Just had an offer accepted on a new build apartment in Pencoed. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Pencoed
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Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply a car parking plan.
Due to the encouragement of my in-laws I had a survey completed on a house in Pencoed in advance of appointing solicitors. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies will refuse to issue a loan on such a property.
It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. If you call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Pencoed. Conveyancing will be smoother if you use a solicitor in Pencoed especially if they are acquainted with such properties in Pencoed.
I am downsizing from my property. My former lawyers have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Pencoed if that makes things easier.
You should use our search tool to help you choose a solicitor for your conveyancing in Pencoed. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
As co-executor for the will of my uncle I am selling a residence in Monmouth but live in Pencoed. My lawyer (based 260 miles from mehas requested that I sign a statutory declaration before completion. Could you suggest a conveyancing lawyer in Pencoed to witness and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are Pencoed based
I am hoping to put an offer on a small detached house that appears to meet my requirements, at a great price which is making it all the more appealing. I have since found out that the title is leasehold rather than freehold. I am assuming that there are issues buying a leasehold house in Pencoed. Conveyancing advisers have are soon to be appointed. Will they explain the issues?
The majority of houses in Pencoed are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can assist with the conveyancing process. it is apparent that you are buying in Pencoed in which case you should be shopping around for a Pencoed conveyancing solicitor and be sure that they have experience in advising on leasehold houses. First you will need to check the number of years remaining. Being a lessee you will not be at liberty to do whatever you want with the house. The lease will likely included provisions such as requiring the landlord’sconsent to conduct alterations. You may also be required to pay a contribution towards the upkeep of the estate where the property is part of an estate. Your solicitor will advise you fully on all the issues.
Leasehold Conveyancing in Pencoed - A selection of Queries before buying
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It is important to be aware whether window replacement or some other significant cost is anticipated that will be shared by the leasehold owners and will dramatically impact the level of the maintenance costs or require a one time invoice. The answer will be important as a) areas may result in problems in the block as the communal areas may start to deteriorate where repairs remain unpaid b) if the leaseholders have a dispute with the running of the building you will need to have full disclosure
Can a conveyancer remove a person from the title of my property in Pencoed ?
Subtracting or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a conveyancing practitioner to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a property lawyer