I am planning to sell my house and have a conveyancing quote from you. Will there be any supplementary hidden costs?
We will not charge any hidden extra costs for standard conveyancing. While comparing quotes, be aware that some solicitors' firms will give a low estimate, not an accurate quote. You may face a much greater total fee when you have completed.
What makes conveyancing work to buy in Llanidloes appear to be so drawn out?
The legal work undertaken to transfer a property in Llanidloes can take more time than budgeted for a variety of reasons. Sometimes, these causes are regrettably beyond a solicitor's influence. We strive to minimise the effect of these delays by driving the transaction forward.
Flood searches may be standard procedure but considering current events such as the flooding in 2012 are they comfort enough to report sufficient information about the local Llanidloes flood risk?
Conveyancing searches (environmental) applied for by your property lawyer in Llanidloes will include the more specialist search (Landmark) if required.
You can get in touch with a neighbour or local resident to gain more peace of mind or regional Powys flood damage builder - e.g. O G W Builders Ltd, Wellington Terr, Llanidloes, SY18 6HH Tel: 01686 413137.
Would ordering a house survey be a good idea when buying property?
We heavily advise that most purchasers arrange a property surveyor. Buyers should be aware that there are a wide range of problems which will impact a property, for example cavity wall tie failure. Such issues will not be considered during the conveyancing work itself.
Should I get my short lease extended before selling?
Buyers are becoming increasingly wary of buying leaseholds with less than 90 years to run because, first, the cost of increasing a leasehold is becoming far more expensive, and, second, mortgage companies are becoming increasingly reticent to lend money to buy leases that have dropped below the 80-year mark (indeed, this will be one of the criteria that they set to ensure their investment is protected).
As a result, buyers will often insist that the leasehold be extended back up to the 99-year or 125-year typical thresholds before going ahead and buying it. So, as the current leaseholder, you will almost certainly be expected to do the legal work required to extend the lease to a level that buyers will be happy with.