Can the conveyancing lawyers Indexed on your site carry out auction conveyancing in Llandeilo?

We know of a few niche practitioners we can connect you with those specialising in auction conveyancing. Llandeilo is just one of hundreds of areas of in which our lawyers have a presence.

Do I need to pay for insurance to protect me from financial exposure to chancel repairs when acquiring a house in Llandeilo?

Unless a previous purchase of the property completed after 12 October 2013 you can assume that solicitors handling conveyancing in Llandeilo to continue to advocate a chancel search and or chancel repair liability policy.

The deeds to our home are lost. The solicitors who conducted the conveyancing in Llandeilo 4 years ago no longer exist. What are my next steps?

You no longer need to have the physical official documentation to establish that you own the land or premises, given that the Land Registry have everything they need in a digital format.

I have been on the look out for a ground for flat up to £245,000 and identified one near me in Llandeilo I like with a park and station nearby, however it's only got 52 years unexpired on the lease. I can't really find anything else in Llandeilo in this price bracket, so just wondered if I would be making a mistake buying a short lease?

Should you require a mortgage the remaining unexpired lease term may be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.

I've recently bought a leasehold flat in Llandeilo. Am I liable to pay service charges relating to a period prior to my ownership?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I own a 1st floor flat in Llandeilo, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Llandeilo with a long lease are worth £227,000. The ground rent is £50 invoiced annually. The lease ceases on 21st October 2095

With just 71 years unexpired we estimate the premium for your lease extension to be between £9,500 and £11,000 plus professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.