Is there a reason to use a Selby conveyancing company when web based alternatives are less expensive?
Its a good idea to compare conveyancing costs in Selby and you should seek a reasonable fee calculation but don’t be focused with scouring the internet for the lowest priced Selby conveyancer. Appointing the right conveyancer can mark the difference between a seamless and a frustrating move. It is important that you ensure that you have expert advice from a trusted solicitor. Emails can't take the place of a telephone conversation and are no substitute for a one to one consultation. The firms that we work with will find you a qualified and trusted conveyancing solicitor that will tackle your conveyancing from beginning to end, giving the sort of hand holding that you rarely receive from an web based conveyancer. Our lawyers will inform you on any developments making sure that you are ensuring that you are updated at regular intervals. Should it ever be necessary to phone the office you will be sure who to ask for and they will ensure you're not left wondering what's going on.
About to place an offer on a leasehold property in Selby. The estate agents tell me that it is usual for flats in Selby to have less than 75 years remaining. I am obtaining a loan with Tesco Bank. Will the property be mortgageable given that the lease has 69 years to go.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 27/7/2025 the requirements read as follows :
I'm buying a new build house in Selby with a mortgage from Accord Mortgages Ltd. The developers refused to reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not inform my conveyancer about this side-deal as it may affect my mortgage with the bank. Is this normal?.
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.
Due to the encouragement of my in-laws I had a survey completed on a house in Selby ahead of retaining lawyers. I have been told that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies will not give a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements from Birmingham Midshires. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Selby. Conveyancing will be smoother if you use a solicitor in Selby especially if they are accustomed to such properties in Selby.
What is different about your site and other internet conveyancing solicitors for conveyancing in Selby?
At this site secure an accurate quote via a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Selby. As opposed to estate agents and many comparison sites we do not operate referral deals with solicitors. Some agents and online brokers 'recommend' solicitors that pays the highest commission, rather than the best value conveyancing in Selby
I've recently bought a leasehold property in Selby. Do I have any liability for service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Leasehold Conveyancing in Selby - Sample of Queries before buying
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The majority of Selby leasehold apartments will be liable to pay a service charge for maintenance of the building levied by the landlord. Should you buy the property you will have to meet this liability, usually in instalments throughout the year. This can be anything from several hundred pounds to thousands of pounds for buildings with lifts and large common grounds. In all probability there will be a rentcharge for you to pay yearly, ordinarily this is not a large sum, say around £25-£75 but you need to check it because on occasion it can be many hundreds of pounds. Are any of leasehold owners in arrears of their service charge payments? Generally speaking the cost for major works tend not to be wrapped into the service charges, although some managing agents in Selby ask leasehold owners to pay into a reserve fund created for the specific intention of building a fund for major repairs or maintenance.