The estate agent has sent us the confirmation of our purchase of a new build flat in Talybont. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Talybont

Please confirm the Lease plans are architect prepared. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.

How simple is it to transfer to a new solicitor as I need to instruct a firm on the Barclays Direct conveyancing panel. I was using a local conveyancing solicitor in Talybont five minutes from me but the firm is not accepted by Barclays Direct

It would be our pleasure to assist you find a conveyancing solicitor in Talybont on the Barclays Direct panel. Please note that the law firms that we list do not pay us fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Talybont. In making use of search facility on this website, you can scrutinise fees for conveyancing solicitors in Talybont and beyond.

My cousin has suggested that I use his conveyancers in Talybont. Do I follow his advice?

There are no two ways about it the best way to select a conveyancing lawyer is to get guidance from friends or family who have actually previously instructed the firm you're are thinking of instructing.

I've recently bought a leasehold flat in Talybont. Am I liable to pay service charges for periods before my ownership?

In a situation 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. However, 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).

Talybont Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to buying

The best form of lease structure is a share of the freehold. In this arrangement the lessees benefit from being in charge if their destiny and even though a managing agent is frequently retained if it is bigger than a house conversion, the managing agent acts for the leaseholders themselves. What restrictions are there in the Talybont Lease?

I have just appointed agents to market my ground floor apartment in Talybont.Conveyancing has not commenced however I have just had a quarterly maintenance charge demand – Do I pay up?

It best that you pay the invoice as you normally would as all rents and maintenance payments will be allottedon completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies 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