When it comes to mortgage companies such as Yorkshire BS, do Middleton St George property lawyers face a fee to be on the list of approved solicitors?
We are unaware of any lender fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
We have agreed to purchase a house in Middleton St George. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Yorkshire BS be concerned?
As your lender is Yorkshire BS your lawyer must follow the formal instructions contained in Section two of UK Finance Lenders’ Handbook for Yorkshire BS. The CML Handbook includes minimum conditions for solar panel roof-space leases, and solicitors are required to report to Yorkshire BS where a lease fails to comply with these specifications. The provisions relate to the installation of panels on properties in England and Wales and is not limited to Middleton St George.
I am currently in the process of buying my council flat in Middleton St George. I have a mortgage agreed with Lloyds. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Lloyds, you will need to appoint a solicitor on the Lloyds conveyancing panel.
How does conveyancing in Middleton St George differ for new build properties?
Most buyers of new build property in Middleton St George approach us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is finished. This is because house builders in Middleton St George usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Middleton St George or who has acted in the same development.
My husband and I are novice buyers - agreed a price, yet the property agent has warned us that the owners will only go ahead if we instruct the agent's chosen solicitors as they need an ‘expedited deal’. We would rather use a high street conveyancer with experience of conveyancing in Middleton St George
We suspect that the seller is not behind this ultimatum. Should the vendor require ‘a quick sale', turning down a motivated buyer is likely to cause more damage than good. Speak to the vendors direct and explain that (a)you are serious buyers (b)you are ready to progress, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)but you will continue to instruct your preferred Middleton St George conveyancing lawyers - not the ones that will give their estate agent a referral fee or meet his conveyancing figures set by head office.
I own a leasehold flat in Middleton St George. Conveyancing and HSBC Bank mortgage are in place. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1997. The conveyancing practitioner in Middleton St George who acted for me is not around. Any advice?
First make enquiries of HMLR to make sure that the individual claiming to own the freehold is indeed the new freeholder. There is no need to incur the fees of a Middleton St George conveyancing firm to do this as it can be done on-line for £3. You should note that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I purchased a 1st floor flat in Middleton St George, conveyancing having been completed November 2001. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Middleton St George with over 90 years remaining are worth £186,000. The ground rent is £55 charged once a year. The lease ends on 21st October 2071
With just 52 years remaining on your lease the likely cost is going to range between £29,500 and £34,000 plus professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There may be additional 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.
Been looking for a lawyer for freehold sale conveyancing in Middleton St George. I'm selling, simple no mortgage to pay off, no rush, currently vacant. Had an estimate from a conveyancer for nine hundred pounds excluding VAT which is a little expensive considering its so straightforward. Is it possible to find less expensive fees for conveyancing in Middleton St George?
Considering it’s a sale only, £500 + VAT should be about the cheapest for sale conveyancing in Middleton St George.