I can't travel far from Pontprennau. Is there a reason why all Pontprennau property lawyers are not on all lender panels?

Even though it may seem unfair for lenders to restrict who can act for them, from the public’s or solicitor’s perspective, the other side of the coin is that lenders are becoming ever more anxious and consider it crucial to protect them against illegal activities. As a result of this concern lenders are limiting their panel of approved conveyancing lawyers to a size that they are happy to control.

Can the conveyancing practitioners indexed on your site conduct right to buy conveyancing in Pontprennau?

We do have a variety of conveyancing practitioners who can handle right to buy transactions Do get in touch with the lawyers listed in order to get a conveyancing quote.

How does conveyancing in Pontprennau differ for new build properties?

Most buyers of new build or newly converted property in Pontprennau contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because developers in Pontprennau tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Pontprennau or who has acted in the same development.

I am looking for a leasehold apartment up to £235,500 and found one close by in Pontprennau I like with amenity areas and railway links in the vicinity, the downside is that it's only got 51 years on the lease. There is not much else in Pontprennau in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?

Should you need a home loan that many years will be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.

What is the reason for new build conveyancing in Pontprennau being more expensive?

Acquiring a new build property is significantly distinct from the normal house buying conveyancing in Pontprennau. For a start sellers ordinarily demand contracts to exchange within a tight deadline, so there is a a great deal of pressure on your lawyer to ensure all is in order. Furthermore new build premises often involve the checking of adoption of highways, drains, planning considerations, building warranties or architects certificates. Lenders requirements are also more demanding. Due to the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.