The Halkyn conveyancing firm handling our Halkyn conveyancing has uncovered a discrepancy between the information in the valuation survey and what is in the title deeds. My lawyer has advised that he is obliged to check that the lender is happy with this discrepancy and is content to go ahead. Is my lawyer’s approach appropriate?

Your solicitor must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.

Is there a reason why leasehold purchase conveyancing in Halkyn is more expensive?

In short, leasehold conveyancing in Halkyn and elsewhere usually warrants more due diligence compared to freehold conveyancing. This includes lease investigation, communicating with the landlord about the service of required notices, obtaining up-to-date service charge and management information, securing the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different proprietor have owned the lease since it was first entered into.

About to purchase a new build apartment in Halkyn. 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 selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Halkyn

There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?

I have been on the look out for a flat up to £305k and identified one round the corner in Halkyn I like with a park and transport links nearby, however it only has 49 years unexpired on the lease. There is not much else in Halkyn for this price, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you require a home loan the shortness of the lease will likely be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.

I am selling my property. My former conveyancers closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Halkyn if that makes a difference.

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