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Find a Blackwood Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Blackwood? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Blackwood transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Blackwood conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Blackwood

I am hoping to complete my purchase in Blackwood next Tuesday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the mortgage company. What does the insurance need to cover?

Any lawyer on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 instructions. These obligations are not unique to conveyancing in Blackwood.

My partner and I are close to exchanging contracts on the sale of our house in Blackwood and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers instructed a nationwide conveyancing firm rather than a conveyancing solicitor in Blackwood. Having lived in Blackwood for 4 years we know that this is a non issue. Do we contact our local Authority to get clarification that there is no issue.

It would appear that you have a conveyancing solicitor already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)

I opted to have a survey done on a house in Blackwood ahead of appointing solicitors. I have been advised that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies may not grant a mortgage on a flying freehold home.

It depends who your proposed lender is. Lloyds has different requirements from Birmingham Midshires. If you call us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Blackwood. Conveyancing may be slightly more expensive based on your lender's requirements.

I am looking to sell my house. My past solicitors closed down. I am in need of a recommendation of a conveyancing firm. Im based in Blackwood if that makes a difference.

You should use our search tool to help you find a solicitor for your conveyancing in Blackwood. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.

I am employed by a reputable estate agency in Blackwood where we have experienced a number of flat sales derailed due to leases having less than 80 years remaining. I have been given contradictory information from local Blackwood conveyancing solicitors. Could you clarify whether the vendor of a flat can commence the lease extension process for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having 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 simultaneously with completion of the disposal of the property.

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 purchaser.

Blackwood Leasehold Conveyancing - Sample of Questions you should ask Prior to Purchasing

    Where a Blackwood lease has less than eighty years it will impact the marketability of the apartment. It is worth checking with your bank that they are willing to go ahead with the loan given the lease term. A short lease means that you will probably have to extend the lease at some point and it is worth finding out how much this will be. Remember, in most cases you would be required to have owned the premises for two years in order to be eligible to extend the lease. The prefered form of lease arrangement is if the freehold title is owned by the leaseholders. In this scenario the leaseholders enjoy being in charge if their destiny and notwithstanding that a managing agent is frequently retained where the building is larger than a house conversion, the managing agent retained by the leaseholders. Is the freehold reversion owned collectively by the leaseholders?

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Find out more about how flying freehold can affect your the value of a property.