My aunt informed me that in purchasing a property in Wolston there could be various restrictions preventing external alterations to a property. Is this right?

We are aware of a number of properties in Wolston which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Wolston should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

When it comes to mortgage companies such as Kent Reliance, do Wolston conveyancers incur a yearly amount to be on the list of approved solicitors?

We are unaware of any lender fees to register on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.

is it true that all Wolston solicitor firms on the Skipton conveyancing panel are regulated by the Solicitors Regulatory Authority?

As solicitors, in order to be on the Skipton conveyancing panel they would need to be overseen by the SRA. Many lenders do permit licenced conveyancers on their panel in which case such firms would be governed by the CLC.

Are there restrictive covenants that are commonly identified during conveyancing in Wolston?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Wolston. 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…’

In what way does the Landlord & Tenant Act 1954 affect my business property in Wolston and how can you help?

The 1954 Act affords protection to commercial lessees, giving them the dueness to make a request to court for a renewal lease and remain in occupation when the lease reaches an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Wolston is one of the hundreds of locations in which the firms we work with have offices

What advice can you give us when it comes to finding a Wolston conveyancing firm to deal with our lease extension?

If you are instructing a property lawyer for lease extension works (regardless if they are a Wolston conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you talk with several firms including non Wolston conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:

Can they put you in touch with clients in Wolston who can give a testimonial?

Wolston Leasehold Conveyancing - Examples of Queries Prior to buying

It would be sensible to discover as much as possible about the company managing the building as they will impact your use and enjoyment of the property. Being a leasehold owner you are frequently in the clutches of the managing agents from a financial perspective and when it comes to every day matters such as the upkeep of the communal areas. Enquire of other tenants whether they are happy with them. In conclusion, be sure you understand the dates that you are obliged pay the maintenance charge to the appropriate party and specifically how they are spending the funds. How many years are left on the lease? On the whole the outlay for major works tend not to be wrapped into the service charges, although there some managing agents in Wolston obliged tenants to contribute towards a reserve fund and this is used to offset against larger repairs or maintenance.

Our conveyancer in Wolston has uncovered a a legal deficiency with the lease for the apartment we are buying in Wolston. The other side have offered defective title insurance as a workaround. We are content with insurance and will pay for it. Our lawyer has advised that as he is on the bank conveyancing panel he must check that the lender is happy with this solution. Who is the client here, us or the mortgage company?

Just because you have a mortgage offer from the bank does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your Wolston conveyancing lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook Requirements. You and the lender are the client. The appropriate lender requirements have to be complied with by the lender conveyancing panel who has to balance acting for you and the bank