We're in Scarborough, FTBs purchasing with a mortgage (lender is Clydesdale , and our lawyer is on the Clydesdale conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Clydesdale conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
A colleague suggested that if I am buying in Scarborough I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes quoted for as part of the standard Scarborough conveyancing searches. It is not a small report of more than thirty pages, listing and setting out important information about Scarborough around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Scarborough Education with plans and statistics, Local Amenities and other useful data regarding Scarborough.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a quick, no chain conveyancing. Scarborough is the location of the property. What do you suggest?
Flying freeholds in Scarborough are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Scarborough you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Scarborough 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 property.
In my capacity as executor for the will of my father I am selling a residence in Neath but live in Scarborough. My solicitor (who is 250 miles from merequires that I execute a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Scarborough who can witness and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are located in Scarborough
I am attracted to a two maisonettes in Scarborough both have approximately forty five years left on the lease term. Do I need to be concerned?
There are plenty of short leases in Scarborough. The lease is a legal document that entitles you to use the property for a prescribed time frame. As a lease gets shorter the saleability of the lease deteriorates and results in it becoming more expensive to extend the lease. This is why it is advisable to extend the lease term. More often than not it is difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a difficult process. We recommend you seek professional assistance from a solicitor and surveyor with experience in this area.
Scarborough Leasehold Conveyancing - A selection of Questions you should consider Prior to Purchasing
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How many of the leaseholders are in arrears for their maintenance charge payments? Best to be warned whether window replacement or some other significant cost is anticipated to be shared by the tenants and will materially increase the the maintenance fees or necessitate a one time payment. Many Scarborough leasehold apartments will be liable to pay a service charge for the upkeep of the building invoiced on behalf of the freeholder. Should you acquire the property you will have to pay this contribution, usually periodically throughout the year. This could be anything from two or three hundred pounds to thousands of pounds for buildings with lifts and large common grounds. There will also be a ground rent to be met annual, this is usually not a exorbitant sum, say approximately £25-£75 but you should to enquire as on occasion it can be many hundreds of pounds.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the bank conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the bank conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the bank solicitor panel.