I have a decision in principle. The bank mentioned the loan came with free conveyancing. Does this mean I have to use their panel conveyancer as I would much rather instruct a Keighley based conveyancing firm?
Do check but the chances are that appoint one of their panel solicitors if you take up the "fee-free" offer. Call the lender to ask if they allow a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor in Keighley.
My relative suggested that where I am purchasing in Keighley I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Keighley conveyancing searches. It is a large document of about 40 pages, listing and setting out significant information about Keighley around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Keighley Education with plans and statistics, Local Amenities and other useful data regarding Keighley.
I'm purchasing my first flat in Keighley with the aid of help to buy. The developers would not move on the price so I negotiated five thousand pounds worth of extras instead. The sale representative suggested that I not to tell my solicitor about this side-deal as it may affect my loan with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
In what way does the Landlord & Tenant Act 1954 affect my commercial property in Keighley and how can your lawyers assist?
The particular law that you refer to gives protection to business leaseholders, giving them the legal entitlement to apply to court for a renewal lease and remain in occupation when the lease reaches an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act for protection and assist with commercial conveyancing in Keighley
I’m about to sell my 2 bed apartment in Keighley. Conveyancing is yet to be initiated, but I have recently received a half-yearly maintenance charge invoice – should I leave it to the buyer to sort out?
The sensible thing to do is discharge the service charge as you normally would as all rents and maintenance invoices will be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Leasehold Conveyancing in Keighley - A selection of Questions you should ask Prior to Purchasing
What is the name of the managing agents? The prefered form of lease arrangement is where the freehold title is in the ownership of the leaseholders. In this situation the leaseholders benefit from control and even though a managing agent is often employed where 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?