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Ready to buy a new home in Kirkby in Ashfield? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Kirkby in Ashfield conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Kirkby in Ashfield

My colleague advised me that where I am buying in Kirkby in Ashfield I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is sometimes quoted for as part of the standard Kirkby in Ashfield conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Kirkby in Ashfield around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Kirkby in Ashfield Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Kirkby in Ashfield Education with maps and statistics, Local Amenities and other useful information about Kirkby in Ashfield.

three months have gone by since my purchase conveyancing in Kirkby in Ashfield took place. I have checked the Land Registry site which shows that I paid £150,000 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 residence 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.

Due to the advice of my in-laws I had a survey completed on a property in Kirkby in Ashfield in advance of retaining solicitors. I have been advised that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies will refuse to grant a loan on this type of premises.

It varies from the lender to lender. Bank of Scotland has different requirements for example to Nationwide. Should you wish to call us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Kirkby in Ashfield. Conveyancing may be slightly more expensive based on your lender's requirements.

In my capacity as executor for the will of my grandfather I am selling a property in Monmouth but reside in Kirkby in Ashfield. My solicitor (who is 200 miles from merequires that I execute a statutory declaration before completion. Could you suggest a conveyancing lawyer in Kirkby in Ashfield who can attest this legal document for me?

strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are based in Kirkby in Ashfield

Can you provide any advice for leasehold conveyancing in Kirkby in Ashfield from the perspective of saving time on the sale process?

  • A significant proportion of the frustration in leasehold conveyancing in Kirkby in Ashfield can be avoided if you appoint lawyers the minute your agents start marketing the property and ask them to put together the leasehold information needed by the purchasers’ conveyancers.
  • Some Kirkby in Ashfield leases require Licence to Assign from the landlord. If this applies to your lease, it would be prudent to notify your estate agents to make sure that the purchasers put in hand bank and professional references. Any bank reference will need to confirm that the buyers are financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their lawyers. Many freeholders or Management Companies in Kirkby in Ashfield levy fees for providing management packs for a leasehold property. You or your lawyers should enquire as to the actual amount of the charges. The management information sought on or before finding a buyer, thus reducing delays. The average time it takes to obtain the necessary information is three weeks. It is the most common cause of delay in leasehold conveyancing in Kirkby in Ashfield. If you have carried out any alterations to the residence would they have required Landlord’s approval? Have you, for example laid down wooden flooring? Kirkby in Ashfield leases often stipulate that internal structural changes or laying down wooden flooring require a licence issued by the Landlord acquiescing to such works. If you fail to have the approvals to hand do not communicate with the landlord without checking with your solicitor before hand.

Kirkby in Ashfield Conveyancing for Leasehold Flats - Sample of Questions you should ask Prior to Purchasing

    Does the lease have onerous restrictions? Does this lease have in excess of 82 years remaining? Is anyone aware of any major works on the horizon that could add a premium to the maintenance fees?

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Find out more about how flying freehold can affect your the value of a property.