I have given 8 weeks notice to my existing landlord and have to vacate my rented flat in Radyr by 1/4/2026. Conveyancing for my house purchase is underway. Is it possible to complete in six weeks as I wish to avoid having to find temporary accommodation?
Generally one should not provide notice for your lease unless you have exchanged. Assuming that you have not previously done so, speak to your conveyancer and urge them to they cajole the owners lawyers, try to get a realistic time scale from them that all parties will aim towards
I am buying a new build flat in Radyr. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Radyr
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Please confirm the Lease plans are surveyor prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I am looking for a flat up to £305k and found one near me in Radyr I like with open areas and station in the vicinity, the downside is that it only has 51 years on the lease. I can't really find anything else in Radyr in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term 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 premises 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 existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
I am four weeks into a freehold purchase having been directed to conveyancers by the high street agent to execute conveyancing in Radyr. We are not happy. Could you help me find new solicitors?
They would have to be really bad to suggest diss instructing them. Has your loan offer been issued? In the event that it has you must make them aware of the new contact details and ensure the loan are re-issued. Your conveyancer should be on the banks approved list to avoid escalating fees and complications. That should be your starting point. Our search tool should assist you in finding a lender approved solicitor for your conveyancing in Radyr
I've found a house that appears to tick a lot of boxes, at a great figure which is making it all the more appealing. I have since discovered that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns purchasing a leasehold house in Radyr. Conveyancing solicitors have are about to be instructed. Will my lawyers set out the risks of buying a leasehold house in Radyr ?
The majority of houses in Radyr are freehold rather than leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can assist with the conveyancing process. We note that you are purchasing in Radyr in which case you should be shopping around for a Radyr conveyancing solicitor and check that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a leaseholder you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example obtaining the landlord’spermission to conduct changes to the property. It may be necessary to pay a contribution towards the maintenance of the estate where the property is part of an estate. Your solicitor will report to you on the legal implications.
I own a ground floor flat in Radyr, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Radyr with over 90 years remaining are worth £185,000. The average or mid-range amount of ground rent is £65 yearly. The lease finishes on 21st October 2086
With only 60 years remaining on your lease the likely cost is going to span between £20,000 and £23,000 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.
We are in the throes of selling our flat in Radyr. Conveyancing is fine but we are being charged an extortionate amount by the managing agents. To date we have issued a cheque for £295.50 for a leasehold management pack and then another £200 plus VAT for responses to questions raised by the buyers conveyancing practitioner.
You will not have control over the extent of the fee for this information however the typical costs for the information for Radyr leasehold premises is £355. For Radyr conveyancing transactions it is usual for the owner to pay for these costs. The landlord or their agents are under no statutory obligation to address such questions most will agree to do so - albeit often at high prices disproportionate to the work involved. Regretfully there is no statute that requires fixed fees for administrative tasks. There is no legal time frame by which they are required to issue answers.