Willinstructing a Newport conveyancing practitioner make the ownership transfer smoother?

Established third party relationships is an important consideration when choosing conveyancing solicitors. Newport law firms benefit from connections with lenders and agents, local authorities, valuers and other conveyancing firms meaning the whole process is going to be much smoother for you. Hosting specialist experience in the local area is an advantage.

I am close to exchanging contracts on the sale of our house in Newport and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any local lawyer would know this is not the case. It does beg the question why the buyers used a web based conveyancing firm as opposed to a conveyancing solicitor in Newport. We have lived in Newport for three years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to seek confirmation that there is no issue.

It sounds as though you may have a conveyancing lawyer already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)

I am a couple of weeks into a residential purchase having been recommend to conveyancers by the high street agent to handle our conveyancing in Newport. We are not happy. Could you you assist me in finding new solicitors?

They would have to be very bad to suggest changing them. Has your mortgage offer been issued? In the event that it has you must advise them of the new contact details and have the offer are re-issued. Your new solicitor ideally needs to be on the banks approved list to avoid escalating fees and delays. So that should be your first question of the new lawyers. Our search tool will help you find a lender approved solicitor for your home move in Newport

I am on look out for some leasehold conveyancing in Newport. Before I get started I require certainty as to the unexpired term of the lease.

If the lease is registered - and almost all are in Newport - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I own a leasehold flat in Newport, conveyancing formalities finalised July 1995. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Newport with over 90 years remaining are worth £175,000. The ground rent is £65 yearly. The lease ends on 21st October 2082

With 58 years remaining on your lease we estimate the premium for your lease extension to range between £23,800 and £27,400 plus professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.

We recently discovered that one of the directors of the conveyancing practice acting on the purchase conveyancing in Newport is an uncle of the vendor. Is this permitted?

As long as no conflict arises this should be fine. If you are requiring a home loan then the lender may have a say as many mortgage companies have specific instructions on this. For example for Skipton Building Society as of 15/4/2024, the requirements read as follows :