I have given 2 months notice to my current landlord and have to be out of my rented apartment in Anstey by 31/3/2026. Conveyancing for my house purchase is underway. How realistic is it to complete in a couple of weeks as don't want to have to find short term accommodation?
Generally one should not serve notice for your letting unless you have exchanged. If you have not previously done so, notify to your lawyer and ask them to they apply pressure on the sellers lawyers, try to a target completion date that everyone will aim to achieve
About to purchase a new build apartment in Anstey. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Anstey
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Please supply a car parking plan. 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. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I have been on the look out for a leasehold apartment up to £195,000 and identified one near me in Anstey I like with a park and railway links in the vicinity, however it's only got 51 years on the lease. There is not much else in Anstey for this price, so just wondered if I would be making a grave error purchasing a short lease?
If you need a home loan the remaining unexpired lease term will be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.
I need to appoint a conveyancing solicitor for some conveyancing in Anstey. I happened to chance upon a site which looks to be the perfect solution If it is possible to get all formalities completed via email that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I own a leasehold house in Anstey. Conveyancing and Birmingham Midshires mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1997. The conveyancing practitioner in Anstey who previously acted has now retired. Any advice?
First contact HMLR to be sure that this person is indeed the new freeholder. There is no need to instruct a Anstey conveyancing lawyer to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Leasehold Conveyancing in Anstey - Sample of Questions you should consider before buying
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Is the freehold reversion owned jointly by the tenants? How many of the leaseholders are in arrears for their maintenance charge payments? Where a Anstey lease has no more than eighty years it will impact the marketability of the apartment. Check with your mortgage company that they are willing to to proceed given the lease term. Leases with fewer than 80 years remaining means that you will most likely have to extend the lease at some point and you need to have some idea of what this will be. Remember, in most cases you would need to own the property for two years in order to be legally able to exercise a lease extension.
Are there any apps to help find a Anstey conveyancing solicitor on the mortgage company conveyancing panel? I have a car and am prepared to travel up to twentymiles to attend the solicitor.
You can use the find a conveyancing panel tool on this page. Please choose the lender and your location, in this case Anstey and you will see a number of lawyer located nearest Anstey. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.