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Recently asked questions about conveyancing in Mumbles

Recently contacted my conveyancing solicitor in Mumbles who acted for me 18 months ago requesting a conveyancing quote based on an identical type of house move (a leasehold premises and a freehold property) of almost identical values with a mortgage from HSBC Bank. I am now being quoted double. Stick with what I know or do I try and find a cheaper online property lawyer?

The estimate does seem a tad on the high side. Where you are prepared to invest time scrutinising charges you could shave off some of the cost by perhaps £125. On the other hand, assuming were pleased with the service the firm provided you mightlive to regret choosing an an unknown lawyer. Don't forget to check the solicitor can represent HSBC Bank. Do make use of our search tool to locate a Mumbles conveyancing firm on the HSBC Bank member panel, which can often include conveyancing solicitors in Mumbles.

I own a freehold premises in Mumbles yet charged rent, why is this and what is this?

It is rare for properties in Mumbles and has limited impact for conveyancing in Mumbles but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.

Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.

I used Arc property Solicitors a few years ago for my conveyancing in Mumbles. I now require my papers however the law firm has closed. What do I do?

Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Mumbles of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Just had an offer accepted on a new build apartment in Mumbles. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Mumbles

    The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision.

My business partner and I are looking to lease a unit on the high street. Can you recommend conveyancers offering fixed fees for commercial conveyancing in Mumbles for less than £2000?

We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Mumbles, including the sale and purchase of businesses as well as simply property. Whether you are intending to purchase or dispose of a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right lawyer. Regarding the fees these will vary based on the structure and complexity of the deal. Let us have your details or telephone so as to enable us to provide you with a detailed commercial conveyancing calculation.

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Find out more about how flying freehold can affect your the value of a property.