I am the single recipient of my late father’s will with all property in now in my sole name, including the house in Bassaleg. The Bassaleg property was put into my name in June. I plan to dispose of the house. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my property ownership could be considered the same way as though I had purchased the house in June. Will no one buy the property for half a year?

The CML handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. How sensible a view mortgage companies take of it, depend on the bank as this clause is principally there to identify the purchase and immediately sell or the quick reselling of properties.

Can you point me to a directory of Nottingham panel solicitors in Bassaleg on the UK Finance Lenders’ Handbook Website?

No. There is no such facility on the CML or Building Society Association websites. A small selection of lenders make their panel listings available over the internet. If you are in need of a Bassaleg solicitor on the Nottingham please use our facility.

Can I be sure that the Bassaleg conveyancing solicitor on the Lloyds panel is any good?

When it comes to conveyancing in Bassaleg obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer carrying out your transaction.

I have todayfound out that Arc property Solicitors have closed. They carried out my conveyancing in Bassaleg for a purchase of a leasehold flat 9 months ago. How can I check that the property is registered correctly in the name of the previous owner?

The quickest way 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 Bassaleg conveyancing specialists.

About to purchase a new build apartment in Bassaleg. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Bassaleg

Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are surveyor prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.

As co-executor for the will of my uncle I am selling a residence in Cardiff but I am based in Bassaleg. My conveyancer (who is 250 miles awayhas requested that I sign a statutory declaration ahead of completion. Could you suggest a conveyancing solicitor in Bassaleg to witness this legal document for me?

Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are Bassaleg based

I work for a busy estate agency in Bassaleg where we see a number of leasehold sales jeopardised as a result of leases having less than 80 years remaining. I have been given contradictory information from local Bassaleg conveyancing solicitors. Could you clarify whether the seller of a flat can initiate the lease extension process for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the sale.

An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

I bought a studio flat in Bassaleg, conveyancing formalities finalised October 2003. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Bassaleg with over 90 years remaining are worth £260,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease runs out on 21st October 2098

With 74 years unexpired the likely cost is going to span between £8,600 and £9,800 as well as professional fees.

The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed investigations. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.