Do the conveyancing lawyers that you recommend execute attended exchange conveyancing in Chepstow?
There are a few conveyancing specialists carrying out attended exchanges. Do e-mail us to receive a costs illustration and details as to dates.
I own a semi-detached Georgian property in Chepstow. Conveyancing practitioner represented me and Skipton Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the matching address. Is it worth asking Skipton Building Society to clarify?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Chepstow and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with the conveyancing lawyer who conducted the conveyancing.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one round the corner in Chepstow I like with open areas and transport links in the vicinity, however it's only got 52 remaining years left on the lease. There is not much else in Chepstow suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage the remaining unexpired lease term may 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 a minimum of 2 years you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
We're FTB’s - agreed a price, yet the agent advised that the vendor will only issue a contract if we appoint their recommended conveyancers as they are insisting on an ‘expedited deal’. We would rather use a local solicitor used to conveyancing in Chepstow
It is improbable the vendors are behind this. If they desire ‘a quick sale', turning down a genuine buyer is not the way to achieve this. Try to communicate with the owners directly and explain that (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you are going to appoint your own,trusted Chepstow conveyancing lawyers - not the ones that will provide their estate agent a kickback or meet his conveyancing thresholds set by HQ.
My husband and I may need to sub-let our Chepstow 1st floor flat temporarily due to taking a sabbatical. We used a Chepstow conveyancing firm in 2001 but they have closed and we did not have the foresight to get any guidance as to whether the lease allows us to sublet. How do we find out?
A small minority of properties in Chepstow do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably refuse but, in such cases, they would need to see references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.
I inherited a leasehold flat in Chepstow, conveyancing was carried out August 1999. How much will my lease extension cost? Comparable flats in Chepstow with a long lease are worth £185,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease ends on 21st October 2084
You have 60 years remaining on your lease we estimate the premium for your lease extension to range between £20,000 and £23,000 plus legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.
What can I do where I am dissatisfied with the conveyancer who conducted my conveyancing in Chepstow?
We live in an imperfect world, and is is a fact of life that every so often things do go wrong. However there is recourse where you were not happy with your conveyancing in Chepstow. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their governing body. If you remain unhappy you may consider enlisting the help of the Legal Ombudsman.