I have given 2 months notice to my current landlord and have to leave my rented property in Borrowash by 10/3/2025. Conveyancing on my purchase is underway. Is it possible to complete in six weeks as I wish to avoid having to move into short term accommodation?
Generally one should not provide notice on a rental unless exchange of contracts has taken place. If you have not previously done so, contact to your solicitor and urge them to they cajole the sellers side, try to an agreed time frame that all parties will look towards
I own a freehold residence in Borrowash but nevertheless pay rent, why is this and what is this?
It is rare for properties in Borrowash and has limited impact for conveyancing in Borrowash but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
Our mortgage company has recommended solicitors on their panel based in Borrowash but I would rather choose a conveyancing lawyer in Borrowash round the corner to me. Are you able to assist?
It is by no means the case that all Borrowash conveyancing practitioners are listed all banks conveyancing panel. Use the above find an approved solicitor tool to identify a Borrowash conveyancing firm on the on the lender panel.
We are close to exchanging contracts on the sale of our property in Borrowash and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. A local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers used a national conveyancing firm as opposed to a conveyancing solicitor in Borrowash. We have lived in Borrowash for three years we know of no issue. Should we contact our local Authority to get clarification need.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I have recentlybeen informed that Stirling Law have been shut down. They carried out my conveyancing in Borrowash for a purchase of a leasehold apartment 9 months ago. How can I be sure that the property is not still registered in the name of the previous owner?
The quickest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Borrowash conveyancing specialists.
I have miscalculated my finances and am a few grand short a 10% deposit on my house purchase in Borrowash , but I am anxious proceed. What can I do?
You can accept a lower deposit. Most vendors will agree to a lower deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last moment