We are downsizing from our house in Mynydd Isa and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. A high street Mynydd Isa conveyancer would know that there is no such problem. It does beg the question why the purchasers instructed a factory type conveyancing practice rather than a conveyancing solicitor in Mynydd Isa. We have lived in Mynydd Isa for six years we know of no issue. Is it a good idea to contact our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing firm currently acting for you. What do they say? You should enquire of 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 life insurance to cover that same illness)
It has been 3 months following my purchase conveyancing in Mynydd Isa took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How can the Landlord & Tenant Act 1954 affect my commercial offices in Mynydd Isa and how can you help?
The 1954 Act gives a safeguard to commercial lessees, giving them the legal entitlement to make a request to court for a renewal tenancy and remain in occupation when the lease reaches an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Mynydd Isa is one of the many locations in which the firms we work with are based
My husband and I are FTB’s - had an offer accepted, but the estate agent informed us that the vendor will only move forward if we appoint their preferred conveyancers as they want an ‘expedited deal’. Our preferred option is to instruct a local conveyancer used to conveyancing in Mynydd Isa
We suspect that the owner is unaware of this request. Should the seller desire ‘a quick sale', alienating a genuine purchaser is not the way to achieve this. Contact the sellers directly and make sure they understand (a)you are keen to buy (b)you are ready to go, with finances in place © you are chain free (d) you wish to move quickly (e)however you will continue to appoint your own,trusted Mynydd Isa conveyancing lawyers - not the ones that will provide their estate agent a commission or hit his conveyancing thresholds set by HQ.
I am tempted by the attractive purchase price for a two flats in Mynydd Isa both have in the region of forty five years remaining on the lease term. should I be concerned?
There is no doubt about it. A leasehold apartment in Mynydd Isa is a deteriorating asset as a result of the reducing lease term. The nearer the lease gets to zero years unexpired, the more it adversely affects the salability of the premises. For most purchasers and mortgage companies, leases with under 75 years become less and less marketable. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a property with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Mynydd Isa conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.
I inherited a 1st floor flat in Mynydd Isa, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Mynydd Isa with over 90 years remaining are worth £180,000. The average or mid-range amount of ground rent is £65 per annum. The lease ceases on 21st October 2082
With only 58 years unexpired we estimate the price of your lease extension to range between £22,800 and £26,400 plus legals.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.
What is the best way to find the right lawyer for my conveyancing in Mynydd Isa ?
Option 1 is to ask your friends and family they would would instruct. Second, use a search tool on the web for conveyancing in Mynydd Isa. Telephone two or three from the list and request that they email you their conveyancing quote and speak to the lawyer who will conduct your conveyancing before you commit. Third is to make use of our search tool to help you find the right solicitors for you based on your unique requirements including location,speed, complexity and who your intended lender is.Resist the temptation to appoint £99 conveyancing solicitors in Mynydd Isa