Can I use your services to find a Conveyancing solicitor in Aberdare even where I’m not buying or disposing of a house, for instance where I want to buy an office in Aberdare with a loan from The Royal Bank of Scotland?
Our search tool is mainly used to get a quote from residential conveyancing solicitors in Aberdare but we have set out at the end of this page a few Aberdare commercial conveyancing firms. You should enquire with the firm directly to check if they can also act for The Royal Bank of Scotland
We're in Aberdare, First time buyers purchasing with a mortgage (lender is HSBC , and our solicitor is on the HSBC conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the HSBC conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a simple, chain free conveyancing. Aberdare is the location of the property. What do you suggest?
Flying freeholds in Aberdare are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Aberdare you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Aberdare may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Is there anything unique about your site and alternative online quote calculators for conveyancing in Aberdare?
At this site secure an accurate costs illustration via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Aberdare. Unlike many estate agents and many comparison sites we are not in the business of charging firms a commission if you choose them for your home move in Aberdare
I am a negotiator for a reputable estate agent office in Aberdare where we have experienced a number of leasehold sales derailed due to short leases. I have received inconsistent advice from local Aberdare conveyancing solicitors. Could you confirm whether the owner of a flat can commence the lease extension process for the purchaser on completion of the sale?
As long as the seller has owned the lease 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. This means that the proposed purchaser can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the disposal of the property.
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.
I am the registered owner of a leasehold flat in Aberdare, conveyancing was carried out January 2003. How much will my lease extension cost? Comparable properties in Aberdare with an extended lease are worth £201,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease ceases on 21st October 2089
With 64 years remaining on your lease we estimate the premium for your lease extension to range between £14,300 and £16,400 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.
Whilst your website is a good idea there are many lawyers listed near Aberdare being on the lender conveyancing panel. Can you recommend a specific firm on the bank approved panel?
We do not recommend specific Aberdare firms as the right Aberdare conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Aberdare knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..