We are a couple about to exchange contracts for a freehold house in Bankside. We encountered a stumbling block. Our loan offer with Yorkshire Building Society expires on 27/2/2026 but the vendors are insisting on a completion date of 3/3/2026. Is it possible to prolong the loan expiry date?
The person best placed to address this concern is your solicitors who is in a position to determine whether they better off negotiating with the mortgage broker, owner’s conveyancers, property agents or conceivably all parties taking into account the circumstances your house move to date.
As someone not used to the Bankside conveyancing process what is your top tip you can give me concerning the ownership transfer in Bankside
You may not hear this from too many lawyers but conveyancing in Bankside and elsewhere in England and Wales is an adversarial process. Put another way, when it comes to conveyancing there exists plenty of room for conflict between you and others involved in the home moving process. E.g., the seller, estate agent and sometimes the lender. Selecting a lawyer for your conveyancing in Bankside an important selection as your conveyancer is your adviser, and is the ONE party in the process whose interest is to act in your best interests and to protect you.
Every so often a third party with a vested interest may attempt to sway you that you should follow their advice. For example, the selling agent may claim to be assisting by claiming that your lawyer is slow. Or your financial adviser may try to convince you to do something that is against your lawyers advice. You should always trust your lawyer above all other parties in the home moving process.
I am purchasing a house and require a conveyancing solicitor in Bankside who is on the Leeds Building Society solicitor. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Leeds Building Society in certain locations such as Bankside. We dont recommend any particular firm.
Are all Bankside Conveyancing Quality Solicitors on the Leeds Building Society conveyancing panel?
A selection of lenders now make use of CQS as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their panels.
My wife and I have arranged a further advance on our home loan from RBS as we want to conduct renovations to our property in Bankside. Are we obliged to select a local Bankside solicitor on the RBS conveyancing panel to deal with the paperwork?
RBS would not normally instruct firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the RBS panel.
We expect to receive a DIP from Yorkshire BS this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Yorkshire BS recommend any Bankside solicitors on the Yorkshire BS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Bankside solicitors independently although you'll need to choose one on the Yorkshire BS conveyancing panel. The solicitor represents both you and Yorkshire BS through the process.
My father-in-law has recommend that I appoint his conveyancers in Bankside. Should I use them?
No doubt the best way to find a conveyancing practitioner is to seek recommendations from friends or family who have actually used the conveyancer that you are are thinking of instructing.
Expecting to exchange soon on a studio apartment in Bankside. Conveyancing lawyers assured me that they report fully within the next couple of days. What should I be looking out for?
Your report on title for your leasehold conveyancing in Bankside should include some of the following:
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You would want to be sent a copy of the lease Ground rent - how much and what the invoice dates are, and be on notice if this will change in the future The total extent of the property. This could be the property itself but could also include a attic or cellar if applicable. What the implications are if you breach a clause of your lease? specifics of the parties to the lease, for instance these could be the tennant, head lessor, landlord
I have attempted and failed to negotiate with my landlord for a lease extension without getting anywhere. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a Bankside conveyancing firm to represent me?
if there is a missing landlord or if there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the LVT to arrive at the price payable.
An example of a Freehold Enfranchisement matter before the tribunal for a Bankside premises is 1-41 Royal Tower Lodge 40 Cartwright Street in April 2013. the tribunal adding the agreed value of capitalised ground rents and the reversion the price to be paid for the freehold was £1,187,000 This case related to 41 flats. The unexpired residue of the current lease was 107 years.