My wife and I are planning to acquire a flat in Clydach and are in fact using a Clydach conveyancing firm. Within the last couple of days our conveyancer has sent a preliminary report and documents to look through with the expectation that exchange is imminent. Skipton Building Society have this afternoon contacted us to advise us that they have now hit a problem as our Clydach conveyancer is not on their conveyancing panel. Is this a problem?

If you are buying a property with the assistance of a mortgage it is conventional for the purchasers' lawyers to also act for the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel and you may continue to use your own Clydach solicitors, in which case your legal fees may increase, and it will likely delay the transaction as you are adding another lawyer into the mix.

I am buying a garden flat in Clydach. Can I do my own conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Clydach you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Clydach.

I am a sole trader wishing to lease a unit on a shopping parade. Can you recommend lawyers offering competitive charges for non-domestic conveyancing in Clydach for below 1500k?

We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Clydach, including the sale and purchase of businesses as well as simply premises. Whether you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a complete business we can find you the right solicitor. As for the fees these will vary based on the structure and terms of the proposed transaction. Let us have your contact information or call us so that we may supply you with a fixed commercial conveyancing quote.

I am in need of some leasehold conveyancing in Clydach. Before diving in I require certainty as to the number of years remaining on the lease.

Assuming the lease is registered - and almost all are in Clydach - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Clydach Conveyancing for Leasehold Flats - Sample of Questions you should consider before Purchasing

What is the length of the lease? The answer will be useful as a) areas could cause problems for the block as the common areas may begin to deteriorate where services are not paid for b) if the leasehold owners have a dispute with the managing agents you will need to know about it How is the lease structured?

Is there a reason that Clydach conveyancing charges are higher for leasehold and freehold properties?

If acquiring a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control