Finally the sale completed on my house in East Yorkshire last November yet the purchaser is texting me complaining that their conveyancer is waiting to hear from mysolicitor. What should have happened following completion?
After completion of your sale your solicitor should deliver the transfer deeds and all of the paperwork to the purchaser's lawyers. Depending on the transaction, your solicitor must also evidence that the mortgage has been repaid to the buyers solicitors. There is unlikely to be post completion tasks peculiar conveyancing in East Yorkshire.
My wife and I are close to exchanging contracts on the sale of our house in East Yorkshire and according to the buyers it appears that there is a risk of it being built on contaminated land. Any local lawyer would know this is not the case. It does beg the question why the purchasers used an online conveyancing practice as opposed to a conveyancing solicitor in East Yorkshire. Having lived in East Yorkshire for three years we know of no issue. Is it a good idea to contact our local Authority to obtain confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I opted to have a survey completed on a house in East Yorkshire prior to retaining conveyancers. I have been told that there is a flying freehold overhang to the property. The surveyor has said that some banks tend refuse to issue a loan on such a home.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed 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.
I am a sole trader wishing to take over a lease of a shop on the high street. Can you recommend lawyers offering no-move-no fees for commercial conveyancing in East Yorkshire for less than £2000?
We can recommend firms who host a wealth of experience of commercial conveyancing in East Yorkshire, including the sale and purchase of businesses as well as simply property. Whether you are hoping to acquire or dispose of a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right lawyer. As for the costs these will vary based on the structure and complexity of the deal. Please provide us with your contact information or call us so that we may furnish you with a detailed commercial conveyancing quote.
I am looking at a two apartments in East Yorkshire both have approximately fifty years remaining on the leases. Will this present a problem?
A lease is a right to use the premises for a prescribed time frame. As the lease gets shorter the value of the lease reduces and results in it becoming more costly to extend the lease. This is why it is advisable to increase the term of the lease. Sometimes it is difficult to sell a property with a short lease because mortgage companies may be unwilling to lend money on properties of this type. Lease extension can be a difficult process. We advise that you seek professional assistance from a conveyancer and surveyor with experience in this field.
East Yorkshire Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to buying
The best form of lease structure is a share of the freehold. In this situation the tenants enjoy control and notwithstanding that a managing agent is frequently employed if the building is larger than a house conversion, the managing agent acts for the leaseholders themselves. How many of the leaseholders are in arrears for their maintenance charge payments? What restrictions are there in the East Yorkshire Lease?