Do the conveyancing solicitors identified via your ’find a lawyer’ tool perform right to buy conveyancing in Llandough?
We work with plenty of conveyancing firms who can service right to buy conveyancing matters You should get in touch with us in order to get a costs calculation.
Over the last few months I have been searching for a ground for flat up to £245,000 and found one round the corner in Llandough I like with open areas and station nearby, the downside is that it only has 49 remaining years left on the lease. There is not much else in Llandough suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan the shortness of the lease will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you could 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 existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
Am I right to be concerned by 3rd parties that I am dealing with are recommending an internet conveyancing firm as opposed to a local Llandough conveyancing firm?
As is the case with lots of professional services, often referrals from family and friends can be most helpful. Yet there are numerous parties with a keen interest in a conveyancing deal; estate agents, financial adviser and mortgage companies might all put forward solicitors to instruct. Sometimes these solicitors might be known to one of the organisations as one of the best in their field, but sometimes there exists a commercial relationship behind the recommendation. You have the right to choose your preferred lawyer. Don't forget that many lenders specify a panel list of lawyers you have to use for the lender related work in your conveyancing.
As co-executor for the estate of my aunt I am disposing of a property in Cardiff but I am based in Llandough. My conveyancer (who is 260 kilometers from mehas requested that I sign a stat dec prior to completion. Could you suggest a conveyancing solicitor in Llandough who can attest and place their company stamp on the document?
strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are located in Llandough
Having had my offer accepted I require leasehold conveyancing in Llandough. Before I get started I require certainty as to the remaining lease term.
If the lease is recorded at the land registry - and almost all are in Llandough - 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 am the registered owner of a leasehold flat in Llandough, conveyancing formalities finalised half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Llandough with over 90 years remaining are worth £190,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease expires on 21st October 2086
You have 61 years left to run we estimate the premium for your lease extension to span between £19,000 and £22,000 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.
We have been informed by many family members that it should take six to eight weeks for Llandough conveyancing to complete.This was a month ago. The draft contract was only forwarded to my property lawyer last week so now does it countdown?
There is no official countdown for conveyancing in Llandough, or any location. You just have to make sure your finances are in place and in due course the rest will come to you eventually.