My partner and I are buying our first house. Our solicitor has e-mailedto enquire if we wish to take out additional conveyancing searches. We are really unsure what's relevant for conveyancing in Burry Port

The quantity and type of Burry Port conveyancing searches depends entirely on the premises, the location, the possibility of any of these risks, your familiarity of the region and risks, your general approach to risk. What matters is that you adequately comprehend what information the searches could supply. You may then decide if you personally think you need that information. Should you be unsure, ask your conveyancing practitioner to advise.

How does conveyancing in Burry Port differ for new build properties?

Most buyers of new build property in Burry Port approach us having been asked by the developer to sign contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Burry Port tend to 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 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 Burry Port or who has acted in the same development.

I decided to have a survey completed on a property in Burry Port before instructing lawyers. I have been told that there is a flying freehold overhang to the property. Our surveyor has said that some lenders will refuse to give a mortgage on this type of premises.

It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. If you call us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Burry Port. Conveyancing may be slightly more expensive based on your lender's requirements.

I have been advised by a number of property agents in Burry Port to locate a property lawyer on your site. What’s the financial upside for Estate Agents to offer your services over alternative conveyancing organisations?

We don’t offer any commission for sending work to this site. We thought it would be too underhand a fee as home movers will think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.

Can you offer any advice when it comes to appointing a Burry Port conveyancing firm to deal with our lease extension?

If you are instructing a conveyancer for your lease extension (regardless if they are a Burry Port conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you make enquires with several firms including non Burry Port conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be helpful:

How experienced is the firm with lease extension legislation?

Burry Port Leasehold Conveyancing - Sample of Queries before Purchasing

How much is the ground rent and service charge? Who is in charge of the block? Does this lease have more than 82 years unexpired?