The deeds to our home can not be found. The lawyers who handled the conveyancing in Llanymynech 4 years ago have long since closed. Will I be able to sell the house?

Assuming you have a registered title the details of your ownership will be evidenced by HMLR with a Title Number. It is easy to carry out a search at the Land Registry, locate your property and obtain up to date copies of the Registered Entries for less than a fiver. If the title is Leasehold then the Land Registry will also normally retain a file copy of the Registered Lease and again, a copy can be ordered for £20 inclusive of VAT.

How does conveyancing in Llanymynech differ for new build properties?

Most buyers of new build residence in Llanymynech approach us having been asked by the builder to sign contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Llanymynech typically purchase the real estate, 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 conveyancers 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 used to new build conveyancing in Llanymynech or who has acted in the same development.

I am looking for a flat up to £195,000 and identified one close by in Llanymynech I like with open areas and station in the vicinity, the downside is that it's only got 52 years unexpired on the lease. I can't really find anything else in Llanymynech in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?

Should you need a home loan that many years will be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.

Given that I am about to part with £400,000 on a two bedroom apartment in Llanymynech I would like to talk to a solicitor regarding thehouse move ahead of instructing the firm. Can this be arranged?

We could not agree more - we would be pleased to talk to you we do not take any clients on without you speaking to the solicitor who will be carrying out your property ownership legalities in Llanymynech.There is no ‘factory style conveyancing’ - each client is an important individual, not a matter number. The practices that we put you in touch with believe that the fees you are provided with for residential conveyancing in Llanymynech should be the amount on the final invoice that you are charged.

I am employed by a busy estate agency in Llanymynech where we have witnessed a few leasehold sales put at risk due to leases having less than 80 years remaining. I have been given contradictory information from local Llanymynech conveyancing firms. Could you shed some light as to whether the owner of a flat can commence the lease extension process for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.

An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

Llanymynech Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to buying

Does the lease have onerous restrictions? Is there a share of the freehold? It is important to be aware whether window replacement or some other major work is coming up that will be shared by the leasehold owners and will dramatically impact the level of the service costs or require a one off invoice.