Can you recommend a National Westminster Bank sanctioned West Yorkshire conveyancing firm finish our home move within 10 days? Would it be better to use a high street West Yorkshire firm or a nationwide conveyancer?
We can recommend some very good West Yorkshire conveyancing firms. Another option is to visit the main road in West Yorkshire. Go in to a couple of law practices and ask to speak with a conveyancing solicitor for a costs illustration. Mention your requirements together with the reasons and ask for an assurance on speed. Select the lawyer that appears most efficient.
Why is leasehold purchase conveyancing in West Yorkshire is more expensive?
In summary, leasehold conveyancing in West Yorkshire and elsewhere usually warrants extra due diligence compared to freehold transactions. This includes analysing the lease terms, liaising with the landlord about serving applicable notices, securing current service charge and management information, securing the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
My wife and I have a terraced Georgian house in West Yorkshire. Conveyancing solicitor represented me and Accord Mortgages Ltd. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the exact same address. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in West Yorkshire and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with your conveyancing solicitor who completed the work.
Just had an offer accepted on a new build apartment in West Yorkshire. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in West Yorkshire
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
I was advised by three or four local estate agents in West Yorkshire to find a solicitor on your site. What’s the financial inducement for Estate Agents to market your site rather than a competitor’s?
We don’t make any financial incentive for directing people to this site. We found it would be just too difficult to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
I would like to let out my leasehold apartment in West Yorkshire. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for permission?
Some leases for properties in West Yorkshire do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably refuse but, in such cases, they would need to see references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.
I inherited a leasehold flat in West Yorkshire, conveyancing was carried out half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in West Yorkshire with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease comes to an end on 21st October 2099
You have 74 years remaining on your lease the likely cost is going to be between £8,600 and £9,800 as well as legals.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.