I have given 2 months notice to my existing landlord and have to be out of my let out property in Belmont by the end of next month. Conveyancing on my purchase is underway. How realistic is it to complete in three weeks as don't want to have to find short term accommodation?
The normal practice is not to serve notice on a rental until exchange of contracts has taken place. If you have not already done so, speak to your lawyer and ask them to they apply pressure on the other lawyers, try to get a realistic time scale from them that everyone will aim to achieve
Do banks and building societies provide you with an approved list of Belmont conveyancing solicitors? How do you know who is on the Coventry BS conveyancing panel?
Belmont conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
Forgive me if this question is silly but I am unexperienced as a first time buyer of a two bedroom flat in Belmont. Do I collect the keys to the premises on completion from my solicitor? If so, I will find a local conveyancing solicitor in Belmont?
On the day of completion you do not need to attend the conveyancers office in Belmont. Conveyancing lawyers for you will arrange to send the purchase money to the seller's conveyancers, and shortly after the monies have arrived, you should be able to collect the keys from the Estate Agents and move into your new home. Usually this happens between 1 and 3pm.
Planning on purchasing a maisonette in Belmont. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Coventry 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 solicitor is on the Coventry BS conveyancing panel.
UBS have agreed my home loan in principle, my bid on a flat in Belmont has been accepted, now what?
Your property agent will want to be advised as to your solicitor's details (ensure that the lawyers are on the bank’s panel). Telephone UBS or your broker and complete any appropriate forms. UBS will sellect a valuer who will get in touch with the selling agent or vendor to schedule an appointment. Once carried out (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. UBS will issue the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Belmont.
I opted to have a survey done on a house in Belmont before appointing solicitors. I have been informed that there is a flying freehold element to the property. Our surveyor advised that some banks will not grant a loan on such a premises.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. Should you wish to call us we can look into this further with the relevant mortgage company. 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.
In what way can the Landlord & Tenant Act 1954 impact my business premises in Belmont and how can you help?
The particular law that you refer to provides protection to business tenants, giving them the right to apply to court for a continuation of occupancy at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Belmont is one of our many locations in which our lawyers are located
Is there a reason that Belmont conveyancing charges are higher for leasehold and freehold properties?
Leasehold conveyancing in Belmont more often than not will involve additional due diligence including reviewing the lease, liaising with the landlord, obtaining up to date rent receipts, landlord’s consents, management company’s accounts etc.