Are there restrictive covenants that are commonly identified as part of conveyancing in Bridgend?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Bridgend. 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…’

Due to the input of my in-laws I had a survey completed on a property in Bridgend in advance of appointing conveyancers. I have been informed that there is a flying freehold aspect to the house. Our surveyor advised that some mortgage companies tend not grant a mortgage on a flying freehold property.

It depends who your proposed lender is. Santander has different instructions for example to Nationwide. If you contact us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Bridgend. Conveyancing may be slightly more expensive based on your lender's requirements.

I am using a search engine for the phrase conveyancing in Bridgend it reveals many property lawyersin the vicinity. How do I determine which is the right solicitor for purchase transaction?

The ideal method of seeking a suitable conveyancer is via personal testimonial, so enquire of friends and relatives who have bought a property in Bridgend or a reputable estate agent or financial adviser. Fees for conveyancing in Bridgend vary, so it's a good idea to request at least four estimates from varying types of property lawyers. Make sure that you clarify that the fees are fixed.

I bought a 1st floor flat in Bridgend, conveyancing was carried out 1995. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Bridgend with over 90 years remaining are worth £165,000. The ground rent is £45 invoiced annually. The lease runs out on 21st October 50

With only 50 years unexpired the likely cost is going to be between £36,100 and £41,800 as well as professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.

We are buying a 2 bedroom ground floor flatin Bridgend with a residential mortgage from a mortgage company. We have a lawyer in Bridgend but our mortgage company says he's not on their "panel". We have to appoint one of the our bank panel solicitors or stay with our Bridgend solicitor and incur the extra legals for one of their panel ones to represent our lender. We feel as though this is unjust; is there anything we can do?

No, not really. The lender home loan issued is subject to conditions, one of which will be that lawyers will on the lender's conveyancing panel. in the past, most banks had large numbers of law firms on their panels, including most conveyancing solicitors in Bridgend : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for your bank.