I am due to exchange on the purchase of a property in Seaton Delaval but as a result of wreckage from some water damage at the property I have was able negotiate recompense from the owner of £3k in the form of a adjustment in the price. I had intended this to be addressed as part of amending the contract however Leeds Building Society will not permit this. Why were they approached?

Any conveyancing practitioner being on the Leeds Building Society conveyancing panel is duty bound to disclose to Leeds Building Society of any variations to the sale price. If you were to refuse your solicitor to disclose the price change to Leeds Building Society then they would have to discontinue acting for you. In addition, Leeds Building Society and you would have to appoint a new solicitor for your conveyancing in Seaton Delaval.

I am planning to acquire a house and need a conveyancing solicitor in Seaton Delaval who is on the Lloyds TSB Bank solicitor. Can you recommend a local firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Lloyds TSB Bank in certain locations such as Seaton Delaval. We dont recommend any particular firm.

I moved into my flat on 10 May and the transaction details is not yet registered. Any reason for this? My conveyancing solicitor in Seaton Delaval advises it will be formalised inside ten days. Are properties in Seaton Delaval uniquely lengthy to register?

As far as conveyancing in Seaton Delaval registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timescales can adjust depending on who lodges the application, whether it is in order and whether the Land registry must send notices to any interested parties. Currently in the region of 80% of submission are completed in less than three weeks but occasionally there can be protracted hold-ups. Registration occurs once the purchaser has moved in to the property therefore 'speed' is not typically primary concern yet if there is a degree of urgency associated with the registration then you or your lawyers must communicate with the Registry to express the reasoning for the application to be prioritised.

I am a sole trader looking to take an assignment of a lease of a shop on a shopping parade. Can you recommend conveyancers offering no-sale-no fees for commercial conveyancing in Seaton Delaval for less than 1500k?

We can recommend firms who host a wealth of experience of commercial conveyancing in Seaton Delaval, including the sale and acquisition of businesses as well as simply premises. If you are hoping to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will find you the right firm. Regarding the charges this will depend on the structure and heads of terms of the proposed transaction. Let us have your details or telephone so as to enable us to furnish you with a fixed commercial conveyancing calculation.

I today plan to offer on a house that seems to meet my requirements, at a reasonable price which is making it more attractive. I have since discovered that the title is leasehold as opposed to freehold. I would have thought that there are issues buying a leasehold house in Seaton Delaval. Conveyancing advisers have are soon to be instructed. Will my lawyers set out the risks of buying a leasehold house in Seaton Delaval ?

Most houses in Seaton Delaval are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can help the conveyancing process. We note that you are purchasing in Seaton Delaval in which case you should be shopping around for a Seaton Delaval conveyancing solicitor and be sure that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a lessee you will not be entirely free to do whatever you want to the property. The lease comes with conditions such as obtaining the landlord’sconsent to conduct changes to the property. It may be necessary to pay a contribution towards the maintenance of the communal areas where the property is located on an estate. Your conveyancer should report to you on the legal implications.

I acquired a basement flat in Seaton Delaval, conveyancing was carried out 4 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Seaton Delaval with over 90 years remaining are worth £206,000. The ground rent is £45 per annum. The lease expires on 21st October 2090

With just 65 years remaining on your lease the likely cost is going to be between £13,300 and £15,400 plus professional fees.

The figure above a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.