It is is a decade since I purchased my house in Rudry. Conveyancing solicitors have now been instructed on the sale but I am unable to find my title documents. Will this cause complications?
You need not be too concerned. Firstly the deeds may be kept by your mortgage company or they may be in the possession of the solicitor who handled the purchase. Secondly in all probability the property will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. Most conveyancing in Rudry relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is resolvable.
What does a local search reveal about the house I am buying in Rudry?
Rudry conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search organisations for instance Searchflow The local search is essential in every Rudry conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your property. The search should supply data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
Due to the input of my in-laws I had a survey completed on a property in Rudry before instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some lenders tend refuse to grant a mortgage on such a home.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. If you contact us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Rudry. Conveyancing may be slightly more expensive based on your lender's requirements.
Are there any apps to help search for a Rudry law firm on the Barclays Direct conveyancing panel? I drive a motor bike and am happy to travel upto 20kilometers to meet the solicitor.
Feel free to make use of the tool on this page. Please choose the bank and your location and you will see a number of Rudry conveyancing lawyers locally. We have detailed some Rudry conveyancing firms towards the end of this page and you can call them to see whether they are on the Barclays Direct panel
I work for a busy estate agent office in Rudry where we have experienced a number of leasehold sales jeopardised as a result of short leases. I have been given contradictory information from local Rudry conveyancing solicitors. Can you clarify whether the vendor of a flat can initiate the lease extension formalities for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the sale.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Rudry Leasehold Conveyancing - A selection of Queries before Purchasing
How is the lease structured? For many Rudry leaseholds the cost for major works tend not to be included within service charges, albeit that there some managing agents in Rudry obliged leasehold owners to contribute towards a sinking fund and this is used to offset against major works. The answer will be important as a) areas may result in problems for the block as the common areas may begin to deteriorate where maintenance remain unpaid b) if the leasehold owners have a dispute with the running of the building you will need to have all the details