My wife and I buying a detached bungalow in Bartley Green. The intention is to carry out a loft conversion at the property.Will legal investigations on the property include investigations to ascertain if these works are allowed?
Your conveyancer will check the registered title as conveyancing in Bartley Green can on occasion reveal restrictions in the title documents which prevent categories of works or necessitated the consent of a 3rd party. Many works require local authority planning consent and approval in compliance with building regulations. Many areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
Can you point me to a directory of Skipton panel conveyancers in Bartley Green on the Building Society Association’s Website?
No. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. Very few mortgage companies make their panel listings visible on the web. If you are in need of a Bartley Green conveyancer on the Skipton please use our tool.
It is not clear whether my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Bartley Green building society branch on a couple of occasions and was advised it wasn't an issue and they would lend. My Bartley Green conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they will not lend in accordance with their published requirements. Who do I believe?
The lawyer must comply with the Council of Mortgage Lenders’ Handbook Part 2 conditions for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
Me and my brother have a renovated Georgian house in Bartley Green. Conveyancing lawyer represented me and Leeds Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold under the matching address. I'd like to know for sure, how can I find out??
You should review 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bartley Green and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with the conveyancing lawyer who conducted the conveyancing.
How does conveyancing in Bartley Green differ for new build properties?
Most buyers of new build or newly converted property in Bartley Green contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is constructed. This is because new home sellers in Bartley Green typically purchase the land, 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 used to new build conveyancing in Bartley Green or who has acted in the same development.
I have been on the look out for a flat up to £305k and found one close by in Bartley Green I like with amenity areas and station in the vicinity, however it only has 51 years on the lease. I can't really find anything else in Bartley Green in this price bracket, so just wondered if I would be making a grave error buying a short lease?
Should you require a mortgage the shortness of the lease will be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
Should I stop my mortgage payments with Skipton as soon as a completion date for my sale in Bartley Green has been set?
You would be well advised to keep paying any mortgage payments to Skipton until the mortgage is paid off from the proceeds of sale as part of your Bartley Green conveyancing.