Can you explain why leasehold purchase conveyancing in Pudsey costs more?
The conveyancing fees on a leasehold property in Pudsey is inevitably higher than on a freehold transaction. This is due to the extra investigations required in communicating with the landlord and management company to collate the information about whether the rent and maintenance charges have been discharged and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the block.
Are the BSA intent on creating a search tool with a view to to identify solicitors on the Coventry BS conveyancing panel for instance in Pudsey?
We would not expect to be advised of any intention on the part of the BSA to develop such a tool.
Just bought a detached house in Pudsey , how long should it take for the Land Registry to register the transfer to my name? My Pudsey conveyancing solicitor works at snail pace, so I want to be certain that my name is recorded.
As far as conveyancing in Pudsey registration is no quicker or slower than the rest of England and Wales. As opposed to being determined by geographic area, timescales can vary depending on the party submitting the application, whether there are errors and if the Land registry need to notify any other parties. Currently approximately 80% of such applications are fully dealt with within 12 days but occasionally there can be longer delays. Registration takes place once the purchaser has moved in to the premises so 'speed' is not typically primary concern but where it is urgent that the the registration takes place urgently then you or your solicitor could speak with the land registry and explain the circumstances.
I opted to have a survey done on a property in Pudsey in advance of instructing conveyancers. I have been informed that there is a flying freehold overhang to the house. My surveyor advised that some banks may refuse to grant a loan on this type of property.
It varies from the lender to lender. HSBC has different instructions from Nationwide. Should you wish to call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Pudsey. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Pudsey to see if the conveyancing will be more expensive.
My conveyancers in Pudsey have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with the mortgage company. Is it case that being on the mortgage company conveyancing panel they need to have retained the file for a prescribed period?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the mortgage company directly.