Can your site be used to locate a Conveyancing solicitor in Builth Wells even where I’m not buying or selling a house, for instance if I intend to acquire a shop in Builth Wells with a mortgage from Virgin Money?

Our comparison service is predominantly utilised to help choose domestic conveyancing solicitors in Builth Wells but we have listed at the end of this page a few Builth Wells commercial conveyancing firms. You will need to speak with the firm directly to see if they can also act for Virgin Money

Me and my brother own a 4 bedroom Edwardian house in Builth Wells. Conveyancing practitioner acted for me and Bank of Ireland. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold under the exact same address. I'd like to know for sure, how can I find out??

You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Builth Wells and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with your conveyancing solicitor who carried out the work.

I decided to have a survey completed on a property in Builth Wells before instructing conveyancers. I have been informed that there is a flying freehold element to the house. My surveyor has said that some mortgage companies will refuse to give a loan on this type of premises.

It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. If you call us we can look into this further with 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 Builth Wells. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Builth Wells to see if the conveyancing will be more expensive.

Am I best advised to go with a Builth Wells conveyancing lawyer who is local to the property I am purchasing? An old friend can perform the conveyancing but his firm is located over three hundred miles drive away.

The primary upside of using a local Builth Wells conveyancing firm is that you can drop in to sign documents, present your ID and apply pressure on them where appropriate. Having local Builth Wells know how is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and in the main were happy that should outweigh using an unknown Builth Wells conveyancing lawyer solely due to them being Builth Wells based.

Do you have any top tips for leasehold conveyancing in Builth Wells from the perspective of saving time on the sale process?

• Much of the frustration in leasehold conveyancing in Builth Wells can be bypassed where you appoint lawyers as soon as you market your property and ask them to put together the leasehold documentation needed by the purchasers’ conveyancers.
If you are supposed to have a share in the Management Company, you should ensure that you have the original share document. Organising a replacement share certificate can be a time consuming process and slows down many a Builth Wells home move. If a new share is required, you should approach the company officers or managing agents (if relevant) for this at the earliest opportunity. You may think that you are aware of the number of years remaining on your lease but it would be advisable double-check by asking your conveyancers. A purchaser's lawyer will be unlikely to recommend their client to proceed with the purchase of a leasehold property the remaining number of years is below 80 years. In the circumstances it is important at an early stage that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale. If you have had conflict with your freeholder or managing agents it is very important that these are settled prior to the flat being put on the market. The buyers and their solicitors will be reluctant to purchase a property where there is an ongoing dispute. You may need to swallow your pride and pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as over as opposed to ongoing.

I purchased a 1st floor flat in Builth Wells, conveyancing formalities finalised April 2003. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Builth Wells with an extended lease are worth £180,000. The ground rent is £65 charged once a year. The lease terminates on 21st October 2084

With just 59 years left to run we estimate the premium for your lease extension to range between £20,900 and £24,200 plus costs.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive investigations. Do not use this information 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. You should not move forward placing reliance on this information without first getting professional advice.