Me and my fiance are planning to purchase a 2 bedroom flat in Kirkby Lonsdale with a mortgage. We like our Kirkby Lonsdale lawyer, but the mortgage company says he's not on their "panel". We have to appoint one of the mortgage company panel conveyancing practices or retain our Kirkby Lonsdale conveyancing practitioner as well as pay for one of their panel lawyers to represent them. We feel that this is unjust; is there anything we can do?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Kirkby Lonsdale conveyancing lawyer to apply to be on the conveyancing panel.
My wife and I are soon to exchange on the purchase of a house in Kirkby Lonsdale but as a result of damage from the recent storms I have was able negotiate reparation from the current proprietors of £2k taking the form of a adjustment in the price. This was going to be addressed as part of amending the contract but UBS will not permit this. Why were they approached?
Your property lawyer being on the UBS conveyancing panel is required to advise UBS of any amendments to the sale price. If you prohibit your conveyancing practitioner to notify the price change to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancer for your conveyancing in Kirkby Lonsdale.
Do the Building Society Association intend to launch a search tool with a view to list firms on the Melton Mowbray Building Society conveyancing panel for example in Kirkby Lonsdale?
Lexsure has not been advised of any intention on the part of the BSA to develop such a register.
Over the last few months I have been searching for a flat up to £195,000 and identified one near me in Kirkby Lonsdale I like with amenity areas and station in the vicinity, the downside is that it's only got 52 years on the lease. There is not much else in Kirkby Lonsdale in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan the remaining unexpired lease term will likely be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
I am a sole trader looking to lease a unit on the high street. Can you recommend solicitors offering no-sale-no costs for commercial conveyancing in Kirkby Lonsdale for below 2k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Kirkby Lonsdale, including the disposal and acquisition of businesses as well as simply premises. Whether you are intending to purchase or sell a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right firm. Regarding the fees these will vary based on the structure and heads of terms of the deal. Let us have your contact information or phone so as to enable us to provide you with a detailed commercial conveyancing quote.
My mum and dad are unable to locate their Kirkby Lonsdale property on the HM Land Registry site. They recall that back in the 60’s when they bought the bungalow there were complications concerning the address not being identified on some systems.
The vast majority of premises in Kirkby Lonsdale should appear. Have you attempted a search to simply the postcode. Normally it will mention all the houses and flats inside that postcode. Where registered it will be there with a title number. If they bought back in the 60’s it's conceivable it may be unregistered. The property may still be revealed but with the title number shown 'na'. In this scenario you will need to track down the original title documentation which might be with your parent’s mortgage company.