It is a dozen years since I acquired my property in Caerleon. Conveyancing lawyers have recently been instructed on the sale but I am unable to locate the deeds. Will this jeopardise the sale?
You need not be too concerned. First the deeds may be kept by your lender or they may be archived with the solicitor who oversaw the purchase. Secondly the chances are that 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. The vast majority of conveyancing in Caerleon involves registered property but in the unlikely event that your home is unregistered it is more problematic but is not insurmountable.
My wife and I are downsizing from our property in Caerleon and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A high street Caerleon conveyancer would know this is not the case. For the life of me I don't know why the purchasers are using a national conveyancing practice as opposed to a conveyancing solicitor in Caerleon. Having lived in Caerleon for six years we know that this is a non issue. Do we get in touch with our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I have recentlybecome aware that Wolstenholmes have closed. They carried out my conveyancing in Caerleon for a purchase of a freehold house 9 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?
The quickest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Caerleon conveyancing specialists.
My business partner and I are intending to lease a unit on the high street. Can you recommend conveyancers offering no-sale-no costs for non-domestic conveyancing in Caerleon for under 1500k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Caerleon, including the disposal and acquisition of businesses as well as simply premises. Whether you are hoping to purchase or lease a shop, pub, restaurant, office, retail unit or a whole business we can find you the right lawyer. Regarding the charges these will vary based on the structure and heads of terms of the deal. Let us have your contact information or telephone us so that we may supply you with comprehensive commercial conveyancing calculation.
What makes a Caerleon lease problematic?
There is nothing unique about leasehold conveyancing in Caerleon. All leases are individual and drafting errors can result in certain sections are not included. The following missing provisions could result in a defective lease:
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Clauses dealing with recovering service charges for expenditure on the building or common parts.
A defective lease will likely cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Barclays , Virgin Money, and Britannia all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, obliging the buyer to withdraw.
I inherited a split level flat in Caerleon, conveyancing having been completed in 2001. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Caerleon with over 90 years remaining are worth £265,000. The average or mid-range amount of ground rent is £50 per annum. The lease finishes on 21st October 2101
With only 76 years left to run we estimate the price of your lease extension to be between £8,600 and £9,800 as well as legals.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.
We are about to buying a property in Caerleon. Conveyancing is not over but we wish to have our transaction price a secret from sites such as Zoopla. what can I do to make sure this is not revealed?
HM Land Registry by statute are obliged to disclose price paid information on the official title for residential properties countrywide which includes homes in Caerleon. The register of title is a public document, so HMLR would be breaching their statutory obligations if they failed to allow access to the register.
In essence you can make a request of the Land Registry to withhold the amount paid entry yet the answer would be in the negative.