Are there restrictive covenants that are commonly identified as part of conveyancing in St Fagans?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in St Fagans. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the guidance of my in-laws I had a survey completed on a property in St Fagans in advance of retaining solicitors. I have been advised that there is a flying freehold element to the house. The surveyor advised that some lenders will refuse to grant a mortgage on a flying freehold home.
It depends who your proposed lender is. Santander has different requirements for example to Birmingham Midshires. 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 help as they are accustomed to dealing with flying freeholds in St Fagans. Conveyancing will be smoother if you use a solicitor in St Fagans especially if they regularly deal with such properties in St Fagans.
I'm converting the mortgage on my existing home to a BTL loan with Bank of Scotland and intend to use the remaining equity as a down payment on further property. The area we are looking at is St Fagans. Will your conveyancers be able to act for the two mortgage companies and tie in the transactions?
Make use of our comparison tool on this page to ensure that the lawyers are on the appropriate lender panels. On the basis that they are your conveyancer should be able to connect the two conveyancing matters but you should talk with you conveyancer and make clear your desired outcome and needs.
I need to instruct a conveyancing lawyer in St Fagans for my house move. Is there any facility to see a solicitor's complaints history with the profession’s regulator?
Anyone may find presented Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The SRA could monitor telephone calls for training reasons.
I am employed by a reputable estate agency in St Fagans where we see a number of flat sales put at risk due to short leases. I have received inconsistent advice from local St Fagans conveyancing firms. Can you clarify whether the owner of a flat can start the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the sale.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Leasehold Conveyancing in St Fagans - Sample of Queries Prior to buying
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Are any of leasehold owners in arrears of their service charge payments? What is the annual service fee and ground rent? It is important to be aware whether redecorating or some other major work is coming up to be shared by the leasehold owners and could well dramatically increase the the maintenance fees or result in a one time payment.
Online reading suggests that St Fagans solicitors are more costly than licensed conveyancers in St Fagans to use when purchasing a property. So is it better if I use a conveyancer or a solicitor if I am buying a house in St Fagans.
When it comes to conveyancing in St Fagans the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.