Can your site be used to find a Conveyancing solicitor in West Derby even if I’m not buying or disposing of a house, for instance where I wish to buy a shop in West Derby with a loan from Santander?
The service is predominantly utilised to help choose domestic conveyancing solicitors in West Derby but we have recorded towards the bottom of this page a selection of West Derby commercial conveyancing firms. You will need to speak with the solicitors directly to see if they can also act for Santander
My wife and I have a renovated Georgian property in West Derby. Conveyancing solicitor represented me and The Royal Bank of Scotland. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register for 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 West Derby 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 purchasers. You can also enquire as to the position with your conveyancing lawyer who completed the work.
How does conveyancing in West Derby differ for new build properties?
Most buyers of new build residence in West Derby contact us having been asked by the seller to sign contracts and commit to the purchase even before the premises is finished. This is because house builders in West Derby tend to purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in West Derby or who has acted in the same development.
I decided to have a survey carried out on a house in West Derby before retaining solicitors. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies will not issue a mortgage on such a home.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. If you call us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in West Derby. Conveyancing will be smoother if you use a solicitor in West Derby especially if they regularly deal with such properties in West Derby.
My husband and I are FTB’s - had an offer accepted, yet the property agent advised that the owners will only move forward if we instruct their recommended solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a family solicitor who is familiar with conveyancing in West Derby
It is unlikely the vendors are behind this. Should the owner require ‘a quick sale', taking such a hostile approach to a motivated purchaser is likely to cause more damage than good. Bypass the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you are going to instruct your own,trusted West Derby conveyancing firm - as opposed tothe ones that will earn their estate agent a commission or hit his conveyancing thresholds pre-set by HQ.
I am a negotiator for a reputable estate agent office in West Derby where we have experienced a few flat sales jeopardised due to leases having less than 80 years remaining. I have received conflicting advice from local West Derby conveyancing solicitors. Please can you confirm whether the seller of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having 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.
An alternative approach is to agree the lease extension with the freeholder 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 purchaser.
Leasehold Conveyancing in West Derby - Examples of Queries Prior to Purchasing
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Plenty West Derby leasehold apartments will be liable to pay a service bill for the upkeep of the building levied by the management company. If you buy the property you will have to meet this liability, normally quarterly accross the year. This could differ from several hundred pounds to thousands of pounds for buildings with lifts and large common grounds. In all likelihood there will be a rentcharge to be met yearly, normally this is not a significant sum, say approximately £25-£75 but you need to enquire as occasionally it could be prohibitively expensive. It would be wise to discover as much as you can concerning the company managing the building as they will either make your life much easier or much more difficult. As the owner of a leasehold property you are frequently at the mercy of the managing agents both financially and when it comes to practical matters such as the upkeep of the communal areas. You should not be afraid to ask other tenants what they think of their management. Finally, be sure you discover the dates that the maintenance fees are due to the appropriate party and precisely what you get for your money.