Having sold my house in North Yorkshire last June yet the purchaser is whats apping daily complaining that her lawyer is waiting to hear from myconveyancer. What are the post completion sale legalities now that I have sold?
Post completion of your sale your conveyancer should forward the transfer deeds and all of the paperwork to the purchaser's lawyers. Where appropriate, your solicitor must also confirm that the legal charge in favour of the lender has been paid off to the buyers conveyancers. There is unlikely to be post completion steps peculiar conveyancing in North Yorkshire.
There is lots of here regarding conveyancing in North Yorkshire but what is your top tip for finding the right conveyancer in North Yorkshire
It would be unwise to be tempted by the lowest North Yorkshire conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. 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 know exactly what you’ll have to pay in ahead of the deal.
I can not work out if my mortgage offer requires a lease extension. I have called into my local North Yorkshire building society branch on a couple of occasions and was reassured it wasn't a problem and they will lend. My North Yorkshire conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned and was told they refuse to lend in accordance with their specific requirements. Who do I believe?
The property lawyer must follow the CML Handbook Part 2 conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
About to purchase flat in North Yorkshire. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Coventry BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the North Yorkshire conveyancing practitioner is on the Coventry BS conveyancing panel.
I'm purchasing a new build house in North Yorkshire with a loan from Aldermore. The sellers refused to move on the amount so I negotiated 6k of fixtures and fittings instead. The property agent advised me not inform my lawyer about the deal as it could adversely affect my mortgage with the bank. 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 for a conveyancing lawyer in North Yorkshire for my purchase. Is it possible to see a solicitor's record with the profession’s regulator?
Members of the public can find documented Solicitor Regulator Association (SRA) determinations stemming from investigations started on or after Jan 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The SRA could monitor call for training reasons.
Frank (my husband) and I may need to sub-let our North Yorkshire basement flat temporarily due to a career opportunity. We used a North Yorkshire conveyancing practice in 2003 but they have since shut and we did not have the foresight to seek any advice as to whether the lease permits subletting. How do we find out?
Your lease dictates the relationship between the landlord and you the flat owner; in particular, it will say if subletting is not allowed, or permitted but only subject to certain caveats. The rule is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in North Yorkshire do not prevent strict prohibition on subletting – such a clause would undoubtedly devalue the flat. In most cases there is a basic requirement that the owner notifies the freeholder, possibly supplying a copy of the sublease.
Leasehold Conveyancing in North Yorkshire - A selection of Questions you should ask before buying
How many of the leaseholders are in arrears for their service charge payments? Most North Yorkshire leasehold flats will incur a service charge for maintenance of the building invoiced by the landlord. Where you purchase the property you will have to pay this amount, normally in instalments accross the year. This could vary from several hundred pounds to thousands of pounds for buildings with lifts and large communal areas. There will also be a ground rent for you to pay yearly, normally this is not a exorbitant amount, say approximately £25-£75 but you need to check as occasionally it can be prohibitively expensive. Best to be warned whether fixing the lift or some other major work is due shortly that will be shared by the leasehold owners and will dramatically increase the the maintenance charges or necessitate a specific payment.