We are a couple about to sign contracts for a semi detached house in Conwy. We encountered a snag. The mortgage offer with Accord Mortgages Ltd runs out on 8/6/2026 but the owners are suggesting a completion date of 10/6/2026. Is it possible to extend the mortgage expiry date?
The best person to address this issue is your lawyer who is in a position to determine whether he or she is corresponding with the mortgage broker, owner’s representatives, property agents or indeed all three based on the history of your conveyancing as of today.
I am the registered owner of a freehold residence in Conwy but still charged rent, why is this and what is this?
It’s unusual for properties in Conwy and has limited impact for conveyancing in Conwy 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 date back hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Previous 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.
I am purchasing a terraced house in Conwy. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Conwy you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Conwy.
A friend advised me that in buying a property in Conwy there may be a number of restrictions prohibiting external changes to a property. Is this right?
We are aware of anumerous of properties in Conwy which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Conwy should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I happen to be the single beneficiary of my late grandmother’s estate with all property in now in my sole name, including the house in Conwy. The Conwy property was put into my name in March. I plan to dispose of the property. I do know about the CML 6 month 'rule', which means that my proprietorship could be treated the same way as if I'd bought the house in March. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. How practical a view mortgage companies take of it, depend on the lender as this provision principally exists to identify subsales or the wholesaling and assigning of property.
How can we tell if a Conwy conveyancing solicitor on the Santander panel is any good?
When it comes to conveyancing in Conwy obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor conducting your conveyancing.
Are there restrictive covenants that are commonly picked up during conveyancing in Conwy?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Conwy. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
All being well we will complete our sale of a £400,000 maisonette in Conwy next week. The management company has quoted £396 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Conwy?
For the majority of leasehold sales in Conwy conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Completing pre-contract questions
Where consent is required before sale in Conwy
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I inherited a basement flat in Conwy, conveyancing was carried out September 2007. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Conwy with over 90 years remaining are worth £260,000. The ground rent is £45 invoiced every year. The lease ends on 21st October 2101
With just 75 years unexpired we estimate the price of your lease extension to be between £8,600 and £9,800 plus costs.
The figure above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.