Willappointing a Rowen conveyancing practice make the ownership transfer smoother?

Rowen is a unique place, where regional experience is a big bonus. The relaxed pace of life is great – just not when it comes to your house move. The conveyancers that we recommend providing exhaustive Rowen know how with a professional, can doapproach that ensures the conveyancing to progress without drama. It is a definite plus where they enjoy established connections with mortgage brokers, estate agents, surveyors and counterpart Rowen conveyancing solicitors

My solicitor has discovered a a problem with the lease for the apartment we are purchasing in Rowen. The seller’s lawyers have suggested title insurance as a solution. We are happy with insurance and will pay for it. Our property lawyer has advised that he must ensure that the bank is happy with this solution. Who is the client here, us or the lender?

The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the mortgage company are the client. Your conveyancer must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your conveyancing practitioner will have no choice but to discontinue acting for you.

I used Wolstenholmes several years past for my conveyancing in Rowen. I now require my papers however the law firm is no longer operating. What do I do?

You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Rowen of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Back In 2003, I bought a leasehold house in Rowen. Conveyancing and Coventry Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1997. The conveyancing practitioner in Rowen who previously acted has now retired. Any advice?

First contact the Land Registry to make sure that this person is indeed the new freeholder. There is no need to instruct a Rowen conveyancing practitioner to do this as you can do this on the Land Registry website for £3. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

I bought a ground floor flat in Rowen, conveyancing was carried out in 2006. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Rowen with an extended lease are worth £222,000. The average or mid-range amount of ground rent is £50 levied per year. The lease expires on 21st October 2091

With only 70 years remaining on your lease the likely cost is going to span between £9,500 and £11,000 as well as legals.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.

What can I do to determine who owns a property in Rowen?

Provided the property is registered with the Land Registry, and you have requisite specifics of the address of the property, you should be able to obtain details from the HM Land Registry of the recorded proprietor for a a minimal charge.