Are the BSA planning on creating a search tool with a view to list practices on the Melton Mowbray Building Society conveyancing panel for instance in Brynmill?

We are not aware of any plans on the part of the BSA to promote such a tool.

I have been told that property searches are the number one cause of obstruction in Brynmill conveyancing transactions. Is that correct?

The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays during the legal transfer of property. Searches are not likely to feature in any slowing down conveyancing in Brynmill.

It has been four months following my purchase conveyancing in Brynmill took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. 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 Brynmill differ for new build properties?

Most buyers of new build residence in Brynmill approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is built. This is because developers in Brynmill usually buy the site, 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 Brynmill or who has acted in the same development.

I am attracted to a two apartments in Brynmill both have approximately 50 years unexpired on the lease term. Will this present a problem?

A lease is a legal document that entitles you to use the premises for a prescribed time frame. As a lease gets shorter the marketability of the lease reduces and results in it becoming more costly to acquire a lease extension. For this reason it is advisable to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage companies may be reluctant to lend money on properties of this type. Lease extension can be a difficult process. We recommend you seek professional assistance from a conveyancer and surveyor with experience in this arena.

Leasehold Conveyancing in Brynmill - Examples of Questions you should consider before buying

Does the lease include onerous restrictions? The best form of lease structure is a share of the freehold. In this scenario the tenants benefit from control and notwithstanding that a managing agent is frequently employed if the building is larger than a house conversion, the managing agent is directed by the tenants. Be sure to enquire if the the lease contains any adverse restrictions in the lease. By way of example some leases prohibit pets being permitted in in a block in Brynmill. If you like the apartmentin Brynmill but your dog is not allowed to make the move with you then you have a very difficult decision.