Find a Llantrisant Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Llantrisant conveyancers for over 130 lenders.

Recently asked questions about conveyancing in Llantrisant

Much to our surprise we have been notified by our estate agent that my Llantrisant the law firm I have appointed is not on the mortgage company Conveyancing panel. How can I check?

You need to call your Llantrisant conveyancer. You lawyer should advise you what has happened. If they are not on the panel they may be able to suggest a Llantrisant conveyancing practice that is on the conveyancing panel for your mortgage company.

My fiancee and I are purchasing our first home. The conveyancing practitioner has e-mailedto check if we wish to take out additional conveyancing searches. We are really unsure what's appropriate for conveyancing in Llantrisant

The extent of Llantrisant conveyancing searches should be triggered based entirely on the premises, the location, the possibility of any of these risks, your knowledge of the area and risks, your overall approach to risk. What matters is that you properly understand what information each search could supply. You may then decide if you personally think you need that information. Where you are in doubt, ask your solicitor to provide guidance.

I have been on the look out for a leasehold apartment up to £305k and identified one near me in Llantrisant I like with amenity areas and railway links nearby, however it's only got 49 years unexpired on the lease. There is not much else in Llantrisant suitable, so just wondered if I would be making a mistake acquiring a short lease?

Should you require a mortgage that many years will likely be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.

My cousin has suggested that I use his lawyers for conveyancing in Llantrisant. Should I find my own property lawyer?

No doubt it’s preferable to select a conveyancing practitioner is to seek guidance from friends or family who have previously instructed the solicitor you're are thinking of instructing.

Estate agents have just been given the go-ahead to market my basement flat in Llantrisant. Conveyancing lawyers have not yet been instructed, however I have just received a yearly service charge demand – what should I do?

Your conveyancing lawyer is likely to suggest that you should clear the service charge as usual as all ground rent and maintenance invoices should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer 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.

Llantrisant Leasehold Conveyancing - A selection of Queries Prior to Purchasing

    The majority of Llantrisant leasehold properties will incur a service bill for the upkeep of the block levied by the freeholder. If you acquire the apartment you will have to pay this liability, normally quarterly during the year. This may differ from a couple of hundred pounds to thousands of pounds for large purpose-built buildings. In all likelihood there will be a ground rent for you to pay annual, normally this is not a large figure, say around £50-£100 but you should to enquire as occasionally it could be prohibitively expensive. Best to be warned whether redecorating or some other major work is due shortly that will be shared by the leaseholders and will materially increase the the maintenance charges or result in a one time invoice. You should be aware that where the lease has fewer than eighty years it will have adverse implications on the marketability of the property. It is worth checking with your lender that they are willing to lend given the lease term. Leases with fewer than 80 years remaining means that you will probably need a lease extension at some point and you need to have some idea of how much this will be. Remember, in most cases you will be be obliged to have been the owner of the property for two years in order to be legally able to carry out a lease extension.

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