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Find a Rawcliffe Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Rawcliffe conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Rawcliffe

Can you vouch for a Leeds Building Society sanctioned Rawcliffe conveyancing solicitor that can complete within a short deadline? Would it be better to use a local Rawcliffe firm or a factory type firm?

We would be happy to suggest some excellent Rawcliffe conveyancing firms. Another option is to visit the high street in Rawcliffe. Visit some well established firms and request to see a conveyancing solicitor for a quote. Discuss your deadline together with your reasons and ask for an assurance on speed. Choose the one that genuine.

I purchased a freehold house in Rawcliffe but still pay rent, why is this and what is this?

It’s unusual for properties in Rawcliffe and has limited impact for conveyancing in Rawcliffe but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.

Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.

I'm buying a new build house in Rawcliffe with a loan from Leeds Building Society. The builders refused to budge the amount so I negotiated 6k of additionals instead. The property agent told me not disclose to my solicitor about this side-deal as it may adversely affect my loan with the lender. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer 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 have been on the look out for a ground for flat up to £305k and identified one round the corner in Rawcliffe I like with open areas and transport links in the vicinity, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Rawcliffe in this price bracket, so just wondered if I would be making a mistake buying a short lease?

Should you need a mortgage the shortness of the lease may be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.

Last August I purchased a leasehold property in Rawcliffe. Do I have any liability for service charges for periods before completion of my purchase?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Rawcliffe Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to Purchasing

    It is important to be aware whether fixing the lift or some other significant cost is due in the foreseeable future to be shared by the leaseholders and will dramatically impact the level of the service charges or result in a one time payment. The best form of lease structure is a share of the freehold. In this scenario the tenants enjoy being in charge if their destiny and notwithstanding that a managing agent is usually employed if the building is larger than a house conversion, the managing agent is directed by the tenants. Are any of leasehold owners in dispute over their service charge payments?

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Find out more about how flying freehold can affect your the value of a property.