It has been four months following my purchase conveyancing in Baglan concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. 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 Baglan differ for new build properties?
Most buyers of new build premises in Baglan approach us having been asked by the seller to exchange contracts and commit to the purchase even before the property is finished. This is because builders in Baglan tend to 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 conveyancing solicitors 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 used to new build conveyancing in Baglan or who has acted in the same development.
Hoping to buy a property located in Baglan and I am already nervous. I couldn't find anything specific about Baglan. Conveyancing will be needed in due course but do you know about the Baglan area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Baglan. In the meantime here are some basic statistics that we found
Should I instruct a Baglan conveyancing lawyer who is local to the property I am hoping to buy? We have a good friend who can execute the legal work but his firm is located a couple of hundredmiles away.
The benefit of a high street Baglan conveyancing firm is that you can attend the office to execute documents, present your identification documents and apply pressure on them if necessary. They will also have local intelligence which is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and they were happy that must surpass using an unfamiliar Baglan conveyancing lawyer solely due to them being round the corner.
I have been recommended a conveyancing solicitor in Baglan. I need to find out if they are on the bank's approved list of lawyers. Could you assist?
One option is to contact the solicitor to enquire if they are on the bank's approved list. Alternatively please get in touch with us and we can investigate and revert. If they are not on the lender panel we can certainly arrange a quality conveyancing solicitor in Baglan on the approved list for your mortgage company.