I have given 8 weeks notice to my existing landlord and must be out of my let out flat in Beddau by 31/3/2026. Conveyancing for my house purchase is underway. Is it possible to complete in three weeks as I wish to avoid having to find short term accommodation?
It is unwise to provide notice on a rental until exchange of contracts has taken place. If you have not previously done so, notify to your lawyer and urge them to they seek the assistance the sellers side, try to an acceptable time-line that all parties will work to achieve
We're in Beddau, First time buyers purchasing with a mortgage (lender is Lloyds , and our solicitor is on the Lloyds conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Lloyds conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I have been on the look out for a leasehold apartment up to £245,000 and found one close by in Beddau I like with amenity areas and station in the vicinity, the downside is that it's only got 52 years on the lease. I can't really find anything else in Beddau suitable, so just wondered if I would be making a mistake buying a short lease?
If you need a home loan the remaining unexpired lease term will be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
As co-executor for the will of my aunt I am disposing of a property in Cardiff but I am based in Beddau. My lawyer (approximately 200 kilometers awayrequires that I execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing solicitor in Beddau who can witness and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are Beddau based
Completion is due on the sale of our £175,000 apartment in Beddau next Thursday. The freeholder has quoted £420 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge exorbitant fees for a flat conveyance in Beddau?
For most leasehold sales in Beddau conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
-
Addressing pre-exchange questions
Where consent is required before sale in Beddau
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I inherited a ground floor flat in Beddau, conveyancing having been completed in 2012. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Beddau with a long lease are worth £201,000. The ground rent is £45 per annum. The lease finishes on 21st October 2090
With 64 years remaining on your lease we estimate the price of your lease extension to span between £15,200 and £17,600 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.