Would the conveyancing lawyers to be found on your site conduct auction conveyancing in Keelby?

We know of a number of auction lawyers we can put you in touch with those who can conduct auction conveyancing. Keelby is just one of the many areas of in which our lawyers have offices.

Have just purchased a repossessed house at auction in Keelby. Conveyancing is necessary. What happens now?

Having legally committed yourself to purchase you will need to retain a conveyancing lawyer as a matter of priority as you are facing a fast approaching a drop dead date to complete the property. Every auction property should have an associated auction pack. This will likely include most,if not all of the documents that your lawyer requires. In the case of leasehold premises the legal pack may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to a leasehold property. You must hand this to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that that you have the requisite funding in place to complete the transaction on the set completion date.

How can we know in advance if a Keelby conveyancing solicitor on the Kent Reliance panel is any good?

When it comes to conveyancing in Keelby seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor conducting your transaction.

I have instructed a Keelby conveyancer having made sure that they are on the Yorkshire BS conveyancing panel. Does my lawyer arrange the survey of the property?

Yorkshire BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Yorkshire BS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your solicitor will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Keelby postcode. As you are getting a mortgage with Yorkshire BS, you could contact them to see if they have a list of approved surveyors in Keelby.

I am looking for a ground for flat up to £305k and identified one near me in Keelby I like with amenity areas and transport links in the vicinity, the downside is that it's only got 52 remaining years left on the lease. There is not much else in Keelby in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you need a mortgage the remaining unexpired lease term may be problematic. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.

Having had my offer accepted I require leasehold conveyancing in Keelby. Before I get started I require certainty as to the number of years remaining on the lease.

If the lease is registered - and almost all are in Keelby - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I am the registered owner of a 1 bedroom flat in Keelby, conveyancing formalities finalised 5 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Keelby with a long lease are worth £179,000. The ground rent is £65 invoiced annually. The lease expires on 21st October 2081

You have 57 years unexpired we estimate the premium for your lease extension to range between £26,600 and £30,800 plus professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed investigations. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.

At what stage do I pay the Stamp Duty Land Tax payable for my Keelby property purchase?

The majority of conveyancers tend to complete a stamp duty return for you as part of your Keelby conveyancing transaction for signature. On completion your solicitor will submit your STL Return Form to the Tax Authorities and - as long as they have the funds - settle any tax bill liability on your behalf.