I am getting a mortgage offer from Nat West. My intention is to instruct a Licensed Conveyancer in Holywell. Does the Nat West Solicitor panel exclude conveyancers regulated by the CLC?

The Nat West approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.

I am looking to buy a house and require a conveyancing solicitor in Holywell who is on the Nationwide Building Society solicitor. Can you recommend a local solicitor?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nationwide Building Society in certain locations such as Holywell. We dont recommend any particular firm.

How does conveyancing in Holywell differ for new build properties?

Most buyers of new build property in Holywell approach us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is finished. This is because house builders in Holywell typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Holywell or who has acted in the same development.

What does commercial conveyancing in Holywell cover?

Commercial conveyancing in Holywell covers a wide array of advice, provided by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.

I am on look out for some leasehold conveyancing in Holywell. Before I get started I require certainty as to the number of years remaining on the lease.

If the lease is registered - and almost all are in Holywell - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I invested in buying a ground floor flat in Holywell, conveyancing formalities finalised 3 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Holywell with a long lease are worth £197,000. The ground rent is £55 per annum. The lease ceases on 21st October 2081

You have 56 years unexpired the likely cost is going to span between £29,500 and £34,000 as well as professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.