Just had an offer accepted on a new build flat in Yeadon. Conveyancing is a frightening process 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 are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Yeadon
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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. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. 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.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what should have been a simple, chain free conveyancing. Yeadon is the location of the property. Is there any guidance you can give?
Flying freeholds in Yeadon are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Yeadon you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Yeadon may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
How easy is it to switch firm as I have to instruct one who is on the Lloyds TSB Bank conveyancing panel. I had appointed a local conveyancing solicitor in Yeadon round the corner but the firm is not approved by Lloyds TSB Bank
It would be our pleasure to assist you find a conveyancing solicitor in Yeadon on the Lloyds TSB Bank panel. Please note that the conveyancers that we list do not pay us a referral fee if you instruct them and are under regulation of the Solicitors Regulation Authority who oversee all conveyancing solicitors in Yeadon. In making use of search facility on this website, you can scrutinise fees for conveyancing solicitors in Yeadon and throughout England and Wales.
I am thinking of appointing a conveyancing lawyer in Yeadon for my home move. Can I check a firm’s complaints history with the legal regulator?
You may find published Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training reasons.
Some months ago I was advised by my bank that their approved solicitors operate no sale no fee basis for conveyancing in Yeadon. My purchase did not proceed nevertheless the solicitors have invoiced for search fees! They say the fees are nothing to do with their fees!
Yeadon conveyancing search costs are separate expenses not legal costs as these are payable to independent parties.