Completed the sale of my flat in Monmouth last November yet the purchaser is whats apping every few hours to say her solicitor needs to hear from mine. What should have happened now that I have sold?

After completion of your disposal your solicitor should deliver the transfer documentation and all of the paperwork to the buyer’s lawyers. Where relevant, your lawyer should also send confirmation that the mortgage has been discharged to the buyers lawyers. There is unlikely to be post completion formalities peculiar conveyancing in Monmouth.

Are there restrictive covenants that are commonly identified during conveyancing in Monmouth?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Monmouth. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

How does conveyancing in Monmouth differ for new build properties?

Most buyers of new build residence in Monmouth come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is finished. This is because builders in Monmouth usually buy the land, 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 property lawyers 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 used to new build conveyancing in Monmouth or who has acted in the same development.

I am the registered owner of a garden flat in Monmouth, conveyancing having been completed in 1995. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Monmouth with a long lease are worth £165,000. The ground rent is £45 levied per year. The lease ends on 21st October 50

With just 50 years left to run the likely cost is going to be between £36,100 and £41,800 plus professional fees.

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 comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.

Online reading suggests that Monmouth solicitors are more expensive than Monmouth conveyancers in Monmouth when it comes to purchasing a property. Am I better off using a conveyancer or a solicitor where I am buying a house in Monmouth.

When it comes to conveyancing in Monmouth the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.