I am acquiring a property mortgage free in Llantwit Major. I have been residing for the previous dozen years in Llantwit Major. Conveyancing searches are a lot of money. As I know the road and vicinity very well must I have all the conveyancing searches?
Provided that you do not need a mortgage, then the vast majority of the Llantwit Major conveyancing searches are non-obligatory. Your solicitor will ’encourage you, no-doubt strongly, that you should have searches done, but he has a professional duty to do this. Do take into account; if you are going to sell the house one day, it may be of relevance to your prospective purchaser what the searches determine. On occasion properties with apparent issues can still show up adverse search results. A competent conveyancing solicitor in Llantwit Major will be able to give you some helpful advice in this regard.
We are buying a property and need a conveyancing solicitor in Llantwit Major who is on the Leeds Building Society approved panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Leeds Building Society . We don't recommend any particular firms conducting conveyancing in Llantwit Major.
Despite weeks of looking the Title Certificate and documents to our house are lost. The solicitors who conducted the conveyancing in Llantwit Major 4 years ago are no longer around. What are my next steps?
As long as the title is registered the information relating to your ownership will be documented by the Land Registry under a Title Number. It is easy to carry out a search at the Land Registry, identify your property and get current copies of the Registered Entries for less than a fiver. If the title is Leasehold then the Land Registry will in most cases hold a certified duplicate of the Registered Lease and again, a copy can be ordered for twenty pounds.
How does conveyancing in Llantwit Major differ for new build properties?
Most buyers of new build property in Llantwit Major contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is constructed. This is because developers in Llantwit Major tend to acquire the land, 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 conveyancing solicitors 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 Llantwit Major or who has acted in the same development.
My husband and I may need to let out our Llantwit Major garden flat for a while due to a career opportunity. We instructed a Llantwit Major conveyancing firm in 2001 but they have closed and we did not think at the time seek any advice as to whether the lease allows us to sublet. How do we find out?
Notwithstanding that your last Llantwit Major conveyancing solicitor is no longer around you can check your lease to see if it allows you to sublet the premises. The accepted inference is that if the lease is non-specific, subletting is permitted. There may be a precondition that you must seek consent via your landlord or other appropriate person in advance of subletting. This means that you cannot sublet without prior consent. Such consent should not be unreasonably turned down. If your lease does not allow you to sublet you will need to ask your landlord for their consent.
I invested in buying a 2 bed flat in Llantwit Major, conveyancing having been completed in 2000. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Llantwit Major with an extended lease are worth £181,000. The average or mid-range amount of ground rent is £55 per annum. The lease expires on 21st October 2069
With only 50 years remaining on your lease we estimate the price of your lease extension to be between £31,400 and £36,200 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.