After what seems like an age a mortgage offer from Santander for the refinancing of my 3 bedroom apartment is due imminently. Could you recommend a low cost conveyancing law firm in Undy?

You are on the wrong site if you are seeking cut-price fees for conveyancing in Undy. We can offer you affordable conveyancing but our intention is not to work with the cheapest lawyers. Do not be fooled by companies offering £99 conveyancing in Undy. In your best case scenario, in choosing a lawyer for cheap conveyancing, you will earn what you pay for and at worst you will end up with a hefty uplift in additional fees and still not end up with the service required.

I am acquiring a house mortgage free in Undy. I have been residing for the previous twelve years in Undy. Conveyancing searches are expensive. Given that I have knowledge of the area and road intimately must I have all the conveyancing searches?

In the absence of a home loan, then all but one or two of the Undy conveyancing searches are at your discretion. Your lawyer will try and sway you, no-doubt strongly, that you should have searches done, but he is duty bound to take that path of advice. Do take into account; if you are intend to dispose of the house at a future date, it could be of importance to your future purchaser what the searches determine. Sometimes properties with day to day issues can still throw up unpredicted search results. A good conveyancing solicitor in Undy will be able to give you some constructive guidance in this regard.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one round the corner in Undy I like with a park and railway links nearby, however it only has 51 years on the lease. I can't really find anything else in Undy suitable, so just wondered if I would be making a grave error acquiring a short lease?

Should you require a mortgage that many years will be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.

I am looking to sell my home. My past lawyers have shut. I am in need of a recommendation of a conveyancing firm. Im based in Undy if that affects matters.

You should use our search tool to help you find a solicitor for your conveyancing in Undy. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.

I am hoping to put an offer on a small detached house that appears to meet my requirements, at a reasonable price which is making it all the more appealing. I have just been informed that the title is leasehold as opposed to freehold. I am assuming that there are particular concerns buying a leasehold house in Undy. Conveyancing lawyers have are about to be appointed. Will they explain the issues?

The majority of houses in Undy are freehold and not leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. it is apparent that you are purchasing in Undy so you should seriously consider shopping around for a Undy conveyancing practitioner and check that they are used to dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. As a leaseholder you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as obtaining the freeholder’spermission to carry out alterations. You may also be required to pay a contribution towards the maintenance of the communal areas where the property is part of an estate. Your conveyancer will advise you fully on all the issues.

Undy Leasehold Conveyancing - A selection of Questions you should consider before buying

Please note that where the lease has no more than 80 years it will have adverse implications on the value of the apartment. It is worth checking with your mortgage company that they are willing to to proceed given the lease term. Leases with fewer than 80 years remaining means that you will probably have to extend the lease at some point and you need to have some idea of what this would cost. Remember, in most cases you will need to own the property for two years in order to be legally able to carry out a lease extension. Is there a share of the freehold? This information is important as a) areas may cause problems for the block as the common areas may start to deteriorate if repairs remain unpaid b) if the tenants have a dispute with the managing agents you will want to have full disclosure