Can the conveyancing lawyers that you recommend handle attended exchange conveyancing in Risca?

There are a few conveyancing experts who can conduct 24hr exchanges. Do contact us to secure a fee calculation and details as to dates.

Having sold my house in Risca last September but our buyer keeps Skype messaging daily to say his solicitor is waiting to hear from mine. What are the post completion sale formalities now that I have sold?

Following your sale your conveyancer should deliver the transfer documentation and all of the paperwork to the purchaser's conveyancer. If applicable, your solicitor should also evidence that the legal charge in favour of the lender has been repaid to the buyers lawyers. There is unlikely to be post completion procedures peculiar conveyancing in Risca.

I have recentlydiscovered that Wolstenholmes have been shut down. They conducted my conveyancing in Risca for a purchase of a freehold house 18 months ago. How can I establish that the property is in my name in the name of the previous owner?

The easiest method to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Risca conveyancing specialists.

How does conveyancing in Risca differ for new build properties?

Most buyers of new build or newly converted property in Risca contact us having been asked by the seller to sign contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Risca tend to buy the site, 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 conveyancers 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 accustomed to new build conveyancing in Risca or who has acted in the same development.

Are there common defects that you witness in leases for Risca properties?

There is nothing unique about leasehold conveyancing in Risca. All leases are unique and legal mistakes in the legal wording can result in certain clauses are missing. For example, if your lease is missing any of the following, it could be defective:

A provision to repair to or maintain elements of the premises A duty to insure the building

You will encounter a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Halifax, Skipton Building Society, and Bank of Ireland all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to grant the mortgage, obliging the purchaser to pull out.

Risca Leasehold Conveyancing - Sample of Questions you should ask Prior to Purchasing

Is there a share of the freehold? The best form of lease arrangement is where the freehold title is owned by the leaseholders. In this scenario the tenants benefit from control and although a managing agent is frequently employed if it is larger than a house conversion, the managing agent employed by the leaseholders. Does the lease contain onerous restrictions?