Our Blackwood lawyer has uncovered a discrepancy between the surveyor’s assumptions in the valuation report and what is revealed within the title deeds. My lawyer has advised that he is obliged to check that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s stance legitimate?
Your solicitor must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Why is leasehold purchase conveyancing in Blackwood is more expensive?
The conveyancing fees on a leasehold property in Blackwood is often greater when contrasted to a freehold residence. This is due to the supplemental time necessary in corresponding with the freeholder and management company to obtain evidence about whether the rent and maintenance charges have been cleared and whether there are any large sums expected to be spent in the near future on repairs or maintenance of the building.
Have just purchased a probate house at auction in Blackwood. Conveyancing is required. What is next?
Now that you are exchanged you will need to choose a conveyancing lawyer quickly as you are faced with a tight deadline in which to complete the deal. Every auction property should have a bespoke legal set of papers. This will include the copy title deeds, local authority and drainage searches. If you have purchased leasehold premises the auction pack may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You must hand this to your appointed conveyancing solicitor ASAP. You also need to ensure that your finances are organised to complete on the on the contractual date .
Can you point me to a directory of Bank of Ireland panel solicitors in Blackwood on the Building Society Association’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. A small selection of mortgage companies make their panel listings visible online. If you are looking for a Blackwood lawyer on the Bank of Ireland please use our facility.
How can we know in advance if a Blackwood conveyancing solicitor on the Bank of Ireland panel is any good?
When it comes to conveyancing in Blackwood obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the lawyer conducting your transaction.
Me and my brother have a semi-detached Victorian house in Blackwood. Conveyancing solicitor represented me and Nottingham Building Society. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold with the matching address. I'd like to know for sure, how can I find out??
You should review 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 Blackwood and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with the conveyancing practitioner who completed the work.
I own a leasehold flat in Blackwood. Conveyancing and Coventry Building Society mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing practitioner in Blackwood who previously acted has now retired. Any advice?
The first thing you should do is contact the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Blackwood conveyancing lawyer to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I invested in buying a ground floor flat in Blackwood, conveyancing was carried out in 2001. 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? Similar flats in Blackwood with over 90 years remaining are worth £255,000. The average or mid-range amount of ground rent is £45 levied per year. The lease finishes on 21st October 2098
You have 73 years left to run we estimate the price of your lease extension to span between £8,600 and £9,800 as well as legals.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.
My fiance and I have just discovered that one of the directors of the law firm handling the purchase conveyancing in Blackwood is related to the vendor. Is this acceptable?
As long as no conflict arises this should be fine. If you are needing a home loan then the bank may have a say as many banks have specific instructions concerning this. For example for RBS- First Active as of 14/6/2025, the requirements read as follows :