Do the conveyancing solicitors Indexed on your site carry out auction conveyancing in Glan Conwy?
There are a number of auction lawyers we can connect you with those who can conduct auction conveyancing. Glan Conwy is just one of hundreds of locations where our lawyers cover.
I purchased a freehold residence in Glan Conwy yet pay rent, why is this and what is this?
It’s unusual for properties in Glan Conwy and has limited impact for conveyancing in Glan 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 many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a simple, no chain conveyancing. Glan Conwy is where the house is located. Can you shed any light on this issue?
Flying freeholds in Glan Conwy are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Glan Conwy you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Glan Conwy may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
What does commercial conveyancing in Glan Conwy cover?
Non domestic conveyancing in Glan Conwy incorporates a wide array of advice, offered by qualified solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
As co-executor for the will of my uncle I am disposing of a house in Newport but I am based in Glan Conwy. My conveyancer (based 200 miles from meneeds me to execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing practitioner in Glan Conwy who can witness this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are Glan Conwy based
My partner and I may need to rent out our Glan Conwy ground floor flat temporarily due to a new job. We instructed a Glan Conwy conveyancing practice in 2001 but they have closed and we did not think at the time seek any advice as to whether the lease prohibits the subletting of the flat. How do we find out?
Your lease governs the relationship between the landlord and you the flat owner; specifically, it will set out if subletting is not allowed, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no specific ban or restriction, subletting is allowed. The majority of leases in Glan Conwy do not prevent subletting altogether – such a provision would adversely affect the market value the flat. In most cases there is a basic requirement that the owner notifies the freeholder, possibly supplying a duplicate of the tenancy agreement.
I bought a 1st floor flat in Glan Conwy, conveyancing having been completed 10 years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Glan Conwy with a long lease are worth £195,000. The ground rent is £45 invoiced annually. The lease comes to an end on 21st October 2088
You have 63 years unexpired we estimate the premium for your lease extension to be between £16,200 and £18,600 plus professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.