Conveyancing in Abertillery
Conveyancing is the legal process involved when ownership of a property is transferred from the seller to the buyer. If you're looking for a conveyancing solicitor in Abertillery, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have helped Abertillery and Blaenau Gwent clients with buying, selling, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Buying property in Abertillery
Abertillery in Blaenau Gwent has a population of approximately 11,500. Situated within the beautiful scenery of the Afan Valley in Wales, Abertillery is renowned for its rich coal mining history. It offers a mix of cultural heritage and stunning natural landscapes.
Council Tax in Abertillery (2023/24)
Abertillery is in Blaenau Gwent County Borough.
Band | Amount |
---|---|
A | £1,454.56 |
B | £1,696.98 |
C | £1,939.41 |
D | £2,181.84 |
E | £2,666.69 |
F | £3,151.55 |
G | £3,636.40 |
H | £4,363.68 |
I | £5,090.96 |
What do conveyancing solicitors do?
A conveyancer plays a pivotal role in a purchase. They will raise questions for the seller's solicitor, order searches, review the lease (if applicable) and complete any post-sale actions, such as registering the property ownership with the Land Registry and paying Land Transaction Tax.
Further to the standard checks and searches, Abertillery conveyancing solicitors would also undertake coal mining searches due to the area's history of coal mining.
Purchasing a home with a mortgage?
During the process of buying a house, your solicitor also has to take care of legal matters for the mortgage lender. If your conveyancer isn't accepted on your mortgage provider's panel, it may take many weeks longer to complete the purchase.
We work with conveyancers who can represent the vast majority of banks and building societies, such as HSBC, Lendinvest and Skipton Building Society - helping to ensure your transaction completes faster.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
Leasehold property
Purchasing a leasehold house or flat can be very involved. The numerous common problems awaiting the unsuspecting purchaser can include legally technical issues like undisclosed major works and unreasonable lease extension premiums.
A leasehold solicitor will look into all potential issues with the lease and report back to you.
Read more:
What you need to know about buying a leasehold property
Should I be wary of buying a leasehold house?
Should I buy a property with a short lease?
Selling property in Abertillery
When you begin the process to sell an Abertillery property, your conveyancing solicitor will first prepare vital paperwork, including the draft contract and the TA6 and TA10 property information forms, and will help you answer these forms.
The solicitor will handle questions from the buyer's side and sort out potential snags.Your lawyer will work with both sides, like estate agents, landlords and lenders, confirming that the home move is completed without incident.
I am selling a leasehold property in Abertillery - what do I need to know?
The conveyancing process for a leasehold flat or house is much more complicated than it is for a freehold home.
The complexities of leasehold mean conveyancing solicitors in Abertillery will usually undertake additional work, including obtaining the latest service charge and ground rent statement, through to looking into potential forfeiture proceedings.
To reduce leasehold-related delays, It is strongly advised that the seller instruct a conveyancer as soon as the decision is made to sell.
Conveyancing for selling a property
Remortgage conveyancing in Abertillery
The Bank of England's current base rate is 5.25% (7 December, 2024)
You should always check your conveyancing solicitor's lender panel status before you instruct.
Quittance panel solicitors can act for over 100 building societies and banks, so whether you are changing to a 5-year fixed rate with Nationwide or taking out a home reversion mortgage from Buckinghamshire Building Society, we can help you.
Read more:
Check our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transfer of equity in Abertillery
Whether you are inheritance tax planning, gifting a home or buying out an ex-partner after a separation, you'll need a transfer of equity solicitor.
Your lawyer will handle the legal side for a guaranteed fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
What are typical Abertillery conveyancing fees?
Getting a conveyancing quote takes moments - but understanding what is and isn't included in the quote can be challenging.
Conveyancing solicitors fees
Your solicitor's quote will set out the legal fees (inc. VAT) that you pay when the property transaction is complete. These fees are what your solicitor or conveyancer charges you for the legal services they provide during your property transaction.
Disbursements
The conveyancing quote should also include any disbursements, which are third-party costs, including Stamp Duty Land Tax (SDLT), HM Land Registry fees and property searches.
Is it a fixed fee quote?
Some firms list extra charges in the small print. This can mean a higher-than-expected final bill. Make sure you question any charges not set out in your initial quote, when comparing quotes.