I am hoping to receive a mortgage with Nat West. I would like to instruct a Licensed Conveyancer in Ackworth. Does the Nat West Solicitor panel allow for Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Can you explain why leasehold purchase conveyancing in Ackworth is more expensive?
The conveyancing fees on a leasehold premises in Ackworth is often more expensive than on a freehold transaction. This is due to the additional investigations necessary in dealing with the landlord and management company to collate the evidence concerning whether the rent and maintenance fee have been cleared and whether there are any major works due in the near future on repairs or maintenance of the block.
My wife and I purchased a renovated Edwardian property in Ackworth. Conveyancing lawyer acted for me and The Royal Bank of Scotland. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold under the exact same address. Is it worth asking The Royal Bank of Scotland to clarify?
You should read 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Ackworth and other areas of 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 lenders. You can also question the position with the conveyancing practitioner who conducted the purchase.
I have been on the look out for a ground for flat up to £195,000 and found one round the corner in Ackworth I like with amenity areas and station nearby, the downside is that it's only got 49 years on the lease. There is not much else in Ackworth suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you need a home loan that many years may be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.
I am looking to sell my property. My former lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Ackworth if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Ackworth. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
Myself and my husband have just had an offer accepted on a flat and had meeting on Monday with Leeds Building Society for the mortgage. They advised me that when it comes to appointing a conveyancer that unless they are on their approved panel of lawyers then we will be subject to an an additional fee of £200. This is is due to the fact that they will then have to appoint a property lawyer to act on their behalf as well as the one we appoint for ourselves and we will be on the hook for their costs. I have requested Leeds Building Society to send me with a list so I can request quotes only from their approved solicitors but was told that I need to check with each individual lawyer to see if they are on the panel. Is there a list online?
Ask Leeds Building Society what their criteria for panel membership is for a conveyancer.Thereafter ask the conveyancing practitioner of your choice whether they meet the criteria and have they acted on mortgages for Leeds Building Society in the past. If the answer to those is yes, then just clarify this with Leeds Building Society. Alternatively please use our search facility and we should be able to identify a conveyancing practitioner in Ackworth on the approved list for Leeds Building Society.