I own a renovated Georgian property in york. Conveyancing solicitor acted for me and . I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold under the exact same address. Is it worth asking to clarify?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in york and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with the conveyancing lawyer who completed the work.
I'm purchasing a new build house in york with the aid of help to buy. The sellers refused to move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative suggested that I not disclose to my conveyancer about this extras as it would impact my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what should have been a quick, no chain conveyancing. york is the location of the property. Can you shed any light on this issue?
Flying freeholds in york are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in york you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in york may determine 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 premises.
My business partner and I are looking to take over a lease of an office on the high street. Can you recommend lawyers offering fixed charges for non-domestic conveyancing in york for below 2k?
We can recommend firms who have well rounded knowledge of commercial conveyancing in york, including the sale and purchase of businesses as well as simply property. If you are looking to acquire or sell a shop, pub, restaurant, office, retail premises or a complete business we can find you the right solicitor. Regarding the fees this will depend on the structure and terms of the deal. Let us have your contact information or phone so as to enable us to provide you with a fixed commercial conveyancing quote.
Is it best to choose a york conveyancing practitioner who is local to the property I am hoping to buy? I have an old university friend who can conduct the conveyancing but they are based a couple of hundredmiles drive away.
The primary upside of using a high street york conveyancing practice is that you can drop in to execute documents, present your ID and apply pressure on them where appropriate. They will also have local insight which is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and they were content that must trump using an unfamiliar york conveyancing solicitor just because they are round the corner.