I am under pressure from the owner of a property in Penllergaer to exchange within four weeks. What can I do to hasten the buying process?

First, If you are under time constraints to exchange it is advisable to make sure that your conveyancer is familiar with the location as they will make use of local connections and knowledge. It is even conceivable that they may have conducted otherhouses in the same street. You would be best advised to use a Penllergaer conveyancing lawyer. Second, double check that the conveyancing firm is on the on the approved list for your mortgage company. It is believed that 18% of Penllergaer conveyancing transactions are suspended or jeopardised after discovering a purchaser’s solicitor was not on their mortgage lender’s list of approved solicitors. In many cases this discovery resulted in the conveyancing being delayed by as much as 21 days. It is claimed that this issue affects approximately one hundred thousand home moves every year. Most Penllergaer conveyancing firms can not act for certain banks so do check at the outset.

My friend recommended that where I am buying in Penllergaer I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is sometimes included in the estimate for your Penllergaer conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Penllergaer around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful data concerning Penllergaer.

I am looking for a leasehold apartment up to £305k and found one close by in Penllergaer I like with amenity areas and railway links nearby, however it's only got 49 remaining years left on the lease. There is not much else in Penllergaer suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?

If you need a home loan the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this.

What makes your site different to other internet conveyancing brokers when it comes to conveyancing in Penllergaer?

At this site secure a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in Penllergaer. As opposed to estate agents and brokerage sites we do not operate referral arrangements with solicitors. Many agents and online brokers 'recommend' solicitors who pay the most commission, not the best value conveyancing in Penllergaer

I am purchasing a leasehold property in Penllergaer. Conveyancing estimates are averaging around £1800. Is that reasonable?

The average cost in 2014 for conveyancing in Penllergaer was £1,500 not including SDLT and HMLR fees.