I am getting a offer of a home loan from Nat West. My intention is to retain the legal services of a Licensed Conveyancer in york. Does the Nat West Solicitor panel include Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Can your site be used to locate a Conveyancing solicitor in york even where I’m not purchasing or disposing of a house, for example where I want to acquire a shop in york with a loan from Nottingham Building Society?
Our search tool is predominantly utilised to locate domestic conveyancing solicitors in york but we have listed towards the bottom of this page a few york commercial conveyancing firms. You should speak with the company directly to establish if they are also authorised to represent Nottingham Building Society
I have justbeen informed that Stirling Law have closed. They carried out my conveyancing in york for a purchase of a freehold house 12 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The quickest method to see if the premises is in your name, 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 york conveyancing specialists.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, no chain conveyancing. york is the location of the property. Can you offer any opinion?
Flying freeholds in york are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in york you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in york may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
What does commercial conveyancing in york cover?
Non domestic conveyancing in york covers a wide array of guidance, provided by regulated solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
Having checked my lease I have discovered that there are only Fifty years remaining on my flat in york. I now want to get lease extension but my freeholder is missing. What should I do?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the Court. You will be obliged to demonstrate that you or your lawyers have made all reasonable attempts to locate the landlord. In some cases an enquiry agent may be useful to try and locate and prepare a report which can be accepted by the court as evidence that the freeholder can not be located. It is advisable to get professional help from a solicitor both on investigating the landlord’s disappearance and the application to the County Court overseeing york.
I own a split level flat in york, conveyancing formalities finalised in 2001. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar flats in york with a long lease are worth £202,000. The average or mid-range amount of ground rent is £60 per annum. The lease runs out on 21st October 2083
With just 57 years left to run we estimate the premium for your lease extension to range between £28,500 and £33,000 plus legals.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.