Can the conveyancing lawyers listed on your site execute attended exchange conveyancing in Pensysarn?

There are a few conveyancing specialists who can conduct attended exchanges. You should e-mail us to obtain a fee calculation and details as to dates.

In what way does my ID and proof of funds have anything to do with my conveyancing in Pensysarn? Is this really necessary?

Pensysarn conveyancing solicitors as well as nationwide property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules to check the identity of any client with a view to ensure that clients are who they say they are.

Conveyancing clients are required to produce two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and evidence of address (usually a Bank Statement less than 3 months old).

Evidence of the origin of monies is also required under the money laundering statutes as lawyers are duty bound to check that the funds you are utilising to purchase a property (whether it be the deposit for exchange or the full purchase amount where you are buying without a mortgage) has come from a reputable source (such as employment savings) rather than the proceeds of illegitimate activity.

My colleague suggested that where I am buying in Pensysarn I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is occasionally quoted for as part of the standard Pensysarn conveyancing searches. It is not a small report of about 40 pages, listing and detailing important information about Pensysarn around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Pensysarn Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Pensysarn Education with plans and statistics, Local Amenities and other useful information regarding Pensysarn.

I opted to have a survey completed on a property in Pensysarn prior to appointing solicitors. I have been informed that there is a flying freehold element to the house. The surveyor has said that some banks will refuse to give a mortgage on this type of property.

It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. Should you wish to call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Pensysarn. Conveyancing may be slightly more expensive based on your lender's requirements.

I am on look out for some leasehold conveyancing in Pensysarn. Before I get started I require certainty as to the number of years remaining on the lease.

Assuming the lease is registered - and most are in Pensysarn - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I am the registered owner of a basement flat in Pensysarn, conveyancing was carried out in 1999. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Pensysarn with an extended lease are worth £181,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease ceases on 21st October 2076

You have 51 years remaining on your lease we estimate the premium for your lease extension to range between £30,400 and £35,200 as well as costs.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be additional 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 based on this information before seeking the advice of a professional.