A friend informed me that in buying a property in Lancashire there could be various restrictions prohibiting external changes to the property. Is this right?
There are anumerous of properties in Lancashire which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Lancashire should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My husband and I are at the point of viewing flats in Lancashire and I am about to put in an offer. Should I already have a lawyer appointed at this stage? I intend to finance via a mortgage with Co-operative.
It would be wise to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are obtaining a mortgage with Co-operative, make sure you remember to check that your lawyer is on the Co-operative conveyancing panel.
I recently had an offer accepted on an apartment in Lancashire. My financial adviser suggested a solicitor. I paid an on account payment of £200. Soon after, the lawyer contacted me to say that they were not on the Lloyds conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Lloyds panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Just acquired a semi-detached house in Lancashire , how long should it take for the Land Registry to register my proprietorship? My Lancashire conveyancing solicitor works at snail pace, so I want to be certain that my name is recorded.
There is nothing unique about conveyancing in Lancashire registration formalities. As opposed to being determined by geographic area, timescales can differ depending on the party submitting the application, whether it is in order and whether the Land registry communicate with any interested parties. Currently in the region of 80% of submission are completed within two weeks but occasionally there can be longer delays. Registration is effected once the buyer is living at the premises therefore 'speed' is not always an essential issue yet where there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for the application to be prioritised.
How does conveyancing in Lancashire differ for new build properties?
Most buyers of new build premises in Lancashire contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because builders in Lancashire tend to acquire the land, 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 conveyancers 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 Lancashire or who has acted in the same development.
My company is planning to take over a lease of an office on the high street. Can you recommend conveyancers offering fixed fees for commercial conveyancing in Lancashire for under £1,200?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Lancashire, including the disposal and acquisition of businesses as well as simply property. Whether you are looking to purchase or lease a shop, pub, restaurant, office, retail premises or a whole business we will find you the right firm. As for the costs these will vary based on the structure and nuances of the deal. Let us have your contact information or email so as to enable us to supply you with a fixed commercial conveyancing calculation.
We're first time buyers - had an offer accepted, yet the selling agent told us that the seller will only move forward if we appoint their preferred conveyancers as they need an ‘expedited deal’. Our preferred option is to instruct a local solicitor accustomed to conveyancing in Lancashire
It is improbable the vendors are driving this. If they desire ‘a quick sale', taking such a hostile approach to a motivated buyer is going to damage their objectives. Contact the sellers directly and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)but you are going to appoint your preferred Lancashire conveyancing solicitors - rather thanthe ones that will provide their negotiator at the agency a kickback or hit his conveyancing targets pre-set by head office.
I am just shy of a 10% deposit on my flat purchase in Lancashire , but I am keen go ahead. Do I have options?
One option is to try and accept a lower deposit. Most vendors will accept a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second