I have just been advised by my mortgage broker that my North Yorkshire solicitor is not on the lender Solicitor panel. How can I be certain if this is indeed the case?

Your first step should be to contact your North Yorkshire conveyancer. You lawyer should advise you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.

I am buying a new build apartment in North Yorkshire. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in North Yorkshire

Please supply a car parking plan. There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.

I am looking for a ground for flat up to £235,500 and found one near me in North Yorkshire I like with amenity areas and railway links in the vicinity, however it's only got 61 remaining years left on the lease. There is not much else in North Yorkshire in this price bracket, so just wondered if I would be making a mistake buying a short lease?

Should you require a home loan the remaining unexpired lease term will be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.

Having had my offer accepted I require leasehold conveyancing in North Yorkshire. Before I set the wheels in motion I require certainty as to the number of years remaining on the lease.

Assuming the lease is registered - and most are in North Yorkshire - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

North Yorkshire Leasehold Conveyancing - Examples of Questions you should ask before Purchasing

Plenty North Yorkshire leasehold apartments will incur a service charge for the upkeep of the block invoiced by the freeholder. Where you acquire the flat you will have to meet this amount, usually quarterly accross the year. This may be anything from several hundred pounds to thousands of pounds for bigger purpose-built blocks. In all probability there will be a rentcharge for you to pay yearly, this is usually not a exorbitant amount, say approximately £25-£75 but you should to check as occasionally it can be many hundreds of pounds. The prefered form of lease arrangement is where the freehold reversion is owned by the leaseholders. In this scenario the lessees enjoy being in charge if their destiny and notwithstanding that a managing agent is usually employed where it is bigger than a house conversion, the managing agent is directed by the tenants. It is important to be aware if redecorating or some other major work is anticipated that will be shared by the leaseholders and could well dramatically impact the level of the service charges or require a one time payment.

There are plenty of properties in North Yorkshire on private roads. I am buying such a property. What are the pros and cons of purchasing a property on a private road?

North Yorkshire conveyancing firms will be well versed in conveyancing homeson unadopted roads. Your conveyancing practitioner will review the title to find any rights or responsibilities. It is possible that there is a management company (wholly owned by residents) that residents pay into to maintain the road. If there is one, the road should be maintained and appear better than council owned.