I have given 8 weeks notice to my current landlord and must be out of my rented apartment in Belmont by 4/6/2025. Conveyancing on my purchase is progressing. Is it possible to complete in six weeks as don't want to have to move into temporary accommodation?
The normal practice is not to serve notice on a rental unless exchange of contracts has taken place. Assuming that you have not already done so, contact to your lawyer and request that they chase the owners side, try to an acceptable time-line that all parties will aim towards
Do banks and building societies provide you with an approved list of Belmont conveyancing solicitors? How do you know who is on the UBS conveyancing panel?
Belmont conveyancing firms themselves provide us confirmation that they are on the UBS conveyancing panel as opposed to being supplied with a list from UBS directly.
This question may be naive but I am wet behind the ears as a 1st time buyer of a ground floor flat in Belmont. Do I pick up the keys to the premises on the completion date from my lawyer? If this is the case, I will appoint a High Street conveyancing solicitor in Belmont?
On the day of completion you will not be required to go to the conveyancers office in Belmont. Your solicitors will transfer the completion advance to the seller's lawyers, and shortly after the monies have arrived, you will be able to pick up the keys from the Estate Agents and move into your new home. This tends to happen early afternoon.
About to purchase house in Belmont. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Yorkshire BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Belmont lawyer is on the Yorkshire BS conveyancing panel.
Coventry BS have agreed my mortgage in principle, my offer on a house in Belmont has been accepted, now what?
The property agent will wish to know who your solicitors are (ensure that the conveyancing practitioners are on the lender’s panel). Call up Coventry BS or the broker and finish off any appropriate forms. Coventry BS will sellect a valuer who will get in contact with the estate agent or seller to arrange an appointment. Once conducted (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. Coventry BS will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Belmont.
Due to the guidance of my in-laws I had a survey completed on a house in Belmont in advance of appointing conveyancers. I have been advised that there is a flying freehold element to the house. Our surveyor advised that some lenders tend refuse to grant a mortgage on a flying freehold home.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. Should you wish to call us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Belmont. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Belmont to see if the conveyancing costs will increase in light of this.
How can the Landlord & Tenant Act 1954 impact my business property in Belmont and how can your lawyers assist?
The particular law that you refer to affords a safeguard to business leaseholders, giving them the a statutory right to apply to court for a new tenancy and continue in occupation at the end of the lease term. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Belmont is one of our hundreds of areas of the UK in which our lawyers are based
Why do Belmont conveyancing costs differ for leasehold and freehold properties?
Leasehold conveyancing in Belmont will often involve additional work for instance checking the lease, corresponding with the landlord, obtaining up to date rent receipts, landlord’s consents, management company’s accounts etc.