Do lenders provide you with an approved list of Swanland conveyancing solicitors? How do you know who is on the TSB conveyancing panel?

Swanland conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.

I have been told that property searches are the main cause of stalling in Swanland house deals. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances during the legal transfer of property. Local searches are not likely to feature in any holding up conveyancing in Swanland.

The deeds to my home can not be found. The lawyers who handled the conveyancing in Swanland 5 years ago have long since closed. What are my next steps?

Assuming the title is registered the information relating to your proprietorship will be retained by the Land Registry with a Title Number. It is possible to execute a search at the Land Registry, identify your house and secure current copies of the property title for less than a fiver. Where the property is Leasehold then the Land Registry will usually retain a file duplicate of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.

I have been on the look out for a leasehold apartment up to £195,000 and identified one close by in Swanland I like with amenity areas and transport links in the vicinity, however it's only got 49 years on the lease. I can't really find anything else in Swanland suitable, so just wondered if I would be making a mistake buying a short lease?

If you require a mortgage the shortness of the lease may be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.

Do you have any advice for leasehold conveyancing in Swanland from the point of view of speeding up the sale process?

• A significant proportion of the delay in leasehold conveyancing in Swanland can be avoided if you get in touch lawyers the minute you market your property and request that they start to collate the leasehold documentation which will be required by the buyers’ lawyers.
In the event that you altered the property did you need the Landlord’s consent? Have you, for example installed wooden flooring? Most leases in Swanland state that internal structural alterations or installing wooden flooring necessitate a licence from the Landlord acquiescing to such works. Should you fail to have the approvals to hand you should not contact the landlord without contacting your lawyer in advance. You believe that you know the number of years remaining on your lease but it would be advisable verify this by asking your lawyers. A buyer’s conveyancer will be unlikely to recommend their client to proceed with the purchase of a leasehold property the remaining number of years is below 75 years. It is therefore important at an as soon as possible that you consider whether the lease term requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale. If you have the benefit of shareholding in the Management Company, you should make sure that you are holding the original share certificate. Arranging a re-issued share certificate can be a time consuming formality and slows down many a Swanland home move. If a duplicate share certificate is necessary, you should approach the company officers or managing agents (if relevant) for this as soon as possible.

Leasehold Conveyancing in Swanland - A selection of Queries before buying

Who is in charge of the building? The answer will be helpful as a) areas could result in problems in the block as the communal areas may start to deteriorate if maintenance are not paid for b) if the tenants have an issue with the managing agents you will need to have all the details Best to be warned if changing the roof or some other major work is anticipated that will be shared by the leasehold owners and could well dramatically impact the level of the maintenance charges or result in a specific invoice.