At what point will exchange of contracts occur in sale conveyancing in Pontyclun and am I required to be at the lawyers branch?

Where you are near to one of the conveyancing solicitors in Pontyclun you are invited in to sign contracts. However, the lender approved solicitors we work with offer countrywide coverage for conveyancing and give as equally detailed and professional a job for you when dealing with you electronically. The signing of the purchase agreement is not the critical part. A signed contract is necessary for the solicitor to address the formalities when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Pontyclun)to be in the office at the appropriate time.

I have 71 years left on my lease and require a lease extension for my apartment in Pontyclun. Conveyancing solicitors on the Virgin panel can deal with such extensions correct?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 19/9/2023 the requirements read as follows :

I have justbecome aware that Stirling Law have closed. They carried out my conveyancing in Pontyclun for a purchase of a leasehold flat 18 months ago. How can I check that the property is registered correctly in the name of the former proprietor?

The easiest way to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Pontyclun conveyancing specialists.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Pontyclun. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Pontyclun

Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are surveyor prepared.

I am looking for a leasehold apartment up to £245,000 and identified one close by in Pontyclun I like with open areas and transport links nearby, however it only has 49 remaining years left on the lease. There is not much else in Pontyclun suitable, so just wondered if I would be making a grave error buying a short lease?

If you require a mortgage that many years will be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of twenty four months you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.