Will commercial conveyancing searches reveal planned roadworks that may impact a commercial land in Criccieth?

Many commercial conveyancing solicitors in Criccieth will conduct a SiteSolutions Highways report as it reduces the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Criccieth. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Criccieth.

For every commercial conveyancing transaction in Criccieth it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can cause delays to Criccieth commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Criccieth.

The deeds to our house can not be found. The lawyers who did the conveyancing in Criccieth 4 years ago have long since closed. What do I do?

As long as you have a registered title the information relating to your ownership will be evidenced by HMLR with a Title Number. It is possible to conduct a search at the Land Registry, identify your house and order up to date copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will also normally hold a file copy of the Registered Lease and again, a copy can be obtained for twenty pounds.

I have been on the look out for a flat up to £235,500 and identified one round the corner in Criccieth I like with amenity areas and station nearby, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Criccieth in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you require a mortgage the shortness of the lease will likely be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of twenty four months you may request that they commence the lease extension formalities and pass 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.

In sourcing the internet for the term on line conveyancing in Criccieth it brings up many property lawyersin the area. With so much choice what is the best way to find the suitable conveyancing solicitor for me?

The ideal way of seeking the right conveyancer is through a trusted recommendation, so enquire of colleagues and relatives who have purchased a property in Criccieth or a respected estate agent or financial adviser. Charges for conveyancing in Criccieth vary, so it's a good idea to secure at least three costs illustrations from different property lawyers. Dont forget to clarify that the charges are guaranteed not to rise.

I've recently bought a leasehold flat in Criccieth. Am I liable to pay service charges relating to a period prior to completion of my purchase?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I inherited a studio flat in Criccieth, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Criccieth with a long lease are worth £201,000. The ground rent is £45 levied per year. The lease expires on 21st October 2089

With just 65 years remaining on your lease we estimate the price of your lease extension to range between £13,300 and £15,400 as well as costs.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.