Will my conveyancing lawyers need to check that the building insurance when buying a house in Magor. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 9/7/2026, the requirements read as follows :
I have recentlyfound out that Wolstenholmes have closed. They carried out my conveyancing in Magor for a purchase of a freehold house 10 months ago. How can I check that my home is in my name in the name of the former proprietor?
The quickest way to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Magor conveyancing specialists.
I'm purchasing my first flat in Magor with a mortgage from The Royal Bank of Scotland. The developers refused to move on the price so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not to tell my solicitor about this extras as it would jeopardize my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
In what way does the Landlord & Tenant Act 1954 affect my commercial property in Magor and how can you help?
The particular law that you refer to provides a safeguard to business lessees, giving them the a statutory right to make a request to court for a renewal lease and remain in occupation when the lease reaches an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act for protection and handle your commercial conveyancing in Magor
I've recently bought a leasehold property in Magor. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I inherited a garden flat in Magor, conveyancing formalities finalised 7 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Magor with an extended lease are worth £201,000. The average or mid-range amount of ground rent is £45 per annum. The lease expires on 21st October 2090
You have 64 years remaining on your lease we estimate the premium for your lease extension to range between £14,300 and £16,400 plus professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.
A loan agreement from a lender for the remortgage of my 4 bedroom garden flat is coming any day now. Are you able to suggest an efficient remortgage conveyancing lawyer in Magor ?
You are on the wrong site if you are in need of a cheap conveyancing in Magor. Our aim is to provide cost effective conveyancing but our intention is not to work with the cheapest lawyers. Resist the temptation to appoint companies offering £99 conveyancing in Magor.In your best case scenario, in going for cheap conveyancing, you will get what you pay for and at worst you will end up invoiced for extras and still not receive the service required.