Please help. My West Yorkshire solicitor is informing me me that he has toconduct West Yorkshire conveyancing searches asthe firm are on the HSBCsolicitor panel. Do I not have a choice here?
You have limited options available to you. As you are obtaining a home loan with a bank your property lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your solicitor would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the CML Handbook specifications . Even if you were a cash buyer you would be ill advised not to carry out West Yorkshire conveyancing searches.
In what way does my ID and proof of funds have anything to do with my conveyancing in West Yorkshire? What am I being asked for?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to check the identification documents of the potential client they are dealing with before they can accept their conveyancing business. The Terms of Engagement that you need to sign should reaffirm this. Your lender will also require certain documents to be checked. Where you refuse to hand over identification documents, your solicitor will not be able to take you on as a client.
My wife and I purchased a terraced Edwardian house in West Yorkshire. Conveyancing practitioner acted for me and Accord Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold with the exact same address. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner 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 remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing practitioner who conducted the purchase.
How does conveyancing in West Yorkshire differ for newly converted properties?
Most buyers of new build or newly converted property in West Yorkshire come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is constructed. This is because developers in West Yorkshire typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in West Yorkshire or who has acted in the same development.
What tools are available to locate a West Yorkshire solicitor on the Yorkshire Building Society conveyancing panel? I have wheels and am prepared to travel upto 25kilometers to meet the conveyancer.
Feel free to make use of the search on this page. Please pick a mortgage company and your location and you will see a number of West Yorkshire conveyancing lawyers locally. We have listed some West Yorkshire conveyancing firms towards the end of this page and you can contact them to check whether they are on the Yorkshire Building Society panel
Completion is due on our sale of a £300,000 garden flat in West Yorkshire in just under a week. The management company has quoted £396 for Certificate of Compliance, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge such fees for a flat conveyance in West Yorkshire?
West Yorkshire conveyancing on leasehold apartments ordinarily necessitates fees being invoiced by freeholders :
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Answering pre-contract enquiries
Where consent is required before sale in West Yorkshire
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I bought a basement flat in West Yorkshire, conveyancing having been completed in 2000. Can you work out an approximate cost of a lease extension? Corresponding properties in West Yorkshire with over 90 years remaining are worth £192,000. The ground rent is £55 yearly. The lease ends on 21st October 2078
With only 54 years remaining on your lease we estimate the premium for your lease extension to be between £32,300 and £37,400 as well as professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.