About to purchase a new build flat in East Yorkshire. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in East Yorkshire
Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I decided to have a survey carried out on a house in East Yorkshire before instructing conveyancers. I have been informed that there is a flying freehold element to the house. My surveyor advised that some banks may not issue a loan on such a house.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. If you contact us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in East Yorkshire. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in East Yorkshire to see if the conveyancing will be more expensive.
Taking into account that I will soon spend over three hundred thousand on 3 bedroom house in East Yorkshire I would like to talk to a lawyer regarding thehome move before instructing the firm. Is this something that you can arrange?
Absolutely - we would be pleased to talk to you we do not take any clients on without you first talking to the lawyer due to be carrying out your property ownership legalities in East Yorkshire.There is no ‘factory style conveyancing’ - every client is unique person, not a file reference. The law firms that we put you in touch with believe that the figure you are provided with for residential conveyancing in East Yorkshire should be the figure that you end up paying.
Am I best advised to use a East Yorkshire conveyancing lawyer in close proximity to the house I am purchasing? An old friend can deal with the legal work but his firm is located approximately 350miles drive away.
The primary upside of using a high street East Yorkshire conveyancing firm is that you can visit the firm to execute paperwork, hand in your identification documents and pester them if necessary. Having local East Yorkshire know how is a plus. That being said it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and the majority were happy that should surpass using an unknown East Yorkshire conveyancing lawyer just because they are local.
I happen to be an executor of my recently deceased mother’s Will, with a bungalow in East Yorkshire which will be sold. The bungalow has never been registered at HMLR and I'm told that some estate agents will insist that it is completed before they will proceed. What's the procedure for this?
In the situation that you have set out it seems advisable to seek to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.