We are about to sign contracts for a garden flat in Swansea. We encountered a problem. Our mortgage offer with TSB runs out on 16/11/2020 but the sellers are insisting on a completion date of 18/11/2020. Can one prolong the mortgage expiry date?
The best person to address this issue is your conveyancer who will hopefully calculate whether he or she is better off negotiating with the mortgage company, seller’s solicitors, property agents or indeed all three given the history of your house move to date.
My lender has recommended a law firm on their panel based in Swansea but I would rather instruct a conveyancing lawyer in Swansea or nearer to where I live. Are you able to assist?
Not all Swansea conveyancing solicitors are listed all banks conveyancing panel. Use our find an approved solicitor tool to find a Swansea conveyancing conveyancer on the on the lender panel.
Is it the case that all Swansea CQS (Conveyancing Quality Scheme) solicitors are on the Nottingham conveyancing panel?
Some major lenders now utilise the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of firms.
We have agreed to purchase a house in Swansea. One unusual aspect is that the roof has a solar panel. RBS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with RBS your lawyer must follow the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for RBS. The CML Handbook stipulates minimum requirements for solar panel roof-space leases, and conveyancers are required to report to RBS where a lease fails to satisfy these conditions. The conditions relate to the installation of panels on properties nationwide and is not isolated to Swansea.
Planning on purchasing a maisonette in Swansea. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Clydesdale conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Swansea conveyancer is on the Clydesdale conveyancing panel.
I am looking to sell my house. My former conveyancers has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Swansea if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Swansea. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I’m about to sell my ground floor flat in Swansea. Conveyancing lawyers have not yet been instructed, however I have recently received a quarterly maintenance charge invoice – should I leave it to the buyer to sort out?
The sensible thing to do is clear the service charge as normal because all ground rent and maintenance payments should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Leasehold Conveyancing in Swansea - Sample of Questions you should consider before Purchasing
You will want to find out as much as you can regarding the managing agents as they will either make living at the property much simpler or a lot more difficult. Being a leasehold owner you are often in the clutches of the managing agents both financially and when it comes to daily issues such as the tidiness of the communal areas. Don't be shy to ask prospective neighbours if they are happy with them. In conclusion, investigate as to the dates that the service charges are due to the managing agents and specifically what it includes. Does the lease include onerous restrictions? What is the name of the managing agents?