Willinstructing a Pentyrch conveyancing practice make the ownership transfer smoother?

Pentyrch is a unique place, where neighbourhood experience is a significant benefit. The relaxed pace of life has it’s attractions – but not when it comes to your home move. The solicitors that we recommend combine in-depth Pentyrch insight with a professional, hands-onattitude that ensures everything runs smoothly. It will certainly help that they can make use of established connections with mortgage brokers, estate agents, valuers and other Pentyrch conveyancing practices

I have 70 years unexpired on my lease and require a lease extension for my flat in Pentyrch. Conveyancing solicitors on the Chelsea Building Society panel can deal with such extensions right?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 1/5/2024 the requirements read as follows :

We are buying a house in Pentyrch. I might seem paranoid but how we can trust a lawyer? At some point we will need to send money into their account. What is the protection we have from them run away with our monies?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

Completion of my remortgage has taken place for my property in Pentyrch. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?

Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.

About to purchase apartment in Pentyrch. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Leeds Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Pentyrch solicitor is on the Leeds Building Society conveyancing panel.

I have todaydiscovered that Action Conveyancing have been shut down. They carried out my conveyancing in Pentyrch for a purchase of a freehold house 18 months ago. How can I check that the property is registered correctly in the name of the former proprietor?

The easiest method to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Pentyrch conveyancing specialists.

My wife and I purchased a leasehold flat in Pentyrch. Conveyancing and Yorkshire Building Society mortgage organised. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing practitioner in Pentyrch who previously acted has now retired. Do I pay?

The first thing you should do is make enquiries of the Land Registry to make sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a Pentyrch conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Pentyrch Leasehold Conveyancing - Sample of Queries Prior to buying

The prefered form of lease arrangement is if the freehold title is in the ownership of the leaseholders. In this situation the lessees enjoy being in charge if their destiny and even though a managing agent is usually employed if the building is larger than a house conversion, the managing agent retained by the leaseholders. You should want to find out as much as possible regarding the company managing the building as they will impact your use and enjoyment of the property. Being a leasehold owner you are often in the clutches of the managing agents both financially and when it comes to practical matters like the cleanliness of the common parts. Ask other tenants what they think of their management. Finally, investigate as to the dates that the maintenance charges are due to the appropriate party and specifically what it includes. Please note if it is less than 80 years it will impact the marketability of the property. Check with your mortgage company that they are happy with remaining years on the lease. Leases with less than 80 years remaining means that you will probably require a lease extension sooner rather than later and it is worth finding out how much this will be. For most Pentyrchlease extensions you would need to own the residence for two years before you are entitled to carry out a lease extension.