As someone clueless as to conveyancing in Machen what’s your top tip you can impart concerning the house moving process in Machen

Not many law firms shout this from the rooftops but conveyancing in Machen and elsewhere in Caerphilly is an adversarial process. Put another way, when it comes to conveyancing there exists plenty of room for friction between you and other parties involved in the legal transfer of property. E.g., the seller, property agent and even potentially your mortgage company. Appointing a law firm for your conveyancing in Machen should not be taken lightly as your conveyancer is your adviser, and is the SOLE person in the legal process whose role it is to look after your legal interests and to keep you safe.

We are witnessing a definite ongoing adversarial element to conveyancing- someone must be blamed for the process taking so long. You should always trust your solicitor ahead of all other players when it comes to the legal transfer of property.

My wife and I have a 4 bedroom Georgian property in Machen. Conveyancing solicitor represented me and Birmingham Midshires. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold with the matching property. I'd like to know for sure, how can I find out??

You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Machen and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with your conveyancing solicitor who conducted the conveyancing.

I've recently found out that there is a flying freehold element on a house I have offered on last month in what should have been a simple, no chain conveyancing. Machen is the location of the property. What do you suggest?

Flying freeholds in Machen are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Machen you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Machen may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

Hoping to buy a property located in Machen and I am already nervous. I couldn't find anything specific about Machen. Conveyancing will be needed in due course but do you know about the Machen area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Machen. In the meantime here are some basic statistics that we found

I am a negotiator for a long established estate agency in Machen where we see a number of leasehold sales derailed due to short leases. I have received conflicting advice from local Machen conveyancing firms. Please can you shed some light as to whether the owner of a flat can initiate the lease extension process for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the sale.

Alternatively, it may be possible 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 purchaser.

Leasehold Conveyancing in Machen - Sample of Questions you should ask before Purchasing

This question is useful as a) areas could result in problems in the block as the common areas may start to deteriorate if maintenance are not paid for b) if the leaseholders have an issue with the running of the building you will want to have full disclosure The majority of Machen leasehold properties will be liable to pay a service bill for the upkeep of the block levied on behalf of the management company. Should you acquire the apartment you will have to pay this contribution, normally periodically during the year. This may vary from a couple of hundred pounds to thousands of pounds for buildings with lifts and large common grounds. There will also be a rentcharge to be met yearly, ordinarily this is not a exorbitant figure, say around £25-£75 but you need to enquire as occasionally it can be surprisingly expensive. On the whole the cost for major works are not included within maintenance charges, although some managing agents in Machen obliged tenants to pay into a reserve fund created for the specific intention of establishing a fund for larger works.