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Ready to buy a new home in Nantyglo? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Nantyglo transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Nantyglo

I have given 2 months notice to my current landlord and must leave my let out property in Nantyglo by the end of next month. Conveyancing on my purchase is underway. Is it possible to complete in 4 weeks as I wish to avoid having to find short term accommodation?

Generally one should not give notice on a rental unless your lawyer suggests that you should. Assuming that you have not already done so, contact to your lawyer and urge them to they seek the assistance the owners lawyers, try to get a realistic time scale from them that everyone will look to achieve

Will conveyancers request an advanced payment for my conveyancing in Nantyglo?

Where you are retaining lawyers for conveyancing in Nantyglo your solicitor will ask you place them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any down payment is as part of the purchase price then this should be asked for shortly in advance of exchange of contracts. The final balance that is due should be sent to your lawyer a couple of days prior to the day of completion.

Due to the advice of my in-laws I had a survey completed on a house in Nantyglo in advance of retaining conveyancers. I have been informed that there is a flying freehold element to the house. The surveyor has said that some lenders will refuse to issue a mortgage on this type of property.

It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Nantyglo. Conveyancing may be slightly more expensive based on your lender's requirements.

I'm remortgaging my primary property to a buy to let mortgage with Virgin Money and intend to use the remaining equity as a deposit on further property. The neighborhood we are talking about is Nantyglo. Will your solicitors be able to act for both sets of lenders and link together the transactions?

Do use our comparison tool on this site to check that the lawyers are approved by both lenders. Having checked that they are the solicitor should be able to simultaneously deal with the two deals but you should have a chat with you conveyancer and communicate your desired outcome and needs.

Back In 2006, I bought a leasehold flat in Nantyglo. Conveyancing and Lloyds TSB Bank mortgage went though with no issue. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1995. The conveyancing practitioner in Nantyglo who previously acted has now retired. Any advice?

First make enquiries of HMLR to be sure that this person is indeed the new freeholder. You do not need to instruct a Nantyglo conveyancing practitioner to do this as you can do this on the Land Registry website for £3. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Nantyglo Leasehold Conveyancing - A selection of Questions you should consider Prior to Purchasing

    Who manages the block? Does the lease include onerous restrictions? How many of the leaseholders are in arrears for their service charge payments?

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Find out more about how flying freehold can affect your the value of a property.