We see that you have a search directory listing law firms on the Clydesdale conveyancing panel. Do companies pay you a referral fee if I appoint them for our own conveyancing in Caldicot?
We are a listing service only for law firms wishing to communicate if they are on the Clydesdale conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Caldicot.
I am close to exchanging contracts on the sale of our property in Caldicot and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. Any local lawyer would know this is not the case. For the life of me I don't know why the buyers instructed a web based conveyancing practice rather than a conveyancing solicitor in Caldicot. Having lived in Caldicot for six years we know that this is a non issue. Should we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You must check with 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 health insurance to cover that same illness)
Despite weeks of looking the Title Certificate and documents to my house can not be found. The conveyancers who handled the conveyancing in Caldicot 5 years ago have long since closed. What are my options?
These day there are copies made of almost everything, and your lawyer will be aware exactly where to look for all the relevant paperwork so you may buy or sell your house without a hitch. If duplicates can’t be located, your solicitor can arrange cover in the form of insurance or indemnities against future claims on the premises.
I am looking for a flat up to £195,000 and found one round the corner in Caldicot I like with a park and railway links in the vicinity, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in Caldicot suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a mortgage that many years will be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you may request that they 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 speak to your conveyancing lawyer regarding this.
In my capacity as executor for the will of my aunt I am disposing of a residence in Neath but live in Caldicot. My conveyancer (based 300 miles from mehas requested that I execute a stat dec prior to the transaction finalising. Can you recommend a conveyancing practitioner in Caldicot to witness and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are located in Caldicot
I am hoping to put an offer on a small detached house that seems to be perfect, at a great price which is making it all the more appealing. I have just been informed that the title is leasehold as opposed to freehold. I am assuming that there are particular concerns buying a leasehold house in Caldicot. Conveyancing lawyers have not yet been instructed. Will my lawyers set out the risks of buying a leasehold house in Caldicot ?
Most houses in Caldicot are freehold rather than leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are purchasing in Caldicot in which case you should be looking for a Caldicot conveyancing solicitor and check that they are used to advising on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a tenant you will not be entirely free to do whatever you want with the house. The lease comes with conditions such as requiring the freeholder’sconsent to carry out alterations. You may also be required to pay a service charge towards the maintenance of the communal areas where the house is part of an estate. Your lawyer should appraise you on the various issues.
I acquired a ground floor flat in Caldicot, conveyancing formalities finalised half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Caldicot with a long lease are worth £195,000. The ground rent is £45 yearly. The lease comes to an end on 21st October 2088
You have 63 years left to run the likely cost is going to be between £16,200 and £18,600 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.