I am assisting my mother sell her flat in Yarm On Tees. Does the conveyancer order an energy assessment or do I organise this?

Following the abolition of Home Packs, energy assessments was kept a mandatory part of moving house. An EPC must be commissioned before the property is advertised. This is not something that solicitors normally arrange. Where you are instructing a Yarm On Tees conveyancing lawyer they may be willing to arrange EPC’s given their relationships with reputable Yarm On Tees energy assessors

A colleague pointed out to me me that in purchasing a property in Yarm On Tees there may be various restrictions prohibiting external alterations to the property. Is this right?

There are anumerous of properties in Yarm On Tees which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Yarm On Tees should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

HSBC have agreed my home loan in principle, my bid on a apartment in Yarm On Tees has been agreed to, what happens next?

Your property agent will need to know who your solicitors are (make sure the property lawyers are on the lender’s approved list). Call up HSBC or the broker and finalise any appropriate documentation. HSBC will instruct a valuer who will get in touch with the selling agent or owners to arrange an appointment. Once carried out (assuming no problems) it takes about a fortnight for the mortgage offer to be issued. HSBC will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Yarm On Tees.

Various web forums that I have visited warn that are the main reason for stalling in Yarm On Tees house deals. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not feature within the common causes of delays during the legal transfer of property. Local searches are not likely to feature in any delay in conveyancing in Yarm On Tees.

I have a terraced Victorian house in Yarm On Tees. Conveyancing practitioner acted for me and Alliance & Leicester . I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?

You should read 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Yarm On Tees and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with the conveyancing lawyer who conducted the purchase.

I am downsizing from my house. My previous conveyancers have shut. It would be helpful to have a recommendation of a conveyancing firm. Im based in Yarm On Tees if that affects matters.

Do use our search tool to help you find a solicitor for your conveyancing in Yarm On Tees. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.

Do you have any advice for leasehold conveyancing in Yarm On Tees from the perspective of expediting the sale process?

• A significant proportion of the delay in leasehold conveyancing in Yarm On Tees can be reduced if you get in touch lawyers the minute your agents start marketing the property and request that they start to put together the leasehold information which will be required by the buyers’ conveyancers.
If you have the benefit of shareholding in the freehold, you should make sure that you have the original share certificate. Obtaining a duplicate share certificate can be a lengthy process and delays many a Yarm On Tees conveyancing transaction. Where a duplicate share is needed, do contact the company officers or managing agents (if relevant) for this sooner rather than later. In the event that you altered the property did you need the Landlord’s consent? In particular have you installed wooden flooring? Yarm On Tees leases often stipulate that internal structural changes or laying down wooden flooring calls for a licence from the Landlord acquiescing to such changes. Where you dont have the consents in place do not communicate with the landlord without contacting your lawyer before hand. Many freeholders or Management Companies in Yarm On Tees levy fees for supplying management packs for a leasehold premises. You or your lawyers should find out the fee that they propose to charge. The management information can be applied for as soon as you have a buyer, thus accelerating the process. The average time it takes to obtain the necessary information is three weeks. It is the most usual reason for frustration in leasehold conveyancing in Yarm On Tees. If there is a history of conflict with your freeholder or managing agents it is essential that these are resolved prior to the flat being marketed. The purchasers and their solicitors will be reluctant to purchase a flat where there is a current dispute. You may need to swallow your pride and discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is clearly preferable to present the dispute as over as opposed to ongoing.

I inherited a split level flat in Yarm On Tees, conveyancing was carried out 7 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Yarm On Tees with a long lease are worth £221,000. The average or mid-range amount of ground rent is £50 levied per year. The lease expires on 21st October 2096

With just 70 years left to run we estimate the premium for your lease extension to range between £9,500 and £11,000 plus costs.

The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.