My partner’s step-father is a property lawyer. I suspect that I will receive mate’s rates for conveyancing, but if not, what level of figure should I be paying for conveyancing in Hirwaun?
It’s a good idea to seek two or three conveyancing estimates. Make use of our search tool on this page. Whilst amounts seem to contrast greatly but the service one can expect are distinct between law firms as is true with most professions.
Completed the sale of my flat in Hirwaun last December yet the purchaser is e-mailing me to moan that his solicitor needs to hear from mine. What should have happened now that I have sold?
Post completion of your disposal your conveyancer is duty bound to deliver the transfer documentation and all supplemental paperwork to the buyer’s lawyers. Depending on the transaction, your conveyancer should also send confirmation that the home loan has been repaid to the buyers conveyancers. There is unlikely to be post completion procedures peculiar conveyancing in Hirwaun.
I have been told that property searches are the primary reason for obstruction in Hirwaun conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays in the conveyancing process. Searches are not likely to feature in any slowing down conveyancing in Hirwaun.
4 months have elapsed following my purchase conveyancing in Hirwaun completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am looking for a ground for flat up to £245,000 and identified one close by in Hirwaun I like with a park and transport links in the vicinity, however it's only got 49 years on the lease. I can't really find anything else in Hirwaun for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a home loan the shortness of the lease will likely be a potential deal breaker. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years 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 consult your conveyancing lawyer regarding this matter.
I am in need of some leasehold conveyancing in Hirwaun. Before I set the wheels in motion I want to be sure as to the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and almost all are in Hirwaun - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I purchased a leasehold flat in Hirwaun, conveyancing formalities finalised half a dozen years ago. 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? Comparable flats in Hirwaun with an extended lease are worth £206,000. The ground rent is £45 invoiced every year. The lease expires on 21st October 2092
With 67 years left to run we estimate the premium for your lease extension to range between £10,500 and £12,000 as well as legals.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.