Why is leasehold purchase conveyancing in Whitefield costs more?

The conveyancing costs for a leasehold premises in Whitefield is often greater when contrasted to a freehold property. This is due to the supplemental time necessary in corresponding with the landlord and managing agents to collate the information about whether the rent and service fee have been cleared and whether there are any major works due in the foreseeable future on repairs or maintenance of the block.

I have justfound out that Arc property Solicitors have been shut down. They conducted my conveyancing in Whitefield for a purchase of a freehold house 18 months ago. How can I check that my home is registered correctly in the name of the previous owner?

The quickest way to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Whitefield conveyancing specialists.

I'm purchasing a new build house in Whitefield with a mortgage from Leeds Building Society. The sellers would not budge the amount so I negotiated £7000 of extras instead. The sale representative suggested that I not reveal to my lawyer about the deal as it would impact my loan with the lender. Is this normal?.

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.

Due to the encouragement of my in-laws I had a survey completed on a property in Whitefield before retaining solicitors. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some lenders tend not give a mortgage on such a house.

It depends who your proposed lender is. Lloyds has different instructions from Nationwide. If you contact us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Whitefield. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Whitefield to see if the conveyancing costs will increase in light of this.

My lawyers in Whitefield have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with the bank. Is it case that being on the mortgage company conveyancing panel they need to have retained the file for a number of years?

Different lenders have different requirements 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 lender directly.