My wife and I are soon to complete on the purchase of a property in Tadcaster but as a consequence of damage from the recent storms I have was able negotiate compensation from the seller in the sum of three thousand pounds taking the form of a deduction in the price. I had intended this to be addressed as part of amending the contract however Principality are not allowing this. Should they have been involved?
Any lawyer being on the Principality conveyancing panel is duty bound to inform Principality of any variations to the purchase price. If you prohibit your solicitor to report the price change to Principality then they would have to discontinue acting for you. In addition, Principality and you would have to appoint a new conveyancer for your conveyancing in Tadcaster.
Do banks and building societies provide you with an approved list of Tadcaster conveyancing solicitors? How do you know who is on the Nationwide conveyancing panel?
Tadcaster conveyancing firms themselves provide us confirmation that they are on the Nationwide conveyancing panel as opposed to being supplied with a list from Nationwide directly.
My bid for a property was accepted at auction in Tadcaster. Conveyancing is required. What happens now?
Now that you are to in every practical sense signed on the dotted line you should instruct a conveyancing lawyer soon as you now have a pending a drop dead date to complete the deal. All auction property will ordinarily have a bespoke legal set of papers. This should include the copy title deeds, local authority and drainage searches. If you have purchased leasehold property the conveyancing papers should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to a leasehold property. You need to hand this to the lawyer instructed by you as soon as possible. Do make sure that that you have the requisite funding organised to complete the transaction on the set completion date.
I am purchasing a property in Tadcaster. One unusual aspect is that the roof has a solar panel. Virgin Money have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Virgin Money your lawyer must follow the conveyancing instructions outlined in Section two of UK Finance Lenders’ Handbook for Virgin Money. The Council of Mortgage Lenders’ Handbook contains minimum specifications for solar panel roof-space leases, and property lawyers are required to report to Virgin Money where a lease fails to satisfy these specifications. The requirements relate to the installation of panels on properties in England and Wales and is not isolated to Tadcaster.
I recently had an offer agreed on an apartment in Tadcaster. My mortgage broker suggested a conveyancer. I paid an advanced payment of £175. A couple of days later, the lawyer contacted me sheepishly admitting that they were not on the Yorkshire BS 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 Yorkshire BS 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.
My partner and I are downsizing from our house in Tadcaster and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A local lawyer would know this is not the case. It does beg the question why the purchasers are using a factory type conveyancing firm as opposed to a conveyancing solicitor in Tadcaster. We have lived in Tadcaster for three years we know that this is a non issue. Is it a good idea to contact our local Authority to obtain clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
Is it possible to swap firm as I have to retain one who is on the TSB conveyancing list. I hired a high street conveyancing solicitor in Tadcaster five minutes from me but the firm is not accepted by TSB
It would be our pleasure to assist you select a conveyancing solicitor in Tadcaster on the TSB panel. Please note that the conveyancers that we on the directory do not pay us fee if you instruct them and are regulated by the SRA who regulate all conveyancing solicitors in Tadcaster. Using the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Tadcaster.
I work for a busy estate agent office in Tadcaster where we see a few flat sales put at risk as a result of leases having less than 80 years remaining. I have received contradictory information from local Tadcaster conveyancing firms. Please can you clarify whether the vendor of a flat can initiate the lease extension process for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Tadcaster Conveyancing for Leasehold Flats - Sample of Queries Prior to buying
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Is anyone aware of any major works in the planning that will likely add a premium to the maintenance charges? In the main the cost for major works are not incorporated into the service charges, albeit that there some managing agents in Tadcaster ask leaseholders to pay into a reserve fund and this is used to offset against larger works.