My wife and I are approaching an exchange on a house in Treharris and my mum and dad have sent the ten percent deposit to my conveyancing practitioner. I am now advised that as the deposit has been received from someone other than me my conveyancer needs to make a notification to my mortgage company. Apparently, in also acting for the mortgage company he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the bank regarding my parents' contribution when I applied for the home loan, so is it really necessary for this now to hold matters up?

The solicitor is duty bound to check with lender to make sure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only reveal this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.

I need some quick conveyancing in Treharris as I have pressure to sign on the dotted line within 4 weeks. Thankfully I do not require a mortgage. Is it possible to decline from having conveyancing searches to save money and time?

If.Given you are not getting a mortgage you have the choice not to have searches conducted although no solicitor would recommend that you don't. With plenty of history conveyancing in Treharris the following are examples of what can crop up and therefore affect the marketability of the property: Refused Planning Applications, Outstanding Fees, Overdue Grants, Road Schemes,...

I have been on the look out for a leasehold apartment up to £245,000 and identified one close by in Treharris I like with amenity areas and station in the vicinity, however it's only got 49 remaining years left on the lease. There is not much else in Treharris in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you need a mortgage that many years will likely be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.

Taking into account that I will soon spend hundreds of thousands of pounds on a two bedroom apartment in Treharris I would like to have a conversation with the lawyer regarding theconveyancing before instructing the firm. Is this something that you can arrange?

This is something that we recommend - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be carrying out your conveyancing in Treharris.There is no ‘factory style conveyancing’ - every client is an important person, not a matter reference. The practices that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Treharris should be the figure that you end up paying.

I today plan to offer on a house that appears to tick a lot of boxes, at a reasonable price which is making it all the more appealing. I have since found out that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in Treharris. Conveyancing lawyers have not yet been appointed. Will they explain the issues?

Most houses in Treharris are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in Treharris so you should seriously consider looking for a Treharris conveyancing solicitor and be sure that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a lessee you will not be at liberty to do whatever you want to the property. The lease will likely included provisions such as requiring the landlord’sconsent to carry out alterations. You may also be required to pay a maintenance charge towards the maintenance of the estate where the property is located on an estate. Your conveyancer will report to you on the legal implications.

Treharris Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing

Does the lease include onerous restrictions? The prefered form of lease arrangement is if the freehold interest is in the ownership of the leaseholders. In this situation the lessees benefit from control and even though a managing agent is often employed where the building is larger than a house conversion, the managing agent employed by the leaseholders. On the whole the cost for major works tend not to be included within service charges, albeit that some managing agents in Treharris obliged leaseholders to contribute towards a sinking fund created for the specific purpose of building a fund for larger works.