I have given 2 months notice to my current landlord and must be out of my rented flat in Arkley by 4/7/2025. Conveyancing for my house purchase is underway. Can I complete in three weeks as I wish to avoid having to find temporary accommodation?
Generally one should not serve notice on a rental unless exchange of contracts has taken place. If you have not already done so, update to your solicitor and request that they apply pressure on the other side, try to a target completion date that everyone will work to achieve
A relative informed me that in buying a property in Arkley there may be a number of restrictions limiting what one can do in terms of external changes to the property. Is this right?
We are aware of anumerous of properties in Arkley which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Arkley should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am purchasing a property in Arkley. A rare aspect is that the roof has a solar panel. Santander have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Santander your lawyer must check the formal instructions outlined in Part 2 of UK Finance Lenders’ Handbook for Santander. The CML Handbook stipulates minimum specifications for solar panel roof-space leases, and lawyers are required to report to Santander where a lease fails to satisfy these provisions. The requirements relate to the installation of panels on properties nationwide and is not restricted to Arkley.
I'm in the process of viewing flats in Arkley and I am about to put in an offer. Should I already have a conveyancer appointed at this stage? I will be getting a home loan with Barclays.
You should start obtaining conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are taking out a mortgage with Barclays, make sure you remember to check that your lawyer is on the Barclays conveyancing panel.
Just had an offer accepted on a new build flat in Arkley. Conveyancing is necessary evil 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 conveyancing.
Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Arkley
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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. 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 unoccupied units in good repair until long leases are granted therefore.
Due to the guidance of my in-laws I had a survey completed on a house in Arkley before retaining solicitors. I have been told that there is a flying freehold overhang to the house. My surveyor advised that some banks may refuse to give a mortgage on this type of property.
It depends who your proposed lender is. Santander has different requirements from Nationwide. If you call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Arkley. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm remortgaging my existing property to a buy to let loan with Skipton Building Society and I will use the ballance of the raised equity towards another house. The location we are interested in is Arkley. Will your lawyers be able to act for the two banks and link together the conveyances?
Do use our comparison tool on this site to check that the conveyancers are on the appropriate lender panels. Assuming that they are the solicitor will be able to simultaneously deal with the two conveyancing matters but you should talk with you solicitor and make clear your expectations and needs.
What is the reason for my conveyancer requiring various items of ID ahead of starting selling or buying a property in Arkley?
Arkley conveyancing practitioners are obliged by the Law Society, SRA, HM Land Registry and current AML Regulations to record that the have verified the identity of their clients. It is also sometimes a requirement of your bank where you are taking a mortgage. Furthermore they have to complete various forms, particularly those relating to Land Tax and need to have information such as your full names, NI number and DOB.