I have been recommended a conveyancing solicitor in Tyldesley. I I would like to check whether they are accepted on the Accord Mortgages Ltd conveyancing panel. Can you help?
You should contact your lawyer and enquire if they can act for the bank. Otherwise you can get in touch with Accord Mortgages Ltd who may be able to confirm.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Tyldesley?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Tyldesley. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
About to purchase a new build apartment in Tyldesley. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Tyldesley
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are surveyor prepared. There must be mutual enforceability of lessee’s covenants. 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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Due to the encouragement of my in-laws I had a survey completed on a house in Tyldesley before retaining lawyers. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some banks will not give a loan on such a premises.
It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. If you call us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Tyldesley. Conveyancing will be smoother if you use a solicitor in Tyldesley especially if they are accustomed to such properties in Tyldesley.
Is it possible to change solicitor as I need to instruct a firm on the Godiva Mortgages Ltd conveyancing panel. I was using a high street conveyancing solicitor in Tyldesley round the corner but the firm is not approved by Godiva Mortgages Ltd
We will our best to assist in finding you a conveyancing solicitor in Tyldesley on the Godiva Mortgages Ltd panel. Please note that the conveyancers that we work with do not pay us a referral fee if you instruct them and are registered with the SRA who regulate all conveyancing solicitors in Tyldesley. In utilising search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Tyldesley.
When it comes to leasehold conveyancing in Tyldesley what are the most frequent lease problems?
There is nothing unique about leasehold conveyancing in Tyldesley. All leases are drafted differently and drafting errors can result in certain sections are wrong. The following missing provisions could result in a defective lease:
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A duty to insure the building A provision to repair to or maintain elements of the premises
A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Bank of Scotland, and TSB all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to grant the mortgage, obliging the purchaser to withdraw.
I inherited a ground floor flat in Tyldesley, conveyancing was carried out November 2009. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Tyldesley with over 90 years remaining are worth £176,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease terminates on 21st October 2074
With just 50 years remaining on your lease the likely cost is going to range between £31,400 and £36,200 as well as professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.