About to place an offer on a leasehold flat in Gwernaffield. The estate agents say that it is the norm for flats in Gwernaffield to have less than 75 years left on the lease. I am taking out a mortgage with Platform. Will the property be mortgageable given that the lease has Seventy One years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 9/5/2025 the requirements read as follows :
There is lots of information on this site regarding conveyancing in Gwernaffield but what is your top tip for choosing the right conveyancer in Gwernaffield
It would be unwise to be tempted by the cheapest Gwernaffield conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
Forgive me if this question is silly but I am unexperienced as FTB of a ground floor flat in Gwernaffield. Do I pick up the keys to the house on completion from my conveyancer? If this is the case, I will use a High Street conveyancing solicitor in Gwernaffield?
On the day of completion you will not be required to go to the conveyancers office in Gwernaffield. Your solicitors will transfer the completion advance to the seller's lawyers, and once they have received this, you should be invited to collect the keys from the property Agents and start moving into the property. Usually this happens early afternoon.
Principality have agreed my home loan in principle, my bid on a apartment in Gwernaffield has been accepted, what are the next steps?
The estate agent will wish to be advised as to your conveyancing practitioner's details (ensure that the property lawyers are on the lender’s panel). Telephone Principality or the financial adviser and finish off any relevant forms. Principality will sellect a valuer who will get in touch with the selling agent or owners to arrange a time for the valuation to occur. Once carried out (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. Principality will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Gwernaffield.
I opted to have a survey done on a property in Gwernaffield in advance of instructing conveyancers. I have been informed that there is a flying freehold aspect to the house. The surveyor has said that some banks may refuse to grant a loan on this type of property.
It varies from the lender to lender. Lloyds has different requirements from Halifax. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Gwernaffield. Conveyancing will be smoother if you use a solicitor in Gwernaffield especially if they regularly deal with such properties in Gwernaffield.
I am looking to sell my home. My previous conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Gwernaffield if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Gwernaffield. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Having checked my lease I have discovered that there are only Sixty One years remaining on my flat in Gwernaffield. I now want to get lease extension but my landlord is can not be found. What should I do?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the Court. You will be obliged to prove that you or your lawyers have made all reasonable attempts to locate the landlord. In some cases a specialist would be useful to try and locate and prepare a report to be used as evidence that the freeholder is indeed missing. It is advisable to get professional help from a conveyancer in relation to devolving into the landlord’s disappearance and the application to the County Court covering Gwernaffield.
Gwernaffield Leasehold Conveyancing - Sample of Questions you should consider before buying
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Many Gwernaffield leasehold apartments will incur a service charge for the upkeep of the block set on behalf of the landlord. If you buy the property you will have to meet this amount, normally periodically accross the year. This can differ from a couple of hundred pounds to thousands of pounds for bigger purpose-built blocks. In all probability there will be a ground rent for you to pay annual, normally this is not a significant figure, say approximately £50-£100 but you need to enquire as on occasion it can be surprisingly expensive. How many of the leaseholders are in arrears for their service charge payments? The prefered form of lease arrangement is a share of the freehold. In this situation the lessees enjoy being in charge if their destiny and even though a managing agent is usually retained if the building is bigger than a house conversion, the managing agent retained by the leaseholders.
Can a conveyancer remove someone from the title of my home in Gwernaffield ?
Removing or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a conveyancer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a conveyancing practitioner