We see that you have a search directory listing law firms on the Lloyds conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Bedwas?
We are a listing service only for law firms wishing to communicate if they are on the Lloyds conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bedwas.
My wife and I purchased a 4 bedroom Victorian property in Bedwas. Conveyancing practitioner represented me and Halifax. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold with the exact same property. Is it worth asking Halifax to clarify?
You should assess the Freehold register you have again and check the Charges Register for 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 Bedwas and other locations in 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 enquire as to the position with the conveyancing lawyer who conducted the work.
How does conveyancing in Bedwas differ for new build properties?
Most buyers of new build residence in Bedwas contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because house builders in Bedwas tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Bedwas or who has acted in the same development.
What does commercial conveyancing in Bedwas cover?
Bedwas conveyancing for business premises covers a broad range of services, provided by regulated solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
There are only 62 years unexpired on my lease in Bedwas. I now wish to extend my lease but my freeholder is absent. What should I do?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the Court. However, you will be required to demonstrate that you or your lawyers have used your best endeavours to find the lessor. In some cases a specialist would be helpful to conduct investigations and to produce a report which can be used as proof that the landlord can not be located. It is advisable to get professional help from a solicitor both on investigating the landlord’s absence and the vesting order request to the County Court covering Bedwas.
I bought a leasehold flat in Bedwas, conveyancing was carried out February 1995. Can you work out an approximate cost of a lease extension? Comparable properties in Bedwas with over 90 years remaining are worth £186,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease runs out on 21st October 2072
With just 52 years unexpired we estimate the price of your lease extension to be between £29,500 and £34,000 plus plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.
I have recently had an offer accepted on an apartment in Bedwas and the broker that we are using recommended his solicitor. He quoted £900 plus VAT and disbursements. Does this sound reasonable?
You should not rely on one estimate. One should obtain like-for-like quotes for your conveyancing in Bedwas. Then select one that you trust and crucially, is on the approved list of the bank that you have applied for a mortgage from.