I have todaybeen informed that Arc property Solicitors have been shut down. They conducted my conveyancing in Bridgend for a purchase of a leasehold apartment 18 months ago. How can I check that the property is not still registered in the name of the previous owner?
The quickest way to check if the property is registered to you, you can carry out 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 Bridgend conveyancing specialists.
I decided to have a survey done on a property in Bridgend in advance of appointing conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some mortgage companies will not give a mortgage on a flying freehold home.
It depends who your proposed lender is. Lloyds has different instructions from Nationwide. Should you wish to telephone us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bridgend. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bridgend to see if the conveyancing costs will increase in light of this.
Given that I am about to spend 450k on a garden flat in Bridgend I wish to talk to a lawyer regarding thehouse move before giving the go ahead to the firm. Is this something that you can arrange?
This is something that we recommend - we would be delighted to talk to you we do not take any clients on without you speaking to the conveyancer due to be carrying out your conveyancing in Bridgend.There is no ‘factory style conveyancing’ - every client is unique individual, not a file reference. The solicitors that we put you in touch with believe that the fees you are provided with for residential conveyancing in Bridgend should be the amount on the final invoice that you end up paying.
I need to retain a conveyancing solicitor for leasehold conveyancing in Bridgend. I happened to land on a site which seems to have the perfect solution If there is a chance to get all this stuff done via email that would be ideal. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have just started marketing my garden flat in Bridgend. Conveyancing has not commenced, but I have recently received a quarterly maintenance charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as usual given that all ground rent and maintenance invoices should be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Bridgend Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to Purchasing
In the main the outlay for major works are not included within service charges, although some managing agents in Bridgend require leasehold owners to contribute towards a sinking fund created for the specific intention of establishing a fund for major repairs or maintenance. It would be prudent to find out as much as you can concerning the company managing the block as they will either make your life much simpler or uncomfortable. As the owner of a leasehold property you are often at the mercy of the managing agents from a financial perspective and when it comes to daily issues such as the upkeep of the common parts. Enquire of other people what they think of their service. On a final note, investigate as to the dates that the service charges are due to the appropriate party and precisely how they are spending the funds. The answer will be useful as a) areas may result in problems for the building as the common areas may start to deteriorate where maintenance are not paid for b) if the tenants have an issue with the running of the building you will want to know about it