Can the conveyancing solicitors that you recommend perform conveyancing in Resolven by way of an attended exchange?
We do have a number of conveyancing experts who can conduct 24hr exchanges. Do call us to secure a fee calculation and details as to dates.
About to place an offer on a leasehold property in Resolven. The selling agents assure me that it is the norm for flats in Resolven to have less than 75 years unexpired on the lease. I am taking out a loan with Chelsea Building Society. Is this going to be a problem if the lease has 70 years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 7/9/2025 the requirements read as follows :
How does conveyancing in Resolven differ for newly converted properties?
Most buyers of new build residence in Resolven come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Resolven 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 property lawyers 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 accustomed to new build conveyancing in Resolven or who has acted in the same development.
How can the Landlord & Tenant Act 1954 impact my commercial premises in Resolven and how can you help?
The particular law that you refer to affords protection to business lessees, giving them the dueness to make a request to court for a renewal lease and remain in occupation when the lease comes to an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Resolven is one of the many locations in which our lawyers are located
I am on look out for some leasehold conveyancing in Resolven. Before I get started I require certainty as to the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and 99.9% are in Resolven - 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 purchased a studio flat in Resolven, conveyancing was carried out half a dozen years ago. Can you work out an approximate cost of a lease extension? Equivalent properties in Resolven with a long lease are worth £180,000. The ground rent is £65 levied per year. The lease terminates on 21st October 2084
With 59 years unexpired we estimate the price of your lease extension to range between £20,900 and £24,200 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.