premises.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. If you call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Port Talbot. Conveyancing may be slightly more expensive based on your lender's requirements.
I was recommended by three or four local property agents in Port Talbot to choose a property lawyer on your site. What’s the financial advantage for Estate Agents to promote your services rather than another?
We don’t give any financial incentive for directing people to this site. We thought it would be too underhand a fee because members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
I am tempted by the attractive purchase price for a two flats in Port Talbot which have approximately fifty years left on the lease term. Do I need to be concerned?
There are plenty of short leases in Port Talbot. The lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease gets shorter the value of the lease deteriorates and it becomes more expensive to acquire a lease extension. For this reason it is often a good idea to extend the lease term. More often than not it is difficulties arise selling premises with a short lease because mortgage companies may be unwilling to lend money on such properties. Lease enfranchisement can be a difficult process. We recommend you seek professional help from a conveyancer and surveyor with experience in this field.
Port Talbot Conveyancing for Leasehold Flats - Sample of Questions you should ask before Purchasing
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Does the lease contain onerous restrictions? It would be wise to discover if there are any onerous prohibitions in the lease. For example it is fairly common in Port Talbot leases that pets are not allowed in certain buildings in Port Talbot. If you like the apartmentin Port Talbot but your dog can’t move with you then you have a very hard decision.