lenderpanel

Find a Splott Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Splott? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Splott conveyancing at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Splott conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Splott

My friend's uncle is a solicitor. I anticipate that I will be offered friends and family rates for conveyancing, but if not, what level of figure should I be expecting for conveyancing in Splott?

It’s a good idea to obtain multiple conveyancing estimates. Make use of our search tool on this site. You will notice that quotes may contrast greatly but service levels do are distinct between law firms as is true with most professions.

Our mortgage company has suggested a law firm on their panel based in Splott but I would rather instruct a conveyancing lawyer in Splott or nearer to where I live. Can you help?

Far from all Splott conveyancing solicitors are listed all lender’s conveyancing panel. Use our search tool to find a Splott conveyancing solicitor on the on the bank panel.

I am looking for a flat up to £195,000 and found one near me in Splott I like with a park and railway links nearby, however it's only got 52 remaining years left on the lease. I can't really find anything else in Splott in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?

If you need a mortgage that many years will be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this.

I've recently bought a leasehold flat in Splott. Am I liable to pay service charges for periods before my ownership?

In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I own a studio flat in Splott, conveyancing formalities finalised in 2012. Can you give me give me an indication of the likely cost of a lease extension? Equivalent properties in Splott with a long lease are worth £222,000. The ground rent is £50 levied per year. The lease ends on 21st October 2093

You have 70 years left to run we estimate the premium for your lease extension to be between £9,500 and £11,000 plus legals.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.

What is the reason for my solicitor requiring a list of items of ID before I can proceed with my conveyancing in Splott?

Splott property lawyers are obliged by the Law Society, SRA, the Land Registry and current Money Laundering Regulations to certify that the have verified the identity of their clients. It will also be a condition of your mortgage offer. In addition they have to complete various forms, particularly those relating to Land Tax and need to have information such as your full names, national insurance number and DOB.

Last updated

Find out more about how flying freehold can affect your the value of a property.