I have 7378 less than 75 years remaining on my lease and require a lease extension for my apartment in Trefnant. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 25/7/2024 the requirements read as follows :
Will our solicitor be raising questions about flooding during the conveyancing in Trefnant.
The risk of flooding is if increasing concern for lawyers carrying out conveyancing in Trefnant. There are those who acquire a property in Trefnant, completely aware that at some time, it may be flooded. However, leaving to one side the physical destruction, if a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable insurance cover, or sell the property. Steps can be carried out during the course of a property purchase to forewarn the buyer.
Solicitors are not best placed to offer advice on flood risk, but there are a numerous checks that may be initiated by the buyer or on a buyer’s behalf which can give them a better understanding of the risks in Trefnant. The conventional set of property information forms sent to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard question of the owner to determine if the premises has suffered from flooding. If flooding has previously occurred which is not notified by the seller, then a purchaser could bring a legal claim for losses stemming from an misleading response. The buyer’s lawyers will also commission an environmental report. This should reveal whether there is any known flood risk. If so, more detailed investigations will need to be carried out.
The estate agent has sent us the confirmation of our purchase of a new build flat in Trefnant. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Trefnant
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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. Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
Due to the encouragement of my in-laws I had a survey completed on a property in Trefnant in advance of retaining conveyancers. I have been told that there is a flying freehold element to the property. My surveyor has said that some lenders may refuse to grant a mortgage on this type of house.
It depends who your proposed lender is. Lloyds has different instructions from Nationwide. If you e-mail us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Trefnant. Conveyancing will be smoother if you use a solicitor in Trefnant especially if they regularly deal with such properties in Trefnant.
I am selling my home. My former conveyancers closed down. I am in need of a recommendation of a conveyancing firm. Im based in Trefnant if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Trefnant. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
Am I best advised to go with a Trefnant conveyancing practitioner who is local to the property I am purchasing? We have a good friend who can carry out the conveyancing however his firm is located approximately 350kilometers drive away.
The primary upside of using a high street Trefnant conveyancing firm is that you can visit the firm to execute paperwork, deliver your ID and apply pressure on them where appropriate. They will also have local knowledge which is a plus. However it's more important to get someone that will do a good and efficient job. If if people you trust used your friend and they were happy that should surpass using an unfamiliar Trefnant conveyancing lawyer just because they are based in the area.