What is the optimum way to check that the solicitor conducting my conveyancing in Keighley is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Leeds Building Society thus spending £187.00 plus VAT in supplemental legal costs.
You should take advantage of the find a lender approved solicitor tool on this site. Please choose the lender and type ‘Keighley’ or your location and you will see numerous solicitors located in Keighley or nearest you.
Forgive me if this question is silly but I am new to the home moving as a first time buyer of a ground floor flat in Keighley. Do I pick up the keys to the property on the completion date from my lawyer? If so, I will instruct a local conveyancing solicitor in Keighley?
On the day of completion you will not be required to go to the conveyancers office in Keighley. Your solicitors will arrange to send the completion advance to the vendor’s lawyers, and once they have received this, you should be able to pick up the keys from the Estate Agents and start moving into the property. This tends to happen between 1 and 3pm.
A friend pointed out to me me that in purchasing a property in Keighley there may be various restrictions affecting the ability to carry out external alterations to a property. Is this right?
There are anumerous of properties in Keighley which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Keighley should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
After shopping around on the internet I have found a Keighley conveyancer having made sure that they are on the Principality conveyancing panel. Does my lawyer arrange the survey of the property?
Principality will need an independent valuation of the property. Your lawyer will not arrange this. Usually Principality will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Keighley surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I am selling our home in Keighley and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. A high street Keighley conveyancer would know this is not the case. It does beg the question why the purchasers instructed an online conveyancing firm rather than a conveyancing solicitor in Keighley. We have lived in Keighley for three years we know that this is a non issue. Should we contact our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
Are there restrictive covenants that are commonly identified as part of conveyancing in Keighley?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Keighley. 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…’
How does conveyancing in Keighley differ for newly converted properties?
Most buyers of new build or newly converted property in Keighley come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in Keighley typically buy 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 conveyancing solicitors 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 used to new build conveyancing in Keighley or who has acted in the same development.
I have been on the look out for a leasehold apartment up to £235,500 and found one round the corner in Keighley I like with a park and railway links nearby, the downside is that it only has 51 remaining years left on the lease. There is not much else in Keighley suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a mortgage the shortness of the lease will likely be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.