Having been referred to your organisation we were going to use a conveyancing solicitor in Aberdare listed on your site but stumbled across some other estimates via the web seem less expensive – why is this?
There are a variety of conveyancing organisations advertising what appear to be cut price. We would urge you to think twice about how much you respect your own move to want to take 'cheap' risks concerning the quality of the legal work. Some hide extras deep into the terms of business. The conveyancers that we list for conveyancing in Aberdare neverbehave this way.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Aberdare?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Aberdare. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
What tools are available to identify a Aberdare solicitor on the Santander conveyancing panel? I have wheels and am prepared to travel upto 25miles to meet the solicitor.
Feel free to make use of the tool on this page. Please pick a mortgage company and your location and you will see a number of Aberdare conveyancing lawyers located nearest you. We have listed some Aberdare conveyancing firms towards the end of this page and you can call them to verify if they are on the Santander panel
In relation to leasehold conveyancing in Aberdare what are the most common lease problems?
Leasehold conveyancing in Aberdare is not unique. All leases are individual and legal mistakes in the legal wording can sometimes mean that certain clauses are missing. The following missing provisions could result in a defective lease:
Maintenance charge proportions which don’t add up to the correct percentage A provision for the recovery of money spent for the benefit of another party.
You will have a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Barclays , Virgin Money, and Clydesdale all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to provide security, forcing the buyer to pull out.
I inherited a leasehold flat in Aberdare, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Aberdare with over 90 years remaining are worth £197,000. The ground rent is £55 invoiced every year. The lease ceases on 21st October 2073
With just 54 years remaining on your lease we estimate the premium for your lease extension to range between £32,300 and £37,400 as well as costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.
Much to my surprise my conveyancing solicitor in Aberdare is asking me for ID documents saying that this forms part of his retainer as a solicitor on the bank Solicitor panel. Can this be correct?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the bank. This is not specific to conveyancing in Aberdare