The St Athan conveyancing firm handling our St Athan conveyancing has spotted an inconsistency between the information in the home valuation report and what is in the title deeds. My lawyer has advised that he must check that the bank is happy with this discrepancy and is content to go ahead. Is my conveyancer’s approach correct?

Your lawyer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.

Will my conveyancing lawyers need to check that the building insurance when buying a house in St Athan. My lender is Bank of Ireland

Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 20/1/2025, the requirements read as follows :

Will commercial conveyancing searches reveal planned roadworks that could impact a commercial site in St Athan?

Its becoming the norm that commercial conveyancing solicitors in St Athan will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in St Athan. The search result sets out 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 St Athan.

For each commercial conveyancing transaction in St Athan it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to St Athan commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in St Athan.

Over the last few months I have been searching for a flat up to £195,000 and found one close by in St Athan I like with open areas and railway links nearby, the downside is that it only has 51 years unexpired on the lease. There is not much else in St Athan in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?

If you require a home loan the remaining unexpired lease term will be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.

Planning to exchange soon on a garden flat in St Athan. Conveyancing lawyers assured me that they report fully on Monday. Are there areas in the report that I should be focusing on?

Your report on title for your leasehold conveyancing in St Athan should include some of the following:

The total extent of the demise. This might be the apartment itself but may include a roof space or basement if relevant. What you can do if an adjoining owner breaches a clause of their lease? Where does the liability rest for maintaining the window frames The length of the lease term. You should be advised as what happens when the lease expires, and informed of the importance of the 80 year mark You should know if the lease permits you to alter or improve anything in the premises- you should be made aware as to whether any restrictions applies to all alterations or just structural alteration, and whether consent is required

St Athan Leasehold Conveyancing - A selection of Questions you should ask before buying

Are any of leasehold owners in arrears of their service charge payments? Its a good idea to discover as much as you can concerning the company managing the block as they can either make life much simpler or problematic. Being a leasehold owner you are often in the clutches of the managing agents from a financial perspective and when it comes to practical matters such as the cleanliness of the communal areas. You should not be shy to ask other tenants what they think of them. Finally, investigate as to the dates that you are obliged pay the service charge to the managing agents and precisely what it includes. The prefered form of lease structure is if the freehold interest is owned by the leaseholders. In this arrangement the tenants enjoy control and although a managing agent is frequently employed if the building is bigger than a house conversion, the managing agent retained by the leaseholders.