I am obtaining a offer of a home loan from Nat West. My intention is to employ the services of a Licensed Conveyancer in Port Talbot. Does the Nat West Solicitor panel exclude Licensed Conveyancers?

The Nat West approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.

I purchased my flat on 3 November and my personal details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Port Talbot expressed confidence that it should be concluded in less than a month. Are transfers in Port Talbot uniquely lengthy to register?

As far as conveyancing in Port Talbot is concerned, registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timeframes can adjust according to the party submitting the application, whether there are errors and whether the Land registry must send notices to any interested parties. Currently roughly 80% of submission are fully dealt with in less than three weeks but occasionally there can be longer delays. Historically registration is effected once the buyer has moved in to the property therefore an expedited registration is not usually primary concern yet where there is a degree of urgency associated with the registration then you or your solicitor could contact the land registry and explain the circumstances.

Just had an offer accepted on a new build apartment in Port Talbot. Conveyancing is necessary evil 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.

Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Port Talbot

If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply a car parking plan.

Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Port Talbot is the location of the property. What do you suggest?

Flying freeholds in Port Talbot are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Port Talbot you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Port Talbot may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

Port Talbot Conveyancing for Leasehold Flats - Examples of Questions you should consider Prior to Purchasing

It would be prudent to find out as much as possible concerning the company managing the building as they will either make your life much simpler or uncomfortable. Being a leasehold owner you are often at the mercy of the managing agents from a financial perspective and when it comes to every day issues such as the upkeep of the communal areas. Enquire of other tenants if they are happy with their service. On a final note, investigate as to the dates that you are obliged pay the service charge to the relevant party and precisely how they are spending that money. How long is the Lease? Who is in charge of the block?