Please could you suggest a Platform Home Loans Ltd allowed Yorkshire Dales conveyancing solicitor who can have us moved in within 10 days? Am I best advised to choose a local Yorkshire Dales conveyancer or a factory type firm?
We can recommend some very good Yorkshire Dales conveyancing firms. You can also walk up the main road in Yorkshire Dales. Approach two or three law practices and request to speak with a conveyancing solicitor for a costs illustration. Explain your expectations together with your reasons and ask for a commitment on your deadline. Appoint the one that you trust.
We see that you have a post code search directory identifying solicitors on the Virgin Money conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Yorkshire Dales?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Yorkshire Dales.
My bid for a property was accepted at auction in Yorkshire Dales. Conveyancing is necessary. What are my next steps?
Now that you have for all intents and purposes signed on the dotted line you will need to instruct a conveyancing practitioner quickly as you are faced with a tight a drop dead date to complete the purchase. An auction property should have an associated auction pack. This will include most,if not all of the documents that your solicitor will need. If you have purchased leasehold premises the legal papers should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to leasehold premises. You must give this to your appointed conveyancing solicitor ASAP. You also need to ensure that your finances are in place to complete on the date specified in the contract.
Last month we had a mortgage agreed in principle with Virgin Money. Yorkshire Dales conveyancing lawyers are selected. How long does it take for Virgin Money to forward the offer to the solicitor?
Some lenders take longer than others. Have Virgin Money done the survey? Have you advised Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am currently in the process of buying my council flat in Yorkshire Dales. I have a mortgage agreed with Virgin Money. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Virgin Money, you will need to appoint a solicitor on the Virgin Money conveyancing panel.
4 months have elapsed following my purchase conveyancing in Yorkshire Dales concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. 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.
Just had an offer accepted on a new build apartment in Yorkshire Dales. Conveyancing is daunting 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 selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Yorkshire Dales
-
There must be mutual enforceability of lessee’s covenants. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I have been on the look out for a ground for flat up to £305k and identified one close by in Yorkshire Dales I like with open areas and transport links in the vicinity, however it's only got 49 years unexpired on the lease. There is not much else in Yorkshire Dales in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a home loan the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.