I am under pressure from the mortgagee in possession of a property in Llantrisant to complete within four weeks. What can I do to accelerate the conveyancing process?

Where the seller is applying a tight deadline for your conveyancing it is highly recommended that your conveyancer is familiar with the location as they will benefit local relationships and intelligence. It is possible that they would have transacted otherhouses in the same neighbourhood. Therefore consider using a Llantrisant conveyancing solicitor. Second, be sure that the lawyer is on the on the approved list for your mortgage company. It is claimed that just under twenty per cent of Llantrisant conveyancing transactions are held up or derailed after discovering a buyer’s conveyancer was not on their mortgage lender’s list of approved solicitors. This can often result in the conveyancing being held up by almost 21 days. It is understood that this issue affects approximately 100,000 home moves every year. Many Llantrisant conveyancing practices can not represent certain banks so do check as early as possible.

I am considering applying for a Bank of Ireland mortgage for purchase of a new build (under development) in Llantrisant with 60% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Bank of Ireland ?

There is nothing to stop you using your solicitor, but Bank of Ireland will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.

Due to the encouragement of my in-laws I had a survey completed on a property in Llantrisant before appointing lawyers. I have been advised that there is a flying freehold aspect to the house. My surveyor advised that some lenders will refuse to grant a loan on this type of property.

It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. If you contact us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Llantrisant. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Llantrisant to see if the conveyancing will be more expensive.

What tools are available to locate a Llantrisant law firm on the The Royal Bank of Scotland conveyancing panel? I have wheels and am willing to travel upto 10kilometers to meet the conveyancer.

You can use the tool on this page. Please choose the mortgage company and your location and you will see a number of Llantrisant conveyancing lawyers located nearest you. We have detailed some Llantrisant conveyancing firms towards the end of this page and you can call them to verify whether they are on the The Royal Bank of Scotland member panel

I am in need of some leasehold conveyancing in Llantrisant. Before I get started I would like to find out the number of years remaining on the lease.

If the lease is registered - and 99.9% are in Llantrisant - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I own a basement flat in Llantrisant, conveyancing having been completed June 1995. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Llantrisant with a long lease are worth £186,000. The ground rent is £55 levied per year. The lease ends on 21st October 2078

You have 52 years left to run we estimate the premium for your lease extension to be between £29,500 and £34,000 plus professional fees.

The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed due diligence. Do not use this information in tribunal or court proceedings. There may be additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.