When can the exchange of contracts happen for sale conveyancing in Wenvoe and do I need to be at the conveyancers branch?

If you are round the corner to one of the conveyancing solicitors in Wenvoe you are welcome to attend to sign contracts. That being said, the law practices we work with offer a nationwide conveyancing service and provide as equally comprehensive and professional a job for you when communicating with you electronically. The signing of the contract is not the important part. A signed contract is just a prerequisite for the solicitor to exchange contracts at the appropriate time, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Wenvoe)to be in the office at the appropriate time.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one round the corner in Wenvoe I like with open areas and station in the vicinity, however it only has 51 remaining years left on the lease. I can't really find anything else in Wenvoe in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?

If you require a home loan that many years may be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.

I need to instruct a conveyancing practitioner in Wenvoe for my purchase. Can I check a solicitor's complaints history with the profession’s regulator?

Anyone can see published Solicitor Regulator Association (SRA) decisions resulting from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The SRA sometimes recorded call for training requirements.

I have just appointed agents to market my basement flat in Wenvoe. Conveyancing lawyers have not yet been instructed, however I have recently had a quarterly maintenance charge invoice – what should I do?

The sensible thing to do is clear the invoice as usual as all ground rent and maintenance payments should be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents 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. This will smooth the conveyancing process.

Leasehold Conveyancing in Wenvoe - A selection of Queries before Purchasing

Best to be warned if fixing the lift or some other major work is anticipated to be shared between the leasehold owners and will dramatically impact the level of the service charges or require a one off invoice. Does the lease have onerous restrictions? Generally speaking the cost for major works tend not to be incorporated into the maintenance charges, albeit that some managing agents in Wenvoe require leasehold owners to pay into a sinking fund and this is used to offset against major works.

I'm selling a flat in Wenvoe. I have found my conveyancer's company on the Law Society's list, but I can't see my lawyer's name on the list. Should I be concerned?

Not every individual in the law firm must be listed by the regulator. Provided there is someone qualified to 'oversee' the work, the actual day-to-day activity can be undertaken by unqualified staff.