Various web forums that I have frequented warn that are the number one cause of delay in Maesteg house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of hindrances during the legal transfer of property. Searches are not likely to feature in any holding up conveyancing in Maesteg.
Due to the input of my in-laws I had a survey completed on a house in Maesteg in advance of instructing lawyers. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some lenders will refuse to issue a mortgage on such a home.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Maesteg. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Maesteg cover?
Non domestic conveyancing in Maesteg incorporates a wide array of services, given by qualified solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
Back In 2001, I bought a leasehold house in Maesteg. Conveyancing and Skipton Building Society mortgage organised. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1995. The conveyancing practitioner in Maesteg who previously acted has now retired. What should I do?
The first thing you should do is make enquiries of the Land Registry to be sure that this person is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Maesteg conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Leasehold Conveyancing in Maesteg - Sample of Questions you should consider before buying
How many of the leaseholders are in arrears for their service charge payments? What is the name of the managing agents? Is the freehold owned jointly by the leaseholders?
How much experience do your Maesteg conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Maesteg conveyancing lawyers help thousands of people move home every year and supported plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Maesteg conveyancers have worked on recent similar cases.