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Find a Roundhay Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Roundhay

I am purchasing a newly constructed duplex in Roundhay and my lawyer is telling me that she is duty bound to the lender to disclose incentives from the builder. I am under pressure to sign contracts and I have no desire to prolong deal. Is my lawyer right?

You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

My wife and I purchased a renovated Edwardian property in Roundhay. Conveyancing solicitor acted for me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold with the exact same address. I'd like to know for sure, how can I find out??

You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Roundhay and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with your conveyancing practitioner who conducted the purchase.

I have been on the look out for a ground for flat up to £195,000 and found one near me in Roundhay I like with a park and station in the vicinity, however it's only got 51 years on the lease. I can't really find anything else in Roundhay suitable, so just wondered if I would be making a grave error acquiring a short lease?

Should you need a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.

I have been recommended by a couple of local selling agents in Roundhay to locate a property lawyer on your site. Is there a financial incentive for Estate Agents to promote your services ahead of another?

We don’t offer any financial incentive for sending work in our direction. We thought it would be too underhand to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

Am I better off to instruct a Roundhay conveyancing practitioner who is local to the property I am hoping to buy? I have an old university friend who can conduct the legal formalities however they are based 200kilometers away.

The benefit of a high street Roundhay conveyancing practice is that you can visit the firm to sign paperwork, deliver your ID and apply pressure on them if necessary. Having local Roundhay know how is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and they were happy that should trump using an unknown Roundhay conveyancing lawyer solely due to them being round the corner.

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