What does my ID and proof of funds have anything to do with my conveyancing in Headingley? Why is this being asked of me?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the ID of the person or body they are dealing with before they can accept their conveyancing business. The Terms of Engagement that you need to sign should stipulate this. Your lender will also require certain documents to be checked. Where you are unwilling to provide identification documents, your conveyancer would not be able to act for you.
I am helping my aunt sell her flat in Headingley. Will the solicitor order an EPC or should I organise this?
After the demise of Home Information Packs, energy performance certificates was maintained a compulsory element of moving property. An energy performance certificate must be commissioned prior to the property being marketed. It is not as aspect of the sale process that law firms ordinarily organise. Where you are instructing a Headingley conveyancing solicitor they might help arrange energy assessments due to their contacts with long established Headingley providers
We are getting the release of further funds on our home loan from Leeds Building Society as we wish to conduct a loft conversion to our property in Headingley. Do we need to appoint a bricks and mortar Headingley solicitor on the Leeds Building Society conveyancing panel to deal with the paperwork?
Leeds Building Society don't usually instruct firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Leeds Building Society conveyancing panel.
I have finally had an offer on a flat in Headingley agreed to, but there is a chain. The vendors have put an offer on somewhere, but it’s not yet agreed to, and have viewings of other apartments in the pipeline. I have selected a nearby conveyancing solicitor in Headingley. What should be my next step? At what point do I apply for the mortgage with HSBC?
It is normal to have apprehensions where there is a chain as you are unlikely to want to incur costs too early (mortgage application is in the region of one thousand pounds, then valuation, Headingley conveyancing search fees, etc). First, you must ensure that your lawyer is on the HSBC conveyancing panel. As to the subsequent stages this very much dictated by the uniqueness of your transaction, attraction to the property and on the state of the market. During a buoyant market some buyers will apply for the mortgage with HSBC and arrange for the valuation and only if it comes back ok would they pay their solicitor to proceed with searches.
The deeds to my property can not be found. The conveyancers who dealt with the conveyancing in Headingley 5 years ago are no longer around. Will I be able to sell the house?
You no longer need to hold title original deeds to evidence that you are the owner of your registered land or premises, given that the Land Registry have everything they need in a digital format.
How simple is it to swap conveyancer as I need to select a firm on the TSB conveyancing list. I was using a family conveyancing solicitor in Headingley round the corner but she is not approved by TSB
It would be our pleasure to help you select a conveyancing solicitor in Headingley on the TSB panel. Please note that the solicitors that we list do not pay us a referral fee if you instruct them and are under regulation of the SRA who oversee all conveyancing solicitors in Headingley. Using the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Headingley.
Due to sign contracts shortly on a basement flat in Headingley. Conveyancing solicitors inform me that they will have a report out to me next week. What should I be looking out for?
Your report on title for your leasehold conveyancing in Headingley should include some of the following:
The length of the lease term. You should receive guidance as what happens when the lease ends, and informed of the importance of the 80 year mark You should have a good understanding of the insurance provisions Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? Repair and maintenance of the flat You should be sent a copy of the lease
I acquired a 1 bedroom flat in Headingley, conveyancing having been completed July 1999. Can you give me give me an indication of the likely cost of a lease extension? Comparable flats in Headingley with over 90 years remaining are worth £181,000. The ground rent is £55 invoiced annually. The lease terminates on 21st October 2070
With 51 years unexpired we estimate the premium for your lease extension to be between £30,400 and £35,200 as well as costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.