Unfortunately I am unable to travel far from Fulford. I would like to know the understand why all Fulford conveyancers are not on all mortgage company panels?
Even though it may seem unfair for lenders to limit who can act for them, from the public’s or solicitor’s perspective, the flip side is that banks are increasingly anxious and consider it imperative to protect them against mortgage fraud. As a consequence of this concern banks have consolidated their conveyancing panel to a manageable size.
When can the exchange of contracts happen for domestic conveyancing in Fulford and do I need to be at the solicitors office?
Where you are local to one of the conveyancing solicitors in Fulford you are welcome to attend to sign the paperwork. That being said, the lender approved solicitors we work with offer a nationwide conveyancing service and give just as comprehensive and professional a job for you when communicating with you by post or email. The executing of the contract is not the critical part. A signed contract is necessary for the solicitor to address the formalities when the time is right, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Fulford)to be in the office available at the end of the phone to exchange contracts.
My wife and I own a renovated Georgian property in Fulford. Conveyancing practitioner represented me and Alliance & Leicester . I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the exact same property. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Fulford and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with the conveyancing solicitor who conducted the purchase.
What does commercial conveyancing in Fulford cover?
Fulford conveyancing for business premises covers a broad array of guidance, given by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases 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.
We're new to the buying process - had an offer accepted, yet the selling agent advised that the vendor will only proceed if we use the agent's preferred lawyers as they need a ‘quick sale’. We would rather use a local solicitor who is familiar with conveyancing in Fulford
It is unlikely the sellers are driving this. If they want ‘a quick sale', alienating a genuine purchaser is counter productive. Contact the owners directly and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you will continue to appoint your own,trusted Fulford conveyancing solicitors - not the ones that will provide the estate agent a commission or meet his conveyancing figures demanded by HQ.
Can you offer any advice when it comes to appointing a Fulford conveyancing practice to deal with our lease extension?
If you are instructing a conveyancer for your lease extension (regardless if they are a Fulford conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you speak with two or three firms including non Fulford conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be of use:
-
How experienced is the practice with lease extension legislation?
Leasehold Conveyancing in Fulford - Sample of Questions you should ask Prior to buying
-
Are any of leasehold owners in arrears of their service charge payments? The answer will be helpful as a) areas can cause problems in the block as the communal areas may begin to deteriorate if repairs are not paid for b) if the leaseholders have an issue with the managing agents you will wish to know about it Plenty Fulford leasehold properties will incur a service charge for maintenance of the block invoiced on behalf of the management company. Should you purchase the apartment you will have to meet this amount, usually periodically throughout the year. This may vary from a couple of hundred pounds to thousands of pounds for blocks with lifts and large common areas. In all probability there will be a ground rent for you to pay annual, ordinarily this is not a large sum, say about £25-£75 but you need to enquire it because on occasion it can be surprisingly expensive.