My partner’s sister is a conveyancing practitioner. I am hopeful that I can be offered friends and family pricing for conveyancing, However if that does not come materialise, what kind of figure would I typically be looking at for conveyancing in Sketty?
Do compare pricing. Make use of our comparison tool on this page. The fees may vary but the service one can expect are distinct between law firms as is true with most professions.
We are purchasing a property and need a conveyancing solicitor in Sketty who is on the Skipton conveyancing panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Skipton . We don't recommend any particular firms conducting conveyancing in Sketty.
My grandfather passed away six months ago and as sole heir and executor I was left the house in Sketty. The house had a small mortgage left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Bank of Ireland, pay off the mortgage. Is this allowed?
Where you plan to refinance then Bank of Ireland will require that you use a conveyancer on the Bank of Ireland conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Bank of Ireland conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Bank of Ireland mortgage is registered as a charge at the Land Registry.
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Sketty?
There are many recorded licenced Conveyancers in Sketty and Solicitor firms in Sketty to choose from It is important to make clear that the two are regulated professionals specialising in the legal work in the home buying process. The two can handle other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
When it comes to mortgage companies such as Nationwide, do Sketty lawyers incur an annual charge to be on the list of approved solicitors?
We are unaware of any lender fees to be on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
We expect to receive a OIP from Clydesdale this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Clydesdale recommend any Sketty solicitors on the Clydesdale conveyancing panel, or is it better to go independently?
You will need to appoint Sketty solicitors independently although you'll need to choose one on the Clydesdale conveyancing panel. The solicitor represents both you and Clydesdale through the process.
My husband and I are novice buyers - agreed a price, but the estate agent informed us that the seller will only proceed if we instruct their preferred solicitors as they want a ‘quick sale’. We would rather use a local conveyancer who is accustomed to conveyancing in Sketty
It is improbable the vendors are driving this. Should the seller require ‘a quick sale', turning down a genuine purchaser is is going to put the whole deal at risk. Avoid the agents and go straight to the sellers and explain that (a)you are motivated purchasers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you will continue to use your own,trusted Sketty conveyancing lawyers - not the ones that will provide the negotiator at the agency a commission or meet his conveyancing targets demanded by head office.
I am employed by a busy estate agency in Sketty where we have experienced a number of leasehold sales derailed due to short leases. I have been given contradictory information from local Sketty conveyancing solicitors. Could you shed some light as to whether the vendor of a flat can commence the lease extension formalities for the buyer?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I invested in buying a 1st floor flat in Sketty, conveyancing was carried out 3 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Sketty with an extended lease are worth £260,000. The ground rent is £45 invoiced every year. The lease expires on 21st October 2099
With only 74 years remaining on your lease the likely cost is going to be between £8,600 and £9,800 plus costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.