We were just about to exchange contracts for a leasehold flat in Roundhay. We have hit a problem. Our mortgage offer with Aldermore runs out on 18/12/2025 but the sellers are putting forward a completion date of 22/12/2025. Is it possible to prolong the loan offer?
The best person to address this concern is your solicitors who should assess whether he or she is better off negotiating with the bank, seller’s lawyers, selling agents or indeed all three taking into account the history of your conveyancing to date.
Can I use your services to locate a Conveyancing solicitor in Roundhay even if I’m not buying or disposing of a house, for instance where I want to acquire a shop in Roundhay with a loan from Virgin Money?
Our comparison service is predominantly utilised to get a quote from domestic conveyancing solicitors in Roundhay but we have recorded towards the bottom of this page some Roundhay commercial conveyancing firms. You will need to speak with the firm directly to check if they are also authorised to represent Virgin Money
We are buying a apartment in Roundhay. I might seem paranoid but how we can trust a lawyer? On completion day we will need to deposit money into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am buying a property in Roundhay. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Santander be concerned?
Given that you are obtaining a mortgage with Santander your lawyer must check the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for Santander. The CML Handbook stipulates minimum conditions for solar panel roof-space leases, and lawyers are required to report to Santander where a lease fails to comply with these specifications. The requirements relate to the installation of panels on properties nationwide and is not isolated to Roundhay.
After weeks of negotiation I have agreed a price on a house in Roundhay. My mortgage broker recommended their conveyancers. I paid an upfront payment of £225. A few days later, the property lawyer contacted me sheepishly admitting that they were not on the Aldermore 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 Aldermore 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.
I am purchasing my first flat in Roundhay benefiting from help to buy. The builders refused to reduce the price so I negotiated £7000 of fixtures and fittings instead. The sale representative suggested that I not inform my lawyer about the deal as it may affect my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a simple, no chain conveyancing. Roundhay is the location of the property. What do you suggest?
Flying freeholds in Roundhay are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Roundhay you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Roundhay may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
If all goes to plan we aim to complete our sale of a £200,000 garden flat in Roundhay next week. The freeholder has quoted £420 for Certificate of Compliance, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Roundhay?
For most leasehold sales in Roundhay conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Answering pre-exchange questions
Where consent is required before sale in Roundhay
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Roundhay Leasehold Conveyancing - A selection of Queries Prior to buying
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If a Roundhay lease has less than eighty years it will have adverse implications on the salability of the property. Check with your bank that they are willing to go ahead with the loan given the lease term. Leases with fewer than 80 years remaining means that you will probably need a lease extension sooner rather than later and it is worth discovering what this would cost. Remember, in most cases you would be be obliged to have been the owner of the property for a couple of years before you are eligible to carry out a lease extension. Are any of leasehold owners in arrears of their service charge payments? It is important to be aware whether redecorating or some other major work is anticipated that will be shared between the leasehold owners and will materially increase the the service charges or necessitate a specific invoice.