We are about to sign contracts for a garden flat in Keighley. We have hit a snag. The mortgage offer with Bank of Ireland expires on 17/2/2025 but the vendors are insisting on a completion date of 19/2/2025. Can one prolong the loan expiry date?

The best person to deal with your issue is your solicitors who will calculate if he or she is better off negotiating with the bank, vendor’s conveyancers, property agents or possibly all three taking into account what has gone on in your house move to date.

Do banks and building societies provide you with an approved list of Keighley conveyancing solicitors? How do you know who is on the Lloyds conveyancing panel?

Keighley conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.

About to purchase a new build apartment in Keighley. 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.

Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Keighley

The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?

I today plan to offer on a house that seems to be perfect, at a reasonable price which is making it all the more appealing. I have since discovered that the title is leasehold rather than freehold. I would have thought that there are particular concerns purchasing a leasehold house in Keighley. Conveyancing lawyers have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in Keighley ?

The majority of houses in Keighley are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can help the conveyancing process. We note that you are purchasing in Keighley so you should seriously consider shopping around for a Keighley conveyancing solicitor and check that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. Being a lessee you will not be at liberty to do whatever you want to the property. The lease comes with conditions for example obtaining the freeholder’spermission to carry out changes to the property. It may be necessary to pay a contribution towards the maintenance of the communal areas where the house is part of an estate. Your lawyer should report to you on the legal implications.

I purchased a studio flat in Keighley, conveyancing having been completed May 2007. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Keighley with over 90 years remaining are worth £211,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease expires on 21st October 2091

With 67 years remaining on your lease we estimate the premium for your lease extension to span between £10,500 and £12,000 as well as professional fees.

The figure above a general guide to costs for extending a lease, but we are not able to supply the actual costs without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.

Been on the hunt for a conveyancing practitioner for leasehold sale conveyancing in Keighley. We are selling, simple no mortgage to pay off, no hurry, currently empty. Received an estimate from a conveyancing practitioner for a thousand pounds excluding VAT which is a little expensive considering its so straightforward. Is it possible to find less expensive fees for conveyancing in Keighley?

Given that it’s a sale only, £500 + VAT would be about the best for sale conveyancing in Keighley.