We instructed a high street lawyer for my conveyancing in Cefn Mawr recently. Upon checking the official terms of business I seewe are on the hook for fees even if the dealfalls through. Should I ditch them and choose a web based firm who offer no-sale-no-fee conveyancing in Cefn Mawr?
Generally there is a compromise along the lines that if "No Sale No Fee" is advertised then the conveyancing charges will tend to be be higher to cover those cases that fail to complete. Also remember that such deals rarely cover expenses for example Cefn Mawr conveyancing search costs.
I am about to put an offer on a leasehold apartment in Cefn Mawr. The selling agents say that it is the norm for flats in Cefn Mawr to have less than 75 years unexpired on the lease. I am obtaining a loan with Tesco Bank. Is this going to be a problem if the lease has Seventy One years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 4/3/2025 the requirements read as follows :
Me and my brother have a terraced Victorian property in Cefn Mawr. Conveyancing lawyer acted for me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold with the matching address. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Cefn Mawr and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with the conveyancing solicitor who conducted the conveyancing.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Cefn Mawr. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Cefn Mawr
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are surveyor prepared. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
Due to the input of my in-laws I had a survey completed on a house in Cefn Mawr ahead of instructing conveyancers. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some lenders will not give a mortgage on this type of home.
It varies from the lender to lender. Lloyds has different requirements from Nationwide. If you e-mail us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Cefn Mawr. Conveyancing will be smoother if you use a solicitor in Cefn Mawr especially if they regularly deal with such properties in Cefn Mawr.
When it comes to my conveyancing in Cefn Mawr should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Cefn Mawr conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancing practitioner's time in submitting the funds this way.