We instructed a local solicitor for our conveyancing in Halifax recently. Looking through the terms of engagement I seeI am responsible for charges even where the conveyance does not complete. Should I go with them or use a web based conveyancing company who offer no completion no charge conveyancing in Halifax?
Generally there is a compromise along the lines that if "No Completion No Fee" is offered then the conveyancing charges will tend to be be more expensive to cover the cases that abort. You should be mindful that these schemes generally do not cover disbursements for instance Halifax conveyancing search charges.
Will commercial conveyancing searches disclose proposed roadworks that could affect a commercial premises in Halifax?
Its becoming the norm that commercial conveyancing solicitors in Halifax will order a SiteSolutions Highways report as it reduces the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Halifax. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Halifax.
For each commercial conveyancing transaction in Halifax it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Halifax commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Halifax.
four months have gone by since my purchase conveyancing in Halifax took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Halifax. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Halifax
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
What tools are available to search for a Halifax law firm on the Nottingham Building Society conveyancing panel? I am a keen cyclist and am willing to travel upto 10miles to meet the lawyer.
You can use the facility on this page. Please pick a lender and your location and you will see a number of Halifax conveyancing lawyers based on proximity. We have listed some Halifax conveyancing firms at the bottom of this page and you can contact them to verify if they are on the Nottingham Building Society member panel
I work for a busy estate agent office in Halifax where we have witnessed a few flat sales jeopardised due to leases having less than 80 years remaining. I have received inconsistent advice from local Halifax conveyancing firms. Can you confirm whether the owner of a flat can start the lease extension formalities for the buyer?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Halifax Conveyancing for Leasehold Flats - Sample of Queries Prior to buying
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Make sure you enquire if the the lease contains any adverse restrictions in the lease. For example some leases prohibit pets being permitted in certain buildings in Halifax. If you love the propertyin Halifax yet your cat can’t live with you then you have a very difficult choice. Many Halifax leasehold properties will be liable to pay a service bill for maintenance of the block invoiced on behalf of the freeholder. If you purchase the flat you will have to meet this charge, normally periodically during the year. This could differ from several hundred pounds to thousands of pounds for large purpose-built buildings. In all probability there will be a ground rent to be met yearly, this is usually not a large figure, say approximately £25-£75 but you should to enquire it because occasionally it can be prohibitively expensive. Please note that where the lease has less than eighty years it will affect the value of the flat. Check with your mortgage company that they are willing to to proceed given the lease term. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease at some point and you need to have some idea of what this would cost. Remember, in most cases you will need to own the premises for 24 months in order to be legally able to exercise a lease extension.