Do the conveyancing solicitors identified via your search tool carry out conveyancing in Todwick by way of an attended exchange?
We do have a number of conveyancing experts carrying out one day exchanges. Please e-mail us to receive a costs illustration and details as to availability.
I am helping my aunt sell her house in Todwick. Does the conveyancing solicitor commission the energy assessment or do I organise this?
After the demise of Home Packs, EPC’s was retained a mandatory element of selling a property. An energy assessment should be commissioned in advance of the property being advertised. This is not something that lawyers normally arrange. If you are using a Todwick conveyancing practitioner they may help arrange energy assessments due to their contacts with reputable local energy assessors
I currently have a mortgage with Aldermore for my property in Todwick. Conveyancing has been completed 12 months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Aldermore?
Aldermore must be informed of your intention in advance of renting your property as this is likely to be a breach of Aldermore’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Aldermore directly. You need not do this via a Aldermore conveyancing panel solicitor.
I had an offer accepted on an apartment in Todwick on 16/4/2025, valuation was booked five days later, all came back fine. Solicitor appointed, so all that was missing was my mortgage offer. Having made daily calls to Yorkshire BS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Yorkshire BS conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Will my solicitor be asking questions regarding flooding during the conveyancing in Todwick.
The risk of flooding is if increasing concern for solicitors carrying out conveyancing in Todwick. There are those who purchase a property in Todwick, fully aware that at some time, it may be flooded. However, aside from the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory insurance cover, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Lawyers are not qualified to offer advice on flood risk, but there are a numerous searches that may be undertaken by the purchaser or by their conveyancers which can give them a better understanding of the risks in Todwick. The standard completed inquiry forms sent to a buyer’s solicitor (where the Conveyancing Protocol is adopted) includes a standard question of the seller to find out whether the property has ever been flooded. In the event that the premises has been flooded in past which is not revealed by the owner, then a buyer may commence a claim for damages stemming from an incorrect response. The purchaser’s solicitors may also commission an environmental report. This will disclose if there is any known flood risk. If so, further investigations should be conducted.
It has been 2 months following my purchase conveyancing in Todwick completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been on the look out for a ground for flat up to £245,000 and identified one near me in Todwick I like with open areas and station nearby, the downside is that it's only got 52 remaining years left on the lease. There is not much else in Todwick for this price, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a mortgage the remaining unexpired lease term will be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you may request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
I would like to sublet my leasehold flat in Todwick. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for their consent?
A lease governs the relationship between the landlord and you the leaseholder; specifically, it will say if subletting is banned, or permitted but only subject to certain conditions. The rule is that if the lease contains no expres ban or restriction, subletting is allowed. Most leases in Todwick do not contain an absolute prevention of subletting – such a clause would adversely affect the market value the flat. In most cases there is simply a requirement that the owner notifies the freeholder, possibly sending a copy of the tenancy agreement.
I am the registered owner of a garden flat in Todwick, conveyancing was carried out November 1999. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Todwick with over 90 years remaining are worth £195,000. The ground rent is £45 invoiced annually. The lease terminates on 21st October 2088
With 63 years left to run we estimate the price of your lease extension to span between £16,200 and £18,600 as well as professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.