Do the conveyancing practitioners indexed on your site carry out right to buy conveyancing in Glynneath?
We work with numerous conveyancing practitioners who can handle right to buy conveyancing You should contact the conveyancers listed in order to obtain a costs illustration.
I am the registered owner of a freehold property in Glynneath yet charged rent, why is this and what is this?
It is rare for properties in Glynneath and has limited impact for conveyancing in Glynneath 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 establishment of fresh rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
2 months have elapsed since my purchase conveyancing in Glynneath concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Glynneath differ for newly converted properties?
Most buyers of new build premises in Glynneath come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is built. This is because developers in Glynneath usually purchase the real estate, 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 Glynneath or who has acted in the same development.
At what stage do I incur stamp duty due for my Glynneath flat purchase?
Your lawyer should fill out a stamp duty return on your behalf during your Glynneath conveyancing transaction for signature. On completion your lawyer will submit your STL application to the Tax Authorities and - as long as they have the funds - pay any land tax due for you.