I am assisting my niece sell her house in Westbury Park. Does the conveyancing solicitor arrange an energy performance certificate or it is for the seller to see to?
After the abolition of Home Packs, energy assessments was retained a required part of selling a house. An energy assessment must be commissioned in advance of the property being put on the market. It is not something that solicitors ordinarily arrange. Where you are instructing a Westbury Park conveyancing solicitor they might be willing to arrange energy assessments given their contacts with reputable Westbury Park assessors
Forgive me if this question is silly but I am wet behind the ears as a 1st time purchaser of a garden flat in Westbury Park. Do I collect the keys to the premises on completion from my solicitor? If this is the case, I will appoint a High Street conveyancing solicitor in Westbury Park?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the completion advance to the vendor’s lawyers, and shortly after the monies have arrived, you should be able to receive the keys from the Estate Agents and start moving into the property. Usually this happens early afternoon.
We previously appointed solicitors based in Westbury Park on the Yorkshire BS solicitor panel. They have just billed me a supplemental fee for the legal aspects of the Yorkshire BS mortgage. Is this a supplemental conveyancing fee set by Yorkshire BS?
As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your conveyancer can charge a fee for this. The fee is not set by Yorkshire BS but by your Westbury Park conveyancer. Plenty of firms on the Yorkshire BS panel will levy ’dealing with mortgage’ fee but many firms incorporate it on their overall fee.
I bought my apartment on 14 May and the transaction details is yet to be on the land registry website. Any reason for this? My conveyancing solicitor in Westbury Park said it would be registered in a couple of weeks. Are titles in Westbury Park particularly slow to register?
There is nothing unique when it comes to conveyancing in Westbury Park registration formalities. As opposed to being determined by geographic area, timeframes can adjust depending on who lodges the application, whether there are errors and whether the Land registry communicate with any 3rd parties. At present roughly three quarters of such applications are completed in less than three weeks but some can be subject to protracted delays. Historically registration takes place after the buyer has moved in to the premises thus 'speed' is not usually top priority but if it is urgent that the the registration takes place urgently then you or your solicitor should contact the land registry and explain the circumstances.
Due to the input of my in-laws I had a survey completed on a property in Westbury Park before appointing solicitors. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies may refuse to give a loan on a flying freehold property.
It depends who your proposed lender is. Lloyds has different instructions for example to Nationwide. Should you wish to telephone us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Westbury Park. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Westbury Park cover?
Non domestic conveyancing in Westbury Park covers a wide range of advice, given by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
I've recently bought a leasehold property in Westbury Park. Do I have any liability for service charges relating to a period prior to my ownership?
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. A critical element 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).
I am the registered owner of a studio flat in Westbury Park, conveyancing formalities finalised in 2004. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Westbury Park with a long lease are worth £202,000. The ground rent is £60 levied per year. The lease runs out on 21st October 2082
With only 57 years unexpired the likely cost is going to range between £28,500 and £33,000 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range 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. Do not use this information in tribunal or court proceedings. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.
My conveyancer in Westbury Park is asking me for personal identification documents stating that this forms part of his requirements as a solicitor on the mortgage company Conveyancing panel. Can this be correct?
Anti-terror and anti-money-laundering rules require Westbury Park conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that the mortgage company also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the bank's UK Finance Lenders’ Handbook requirements