My mortgage broker requires my Barry Island lawyer’ panel reference for the Nationwide conveyancing panel. Can you suggest how I find this out. I have contacted my local Barry Island office but they cant find it on their system.

Have you tried speaking to your Barry Island conveyancer about this?. They keep a central record lender panel numbers.

The deeds to my home can not be found. The solicitors who did the conveyancing in Barry Island 5 years ago have long since closed. What do I do?

Nowadays there are duplicates made of almost everything, and your conveyancer will know exactly where to look for all the relevant documentation so you may purchase or dispose of your property without any difficulty. If duplicates can’t be located, your conveyancer may be able to put in place insurance or indemnities protecting you against possible claims on your property.

How does conveyancing in Barry Island differ for newly converted properties?

Most buyers of new build residence in Barry Island come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is finished. This is because developers in Barry Island typically buy 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 conveyancers 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 Barry Island or who has acted in the same development.

My partner has suggested that I appoint his conveyancers in Barry Island. Do I follow his recommendation?

Much as we are happy to recommend a Barry Island conveyancing lawyer the ideal way to find a conveyancing lawyer is to get referrals from friends or family who have used the conveyancer you're are thinking of instructing.

I own a leasehold flat in Barry Island. Conveyancing was finished in last year. I have read on a number of advice forums that I mustn’t allow the lease length fall too short. Is this right?

Barry Island leasehold properties are for a fixed term - often just under one hundred years when they started. However a significant appartments in Barry Island were constructed or converted in the 60’s and so such leases now have under eighty years remaining. This may seem like a long time however Banks, Building Societies and other mortgage lenders generally require leases to have a minimum of seventy five years left to be mortgageable. Accordingly when you come to sell the property you will need to extend the term of your lease if you are nearing seventy five years. To enhance your property value you should be considering whether to extend your lease long before you come to sell it. There are also advantages to doing so before the lease reaches even eighty years as when the lease falls below 80 years the premium you have to pay to extend starts to escalate.