My partner and I are buying a brand new duplex in Abertridwr and my solicitor is informing me that she has to the bank to disclose incentives from the seller. I am under pressure to exchange and I don't want to prolong the conveyancing. Is my lawyer right?

You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

I have been told that property searches are the main reason for hinderance in Abertridwr conveyancing transactions. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any slowing down conveyancing in Abertridwr.

How simple is it to switch conveyancer as I need to choose one who is on the Nationwide Building Society conveyancing list. I had appointed a high street conveyancing solicitor in Abertridwr five minutes from me but she is not approved by Nationwide Building Society

We will our best to assist in finding you a conveyancing solicitor in Abertridwr on the Nationwide Building Society panel. Please note that the solicitors that we list do not pay us fee if you instruct them and are authorised and regulated by the SRA who regulate all conveyancing solicitors in Abertridwr. In utilising search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Abertridwr.

In surfing the internet for the phrase on line conveyancing in Abertridwr it reveals many property lawyersin the area. With so much choice what is the best way to find the suitable conveyancing solicitor for purchase transaction?

The best method of finding the right conveyancer is through a trusted referral, so ask friends and family who have bought a property in Abertridwr or the local estate agent or financial adviser. Costs for conveyancing in Abertridwr vary, so it's sensible to request at least four estimates from varying types of law firms. Dont forget to clarify that the fees are fixed.

I’m about to sell my basement apartment in Abertridwr. Conveyancing has not commenced, however I have just received a yearly service charge invoice – Do I pay up?

Your conveyancing lawyer is likely to suggest that you should clear the service charge as you normally would because all ground rent and service invoices should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I acquired a leasehold flat in Abertridwr, conveyancing was carried out 9 years ago. Can you work out an approximate cost of a lease extension? Equivalent properties in Abertridwr with a long lease are worth £195,000. The ground rent is £45 per annum. The lease comes to an end on 21st October 2089

With only 64 years unexpired we estimate the premium for your lease extension to range between £14,300 and £16,400 plus costs.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.