When can the exchange of contracts occur in domestic conveyancing in Scotter and am I required to attend the solicitors branch?

Where you are in close proximity to our conveyancing solicitors in Scotter you are welcome to come in to sign contracts. That being said, the law practices we work with supply countrywide coverage for conveyancing and give as equally diligent and professional a job for you when communicating with you by post or email. The signing of the contract is not the critical part. Signing on the dotted line is necessary for the conveyancer to exchange contracts at the suitable time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Scotter)to be in the office available at the end of the phone to exchange contracts.

We wanted to use a conveyancing solicitor in Scotter for our house move. Our broker informed us that our bank Leeds Building Society won't deal with them. Why is this not regarded as unduly restrictive?

Before the recession most banks had an appetite for risk which was higher than today. Almost all Scotter conveyancing firms would have been on many lender panels. The FSA in 2010 carried out a thematic review into mortgage fraud which come to the conclusion: know the conveyancing solicitors dealt with. Consequently, lenders have regularly sought more information from law firms concerning their operations and their employees and establishing certain criteria such a completing on a minimum number of transactions. Many Scotter conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Scotter is amongst the numerous areas where the conveyancers we list are members of the panel for Leeds Building Society.

The deeds to our house are lost. The conveyancers who dealt with the conveyancing in Scotter 4 years ago have long since closed. What are my options?

These day there are duplicates made of almost everything, and your conveyancer will be aware precisely where to locate all the appropriate documentation so you can purchase or sell your property without a hitch. Where copies can’t be located, your lawyer may be able to put in place insurance or indemnities protecting you against future claims on your premises.

In what way does the Landlord & Tenant Act 1954 affect my business offices in Scotter and how can your lawyers assist?

The 1954 Act affords protection to business leaseholders, granting the dueness to make a request to court for a new tenancy and remain in occupation when the lease reaches an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and assist with commercial conveyancing in Scotter

Looking forward to complete next month on a ground floor flat in Scotter. Conveyancing solicitors have said that they are sending me a report within the next couple of days. Are there areas in the report that I should be focusing on?

Your report on title for your leasehold conveyancing in Scotter should include some of the following:

The unexpired lease term. You should receive guidance as what happens when the lease expires, and informed of the importance of the 80 year mark Does the lease require carpeting throughout thus preventing wood flooring? Who has the liability for repairing the window frames Responsibility to repair and maintain the block. It is essential that you know who is liable for the repair and maintenance of all parts of the block and communal areas Are pets allowed in the flat?

I inherited a 1 bedroom flat in Scotter, conveyancing formalities finalised in 1999. Can you work out an approximate cost of a lease extension? Equivalent flats in Scotter with a long lease are worth £211,000. The ground rent is £50 levied per year. The lease comes to an end on 21st October 2092

With 68 years left to run we estimate the premium for your lease extension to range between £9,500 and £11,000 as well as legals.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.