My husband and I are purchasing a newly constructed flat in Ackworth and my conveyancer is advising me that she has to the mortgage company to reveal incentives from the developer. I am on a tight deadline to exchange contracts and I would rather not delay deal. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are purchasing a flat and need a conveyancing solicitor in Ackworth who is on the Virgin Money conveyancing panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Virgin Money . We don't recommend any particular firms conducting conveyancing in Ackworth.
We're in Ackworth, First timers buying with a mortgage (lender is RBS , and our lawyer is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Just acquired a detached house in Ackworth , What is the estimated time for the Land Registry to register my ownership? My Ackworth conveyancing solicitor has been painfully slow, so I want to check the registration is concluded.
There is nothing unique about conveyancing in Ackworth registration formalities. Rather than based on location, timescales can adjust according to the party submitting the application, whether it is in order and if the Land registry have to notify any 3rd parties. As of today in the region of three quarters of such applications are completed in less than three weeks but occasionally there can be extensive hold-ups. Registration occurs after the new owner has moved in to the property therefore an expedited registration is not typically primary concern but where it is urgent that the the registration takes place urgently then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.
In what way does the Landlord & Tenant Act 1954 affect my commercial premises in Ackworth and how can your lawyers assist?
The particular law that you refer to gives protection to commercial leaseholders, giving them the a statutory right to make a request to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Ackworth is one of our numerous areas of the UK in which the firms we work with are located