My wife and I are planning to buy a 2 bedroom apartment in Kirkstall with a mortgage. We have a Kirkstall conveyancer, however the mortgage company advise he's not on their "panel". We have to appoint one of the mortgage company panel firms or keep our Kirkstall conveyancer and pay for one of their panel ones to act for them. We consider that this is unjust; is there anything we can do?
Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Kirkstall conveyancing lawyer to apply to be on the conveyancing panel.
I'm buying a new build house in Kirkstall with the aid of help to buy. The builders refused to reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep advised me not to tell my lawyer about this extras as it may jeopardize my mortgage with the lender. Do I keep my lawyer in the dark?.
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.
I am looking to sell my house. My past lawyers closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Kirkstall if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Kirkstall. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Back In 2009, I bought a leasehold house in Kirkstall. Conveyancing and Leeds Building Society mortgage are in place. A letter has just been received from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1998. The conveyancing solicitor in Kirkstall who previously acted has long since retired. Do I pay?
The first thing you should do is contact HMLR to be sure that this person is indeed the new freeholder. You do not need to incur the fees of a Kirkstall conveyancing firm to do this as you can do this on the Land Registry website for £3. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I am the registered owner of a 1st floor flat in Kirkstall, conveyancing was carried out 6 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Kirkstall with over 90 years remaining are worth £211,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease ends on 21st October 2087
With 68 years remaining on your lease we estimate the price of your lease extension to span between £9,500 and £11,000 plus legals.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.
Our conveyancing in Kirkstall is set to complete this Friday, however the couple I am buying off has asked to move out on the Saturday midday. Do I accept such a idea?
You can't complete on a Saturday because the bank systems are not working.