I can't travel far from Knaresborough. Please clarify why all Knaresborough lawyers aren't included on all mortgage company panels?
Even though it may seem unfair for lenders to limit who can represent them, from the public’s or solicitor’s point of view, the flip side is that lenders are becoming ever more anxious and consider it crucial to protect them from illegal activities. As a consequence of this concern mortgage companies have restricted their conveyancing panel to a manageable size.
There are a variety of conveyancing solicitors in Knaresborough but how do I know who's good?
We would encourage you not to go for the lowest Knaresborough conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I am assisting my step-mother sell her flat in Knaresborough. Will the conveyancing solicitor commission the EPC or should I organise this?
Following the demise of HIPs, energy performance certificates became a required part of selling a property. An EPC needs to be to hand in advance of the property being placed on the market. This is not as aspect of the sale process that conveyancers normally organise. Where you are using a Knaresborough conveyancing lawyer they may be willing to arrange EPC’s given their contacts with long established local accredited person
Two weeks ago we had a mortgage agreed in principle with Virgin Money. Knaresborough conveyancing solicitors were instructed. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
There is no definitive answer here. Have Virgin Money done the valuation? Have you informed Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I have been told that property searches are the main cause of delay in Knaresborough conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not feature within the most frequent causes of hindrances in the conveyancing process. Searches are not likely to be the root cause of holding up conveyancing in Knaresborough.
In what way does the Landlord & Tenant Act 1954 impact my business premises in Knaresborough and how can your lawyers assist?
The particular law that you refer to gives a safeguard to business lessees, granting the legal entitlement to apply to court for a continuation of occupancy when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and assist with commercial conveyancing in Knaresborough
I own a leasehold flat in Knaresborough. Conveyancing and Norwich and Peterborough Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1996. The conveyancing solicitor in Knaresborough who previously acted has long since retired. Any advice?
The first thing you should do is contact the Land Registry to make sure that this person is indeed the new freeholder. There is no need to instruct a Knaresborough conveyancing solicitor to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Knaresborough Conveyancing for Leasehold Flats - A selection of Questions you should consider before Purchasing
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This question is important as a) areas can result in problems in the building as the communal areas may start to deteriorate if repairs remain unpaid b) if the leasehold owners have a dispute with the running of the building you will want to have all the details What is the the remaining lease term? If a Knaresborough lease has less than 80 years it will impact the value of the apartment. It is worth checking with your bank that they are willing to go ahead with the loan given the lease term. A short lease means that you will most likely have to extend the lease at some point and it is worth discovering what this will be. Remember, in most cases you will need to own the residence for 24 months in order to be entitled to extend the lease.