Me and my partner are acquiring a ground floor flat in Port Talbot. My Conveyancer has never been on on the mortgage company conveyancing list. Is it possible for me to retain my Port Talbot conveyancing solicitor notwithstanding that they are excluded from the mortgage company approved list?

One must have a to deal with the legal work required if you require a mortgage to buy your home. They will carry out all the relevant due diligence on the property, make sure that you will be registered as proprietor and ensure that all the necessary mortgage documentation is in place. You can appoint a Port Talbot of your choice. However, where the appointed is not a member of the mortgage company conveyancing panel further fees will be levied as separate legal representation will be need by the lender. Conveyancing panel applications may be submitted, so provided your lawyer has not historically sought membership they can do so.

I purchased a freehold residence in Port Talbot but nevertheless invoiced for rent, why is this and what is this?

It is rare for properties in Port Talbot and has limited impact for conveyancing in Port Talbot but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.

Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

Just bought a semi-detached house in Port Talbot , how long will it take for the Land Registry to register my title? My Port Talbot conveyancing solicitor works at snail pace, so I want to be certain that my purchase is registered.

There is nothing unique about conveyancing in Port Talbot registration formalities. As opposed to being determined by geographic area, timeframes can vary depending on who lodges the application, whether it is in order and if the Land registry communicate with any third persons or bodies. Currently approximately 80% of submission are fully dealt with in less than three weeks but some can be subject to extensive delays. Registration occurs after the purchaser has moved in to the property therefore 'speed' is not usually top priority but if there is a degree of urgency associated with the registration then you or your lawyers must speak with the land registry and explain the circumstances.

I have been on the look out for a leasehold apartment up to £195,000 and found one round the corner in Port Talbot I like with amenity areas and station in the vicinity, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Port Talbot for this price, so just wondered if I would be making a grave error buying a lease with such few years left?

If you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this.

I require the services of a bank panel solicitor in Port Talbot. Could you help me?

Unfortunately it’s not apparent why you need a Port Talbot panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the lender to find out which solicitors in Port Talbot are on their panel . If you do find such a firm in Port Talbot not listed please direct them to our site to list. After all the cost is only one £1 a month