I am purchasing a new build flat in Blaenavon. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Blaenavon you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Blaenavon.
My partner and I are downsizing from our house in Blaenavon and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any high street Blaenavon lawyer would know this is not the case. For the life of me I don't know why the buyers are using an internet conveyancing firm rather than a conveyancing solicitor in Blaenavon. Having lived in Blaenavon for three years we know that this is a non issue. Do we contact our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? 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 life insurance to cover that same illness)
How easy is it to change firm as I have to appoint one who is on the HSBC Bank conveyancing list. I hired a high street conveyancing solicitor in Blaenavon five minutes from me but he is not approved by HSBC Bank
It would be our pleasure to help you find a conveyancing solicitor in Blaenavon on the HSBC Bank panel. Please note that the property lawyers that we work with do not pay us fee if you instruct them and are regulated by the SRA who regulate all conveyancing solicitors in Blaenavon. In utilising search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Blaenavon.
I am employed by a long established estate agency in Blaenavon where we see a number of flat sales put at risk as a result of leases having less than 80 years remaining. I have been given contradictory information from local Blaenavon conveyancing firms. Can you confirm whether the seller of a flat can start the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has owned the lease 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 simultaneously with completion of the sale.
An alternative approach is to agree the lease extension with the freeholder 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 invested in buying a 2 bed flat in Blaenavon, 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 properties in Blaenavon with an extended lease are worth £171,000. The average or mid-range amount of ground rent is £50 yearly. The lease ends on 21st October 2104
With just 79 years remaining on your lease we estimate the price of your lease extension to be between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.
I note that you have a search directory listing law firms on the lender conveyancing panel. Do Blaenavon conveyancing firms pay you a commission if I appoint them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Blaenavon.