Are there restrictive covenants that are commonly picked up as part of conveyancing in Helsby?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Helsby. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Just had an offer accepted on a new build flat in Helsby. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Helsby
Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared.
Over the last few months I have been searching for a leasehold apartment up to £305k and found one round the corner in Helsby I like with open areas and transport links in the vicinity, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Helsby suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a home loan the shortness of the lease may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you could ask them to 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 speak to your conveyancing solicitor about this.
How easy is it to change solicitor as I have to retain a firm on the Alliance & Leicester conveyancing list. I was using a family conveyancing solicitor in Helsby five minutes from me but the firm is not approved by Alliance & Leicester
We will our best to assist in finding you a conveyancing solicitor in Helsby on the Alliance & Leicester panel. Please note that the solicitors that we work with do not pay us a referral fee if you instruct them and are fully regulated by the SRA who regulate all conveyancing solicitors in Helsby. Using search facility on this site, you can compare charges for conveyancing solicitors in Helsby and throughout England and Wales.
My wife and I are disposing of a Helsby apartment left to us ten years ago in 2012. I have over twenty years conveyancing experience and, although retired, wish to carry out the legal work. The purchaser's conveyancing practitioner has informed me that their Lenders will not allow you to do your own conveyancing as they require the funds to be sent to a solicitor's bank account.
Mortgage instructions to lawyers from all CML members specify that If the vendor does not have legal representation the purchaser’s lawyers should check whether the lender needs to be notified so that a decision can be made as to whether or not they are willing to progress.