Our lawyer has uncovered a a problem with the lease for the apartment we are buying in Clitheroe. The other side have put forward title insurance as a solution. We are happy with insurance and will cover the costs. Our lawyer has advised that he must check that the bank is happy with this solution. Who is the client here, us or the bank?

Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the bank are the client. The appropriate lender conditions have to be complied with.

About to purchase a new build flat in Clitheroe. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Clitheroe

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?

I'm refinancing my existing property to a buy to let loan with National Westminster Bank and I will use the ballance of the raised equity towards further property. The location we are talking about is Clitheroe. Will your solicitors be able to act for the two lenders and link together the transactions?

Do use our comparison tool on this page to be sure that the solicitors are on the appropriate lender panels. On the basis that they are the solicitor should be able to simultaneously deal with the two deals but you should have a chat with you solicitor and specify your desired outcome and needs.

My husband and I are 18 days into a freehold purchase having been recommend to a firm by the selling agent to do our conveyancing in Clitheroe. I am am starting to be frustrated with the quality of service. Can you help me find new conveyancers?

A lawyer would need to be really bad to suggest changing them. Has the mortgage been issued? In the event that it has you will need to inform them of the new contact details and get the offer are re-sent. Your new conveyancer should be on the lenders panel to avoid supplemental costs and delays. That should be your first question of the new conveyancers. The search tool can assist you in finding a bank approved conveyancer for your conveyancing in Clitheroe

I've found a house that seems to tick a lot of boxes, at a great figure which is making it all the more appealing. I have since found out that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in Clitheroe. Conveyancing solicitors have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in Clitheroe ?

Most houses in Clitheroe are freehold rather than leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can assist with the conveyancing process. We note that you are purchasing in Clitheroe so you should seriously consider looking for a Clitheroe conveyancing solicitor and check that they have experience in dealing with leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be entirely free to do whatever you want with the house. The lease comes with conditions for example requiring the freeholder’spermission to carry out changes to the property. You may also be required to pay a contribution towards the upkeep of the estate where the property is located on an estate. Your conveyancer should advise you fully on all the issues.

Leasehold Conveyancing in Clitheroe - Examples of Queries before Purchasing

It is important to be aware whether redecorating or some other significant cost is anticipated to be shared amongst the leaseholders and will dramatically increase the the service fees or require a specific payment. Are any of leasehold owners in dispute over their service charge liability? What is the the remaining lease term?