We were just about to exchange contracts for a semi detached house in Bargoed. We encountered a stumbling block. The loan offer with Leeds Building Society expires on 23/3/2026 but the owners are putting forward a completion date of 25/3/2026. Can one extend the mortgage expiry date?
The person best placed to address this concern is your conveyancer who will determine whether they should be discussing with the bank, vendor’s lawyers, selling agents or indeed all parties taking into account the circumstances your conveyancing to date.
I purchased a freehold property in Bargoed but nevertheless charged rent, why is this and what is this?
It is rare for properties in Bargoed and has limited impact for conveyancing in Bargoed but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
Is there a search tool that I can use to check that the solicitor carrying out my conveyancing in Bargoed is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Ireland thus spending £192.00 in further conveyancing bill.
Feel free to make the most of the search tool on this web page. Please choose the lender and type ‘Bargoed’ or your location and you will see numerous conveyancers offices in Bargoed or by proximity to you.
We are planning to move house in February. Should my conveyancing solicitor liaise with the removal company on the day of completion. Incidentally, can you put forward a removal company in Bargoed. Conveyancing lawyer was chosen prior to coming across your site.
On the afternoon of completion you will need to collect the house keys from your property agent but this should only take place when the sellers lawyers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be collected. After that you should advise the removal company that you are ready to move in. We are not in a position to suggest a specific removal organisation but can help you find a residential property solicitor in Bargoed or a solicitor that specialises in conveyancing in Bargoed.
I am being advised by my lawyer that defective lease insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Bargoed?
The appropriate level of defective lease indemnity insurance depends on who your lender is. It would differ for example between National Westminster Bank and Virgin Money. Conveyancing lawyers as opposed to borrowers take out such insurances.
I have a mortgage with Nottingham for my property in Bargoed. Conveyancing has been completed some time ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Nottingham?
Nottingham must be informed of your intention in advance of renting your property as this is likely to be a breach of Nottingham’s mortgage conditions. It may be that Nottingham will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nottingham directly. You need not do this via a Nottingham conveyancing panel lawyer.
I own a 4 bedroom Victorian house in Bargoed. Conveyancing practitioner acted for me and Coventry Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bargoed and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with your conveyancing practitioner who carried out the work.
I am a sole trader looking to take over a lease of a shop on a shopping parade. Can you recommend solicitors offering fixed charges for non-domestic conveyancing in Bargoed for below 2k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Bargoed, including the disposal and acquisition of businesses as well as simply property. If you are intending to acquire or sell a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right lawyer. As for the fees these will vary based on the structure and complexity of the deal. Please provide us with your contact information or email so as to enable us to furnish you with a fixed commercial conveyancing calculation.