We are nearing an exchange on a flat in Taffs Well and my mum and dad have sent the 10% deposit to my property lawyer. I am now advised that as the deposit has been received from someone other than me my property lawyer needs to make a notification to my lender. Apparently, in also acting for the mortgage company he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the mortgage company regarding my parents' contribution when I applied for the mortgage, so is it really necessary for this now to be an issue?
The lawyer is obliged to check with the bank to make sure that they know that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
I am close to exchanging contracts on the sale of our property in Taffs Well and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any high street Taffs Well lawyer would know this is not the case. It does beg the question why the purchasers instructed a national conveyancing firm rather than a conveyancing solicitor in Taffs Well. Having lived in Taffs Well for 5 years we know of no issue. Should we get in touch with our local Authority to seek clarification that there is no issue.
It would appear that you have a conveyancing firm already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I am buying a new build flat in Taffs Well. 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 legal work.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Taffs Well
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are architect prepared. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
I am downsizing from my home. My past conveyancers closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Taffs Well if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Taffs Well. 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.
Having had my offer accepted I require leasehold conveyancing in Taffs Well. Before diving in I would like to find out the remaining lease term.
Assuming the lease is registered - and most are in Taffs Well - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I purchased a leasehold flat in Taffs Well, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable properties in Taffs Well with an extended lease are worth £201,000. The ground rent is £45 invoiced every year. The lease runs out on 21st October 2091
With just 65 years left to run the likely cost is going to be between £13,300 and £15,400 as well as legals.
The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.
My a decade ago. He has got wed, widowed and in recent months got married again. He now wants to dispose of the Taffs Well property. I think he will simply be asked to provide a copy of his marriage certificates to the conveyancer but he is anxious it could hold up the sale of the property. Should he appoint a property lawyer to update the Land Registry documents for the house?
It is not absolutely necessary to bring up to date the register on the basis that you have the proof required to show how the name change occurred.
Any buyer’s lawyer should review the title details and requisition evidence to prove the name change for example marriage certificates.