I have given 8 weeks notice to my current landlord and have to vacate my rented apartment in Abbots Langley by the end of next month. Conveyancing for my house purchase has just started. Is it possible to complete in three weeks as I wish to avoid having to find short term accommodation?
It is unwise to give notice for your lease unless you have exchanged. Assuming that you have not previously done so, contact to your conveyancer and request that they apply pressure on the owners side, try to an agreed time frame that all parties will look towards
I had intended to instruct a property lawyer in Abbots Langley for our house purchase. Our broker has since notified us that our bank Norwich and Peterborough Building Society won't deal with them. Why is this not regarded as unfair competition?
A bank can direct that an approved conveyancer act for it. You would be liable to bear the charges for this. Do use our database to choose a solicitor to conduct conveyancing in Abbots Langley on the Norwich and Peterborough Building Society approved list of solicitors.
I require quick conveyancing in Abbots Langley as I am under a deadline to complete inside one month. Thankfully I do not need a mortgage. Can I decline from having conveyancing searches to save fees and time?
As you are not getting a home loan you are at free not to have searches carried out although no solicitor would recommend that you don't. With plenty of history conveyancing in Abbots Langley the following are instances of issues that can arise and adversely affect market value: Enforcement Notices, Overdue Fees, Overdue Grants, Unadopted Roads,...
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Abbots Langley is where the house is located. What do you suggest?
Flying freeholds in Abbots Langley are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Abbots Langley you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Abbots Langley 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.
Estate agents have just been given the go-ahead to market my basement flat in Abbots Langley. Conveyancing has not commenced, however I have recently had a half-yearly maintenance charge invoice – Do I pay up?
It best that you discharge the maintenance contribution as normal given that all ground rent and service invoices should be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Abbots Langley Leasehold Conveyancing - A selection of Queries before buying
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Are there any major works in the near future that will likely add a premium to the service fees? Make sure you investigate if there are any onerous restrictions in the lease. By way of example it is fairly common in Abbots Langley leases that pets are not permitted in certain buildings in Abbots Langley. If you love the flatin Abbots Langley however your dog is not allowed to make the move with you then you have a very difficult compromise. What is the maintenance charge and ground rent on the apartment?
When it comes to my conveyancing in Abbots Langley should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Abbots Langley conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the lawyer's time in submitting the funds this way.