I am in a contract race with another buyer for a property in Monmouthshire. What can I do to speed up the conveyancing process?
In the event that the seller is applying time constraints for your conveyancing it is highly recommended that your solicitor is familiar with the location as they will have local contacts and know-how. It is possible that they could have handled otherhouses in the same neighbourhood. Therefore consider using a Monmouthshire conveyancing lawyer. Second, double check that the lawyer is on the on the approved list for your mortgage company. It is claimed that 18% of Monmouthshire conveyancing transactions are held up or derailed after finding out that a buyer’s lawyer was not on their banks panel. In many cases this discovery resulted in the legal transfer of property being held up by as much as three weeks. It is said that this issue affects approximately 100,000 home moves annually. Many Monmouthshire conveyancing firms can not act for certain banks so do check as early as possible.
Is there a reason why leasehold purchase conveyancing in Monmouthshire is more expensive?
In summary, leasehold conveyancing in Monmouthshire and elsewhere usually necessitates more due diligence compared to freehold conveyancing. This includes lease investigation, communicating with the landlord concerning the service of appropriate notices, obtaining current service charge and management information, securing the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different owners have owned the lease since it was first granted.
About to place a bid on a leasehold property in Monmouthshire. The property agents say that it is the norm for flats in Monmouthshire to have less than 75 years remaining. I am taking out a loan with Platform. Is this going to be a problem if the lease has 72 years to go.
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 27/11/2025 the requirements read as follows :
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Monmouthshire is the location of the property. Can you shed any light on this issue?
Flying freeholds in Monmouthshire are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Monmouthshire you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Monmouthshire may determine 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 premises.
I'm converting the mortgage on my existing house to a BTL mortgage with Nottingham Building Society and intend to use the remaining equity towards another property. The neighborhood we are looking at is Monmouthshire. Will your lawyers be able to act for the two banks and tie in the two deals?
Do use our search tool on this page to ensure that the solicitors are approved by both banks. Having checked that they are the lawyer will be able to connect the two conveyancing matters but you should have a chat with you solicitor and make clear your expectations and requirements.
I need to find a conveyancing solicitor for remortgage conveyancing in Monmouthshire. I've land on a web site which looks to be the perfect solution If it is possible to get all this stuff completed via web that would be preferable. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?