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Find a Llandaff Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Llandaff? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Llandaff home move at risk of delay or failure.

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Recently asked questions about conveyancing in Llandaff

My Llandaff conveyancer has spotted a difference between the information in the valuation survey and what is revealed within the conveyancing documents. My solicitor says that he must check that the lender is happy with this discrepancy and is content to go ahead. Is my conveyancer’s approach legitimate?

Your conveyancing practitioner 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.

I purchased a freehold residence in Llandaff but nevertheless charged rent, why is this and what is this?

It’s unusual for properties in Llandaff and has limited impact for conveyancing in Llandaff but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges post 1977.

Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.

Various web forums that I have visited warn that are the primary reason for hinderance in Llandaff house deals. Is this right?

The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays during the legal transfer of property. Local searches are not likely to feature in any holding up conveyancing in Llandaff.

About to purchase a new build flat in Llandaff. Conveyancing is a frightening process 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 legal work.

Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Llandaff

    Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are surveyor prepared. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.

I decided to have a survey completed on a property in Llandaff before appointing lawyers. I have been informed that there is a flying freehold element to the property. My surveyor has said that some banks tend not issue a mortgage on this type of property.

It varies from the lender to lender. HSBC has different requirements for example to Birmingham Midshires. If you call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Llandaff. Conveyancing will be smoother if you use a solicitor in Llandaff especially if they regularly deal with such properties in Llandaff.

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Find out more about how flying freehold can affect your the value of a property.