Why is leasehold purchase conveyancing in Weldon costs more?
In summary, leasehold conveyancing in Weldon and elsewhere usually requires more hours of investigation compared to freehold transactions. This includes lease investigation, communicating with the landlord concerning serving appropriate notices, obtaining up-to-date service charge and management information, procuring the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different proprietor have owned the lease since it was first granted.
Are there restrictive covenants that are commonly picked up during conveyancing in Weldon?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Weldon. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I decided to have a survey carried out on a house in Weldon before instructing solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some banks may not grant a loan on a flying freehold home.
It depends who your proposed lender is. HSBC has different instructions from Halifax. If you e-mail us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Weldon. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Weldon to see if the conveyancing costs will increase in light of this.
We are 3 weeks into a freehold purchase having been recommend to solicitors by the high street agent to do our conveyancing in Weldon. We are not happy. Could you help me find new lawyers?
A conveyancer would have to be very poor in order to consider replacing them. Has the loan offer been issued? If so you will need to advise them of the new lawyer and have the offer are re-sent. Your solicitor ideally should be on the banks panel to avoid supplemental charges and delays. That should be your starting point. The search tool can assist you in finding a lender approved solicitor for your conveyancing in Weldon
Your search tool is useful but there are many lawyers listed near Weldon being on the lender conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our lender?
We do not recommend specific Weldon firms as the right Weldon conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Weldon knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..