Our family lawyer has given a fee estimate £1200 for no move no fee conveyancing in Llandovery. I am looking to sell a purpose built property for £300,000. This appears too much. Is it in excess of what I should be paying for conveyancing in Llandovery?
The charges are a tad high. If you shop around you may be able to get the conveyancing a bit cheaper by say a hundred pounds. That being said, you couldcome to regret choosing an an unknown lawyer. If is important to check the solicitor can represent your lender. You can use our comparison tool to choose a Llandovery conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Llandovery.
My wife and I are soon to complete buying a house in Llandovery but as a consequence of wreckage from the recent storms I have managed to agree recompense from the owner in the sum of £3k in the form of a reduction in the price. This was going to be dealt with as part of amending the contract however Virgin Money are not allowing this. Should they have been informed?
Any lawyer being on the Virgin Money approved list is duty bound to disclose to Virgin Money of any variations to the purchase price. If you prohibit your conveyancer to disclose the reduction to Virgin Money then they would have to discontinue acting for you. In addition, Virgin Money and you would have to appoint a new lawyer for your conveyancing in Llandovery.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Llandovery. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 6/7/2025, the requirements read as follows :
Despite weeks of looking the Title Certificate and documents to my house can not be found. The conveyancers who handled the conveyancing in Llandovery 10 years ago have long since closed. What are my next steps?
Nowadays there are copies made of almost everything, and your conveyancer should know precisely where to locate all the relevant paperwork so you can purchase or dispose of your house without any difficulty. Where copies are not available, your conveyancer may be able to put in place insurance or indemnities protecting you against future claims on your property.
I opted to have a survey completed on a house in Llandovery in advance of instructing conveyancers. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some banks may not give a loan on this type of house.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Nationwide. Should you wish to telephone us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Llandovery. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Llandovery to see if the conveyancing costs will increase in light of this.
I today plan to offer on a house that seems to tick a lot of boxes, at a great figure which is making it all the more appealing. I have subsequently discovered that it's a leasehold rather than freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Llandovery. Conveyancing advisers have not yet been instructed. Will they explain the issues?
Most houses in Llandovery are freehold rather than leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can help the conveyancing process. We note that you are buying in Llandovery so you should seriously consider shopping around for a Llandovery conveyancing solicitor and check that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want with the house. The lease comes with conditions for example obtaining the landlord’sconsent to conduct alterations. It may be necessary to pay a contribution towards the maintenance of the estate where the property is part of an estate. Your lawyer should report to you on the legal implications.
I am the registered owner of a 1st floor flat in Llandovery, conveyancing formalities finalised October 2001. How much will my lease extension cost? Comparable flats in Llandovery with a long lease are worth £186,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease terminates on 21st October 2078
With only 53 years remaining on your lease we estimate the price of your lease extension to span between £27,600 and £31,800 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.