Why is leasehold purchase conveyancing in Yeadon costs more?
In short, leasehold conveyancing in Yeadon and elsewhere usually warrants additional hours of investigation compared to freehold conveyancing. This includes checking the lease terms, corresponding with the landlord concerning serving required notices, procuring up-to-date service charge and management information, securing the landlord’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 – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
The deeds to my house are lost. The lawyers who handled the conveyancing in Yeadon 10 years ago no longer exist. What are my options?
Gone are the days when you need to have the physical original deeds to establish that you are the registered proprietor of land or premises, as the Land Registry hold details of all registered land or property electronically.
Due to the encouragement of my in-laws I had a survey completed on a house in Yeadon prior to instructing solicitors. I have been advised that there is a flying freehold overhang to the property. Our surveyor advised that some lenders tend not issue a mortgage on a flying freehold premises.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. If you contact us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Yeadon. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Yeadon cover?
Non domestic conveyancing in Yeadon incorporates a broad array of advice, given by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
The solicitors carrying out our conveyancing in Yeadon has sent papers to review that state the property is unregistered with epitome documents. How can it be that the property not registred at the Land Registry?
Whilst most properties in Yeadon are now registered with the Land Registry there are still some that are unregistered. Any property in Yeadon that has been purchased since the late 1980’s will have been registered at the HM Land Registry under the compulsory ‘first registration’ scheme. However, if a Yeadon property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Many Yeadon conveyancing practitioners will be familiar with such matters but if any uncertainty exists the usual guidance presently is for the seller’s conveyancer to deal with the registration formalities first and subsequently sell - this will have a knock on effect to cause a significant delay.