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Find a Leeswood Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Leeswood? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Leeswood transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Leeswood

My partner and I are nearing an exchange on a flat in Leeswood and my parents have transferred the ten percent deposit to my lawyer. I am now informed that as the deposit has been sent from someone other than me my lawyer needs to disclose this to my mortgage company. I am advised that, in also acting for the bank he must advise them that the balance of the purchase price is not just from me. I advised the lender about my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?

The property lawyer is legally required to clarify with mortgage company to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.

My uncle passed away last year and as sole heir and executor I was left the property in Leeswood. The house had a relatively small loan remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to Skipton, pay off the mortgage. Is this possible?

If you plan to refinance then Skipton will insist on your using a conveyancer on the Skipton conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Skipton conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Skipton mortgage is registered as a charge at the Land Registry.

In what way does the Landlord & Tenant Act 1954 affect my business property in Leeswood and how can your lawyers assist?

The particular law that you refer to provides security of tenure to commercial tenants, granting the right to apply to court for a new lease and remain in occupation when the lease comes to an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Leeswood is one of the numerous locations in which the firms we work with are located

I am looking for a conveyancing solicitor in Leeswood for my remortgage. Is it possible to see a solicitor's complaints history with the legal regulator?

One can find published Solicitor Regulator Association (SRA) decisions arising from inquisitions commenced on or after Jan 2008. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The SRA could monitor call for training reasons.

Can you provide any advice for leasehold conveyancing in Leeswood with the purpose of expediting the sale process?

  • Much of the frustration in leasehold conveyancing in Leeswood can be reduced where you appoint lawyers the minute you market your property and ask them to collate the leasehold information which will be required by the buyers’ conveyancers.
  • If you are supposed to have a share in the freehold, you should ensure that you hold the original share certificate. Arranging a replacement share certificate is often a time consuming formality and slows down many a Leeswood home move. Where a new share is required, do contact the company officers or managing agents (if applicable) for this as soon as possible. If you have carried out any alterations to the property would they have required Landlord’s approval? In particular have you installed wooden flooring? Leeswood leases often stipulate that internal structural alterations or installing wooden flooring require a licence issued by the Landlord approving such alterations. Should you dont have the paperwork in place do not contact the landlord without checking with your conveyancer in the first instance. Many landlords or Management Companies in Leeswood charge for providing management packs for a leasehold premises. You or your lawyers should discover the fee that they propose to charge. The management information can be applied for on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most common reason for delay in leasehold conveyancing in Leeswood.

I purchased a ground floor flat in Leeswood, conveyancing was carried out in 1995. Can you work out an approximate cost of a lease extension? Similar flats in Leeswood with a long lease are worth £211,000. The average or mid-range amount of ground rent is £45 yearly. The lease ceases on 21st October 2091

With only 67 years left to run we estimate the premium for your lease extension to be between £10,500 and £12,000 as well as legals.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.

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