I plan on acquiring a leasehold flat in Burry Port. My lawyer has never been on on the lender solicitor panel. Am I still permitted to use my Burry Port conveyancing solicitor even though they are not on the lender panel of approved conveyancing solicitors?

Various options include

• Carry on with your chosen Burry Port solicitor but your lender will need to appoint a conveyancer on their approved list. The net result is additional cost and likely frustration.
• Choose a new conveyancing practitioner to act in the purchase, obviously checking they are on the lender conveyancing panel.
• Convince your conveyancer to pull out all the stops to join the mortgage company panel of solicitors

We are purchasing a new build duplex in Burry Port and my lawyer is informing me that she has to the lender to disclose incentives from the seller. I am nearing the developer’s deadline to sign contracts and I have no desire to delay deal. Is my lawyer right?

You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

About to purchase a new build apartment in Burry Port. Conveyancing is daunting 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 few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Burry Port

Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants.

I am looking for a flat up to £235,500 and found one round the corner in Burry Port I like with amenity areas and transport links in the vicinity, the downside is that it's only got 61 years on the lease. I can't really find anything else in Burry Port suitable, so just wondered if I would be making a mistake buying a short lease?

Should you require a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises 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 speak to your conveyancing solicitor regarding this.

What does commercial conveyancing in Burry Port cover?

Burry Port conveyancing for business premises incorporates a wide array of advice, provided by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.