I have given 2 months notice to my current landlord and must vacate my rented property in Canton by 25/3/2025. Conveyancing for my house purchase is progressing. Is it possible to complete in 5 weeks as don't want to have to find short term accommodation?
It is unwise to give notice on a rental unless exchange of contracts has taken place. If you have not already done so, notify to your conveyancer and ask them to they cajole the sellers side, try to an acceptable time-line that all parties will aim towards
Is there a reason why leasehold purchase conveyancing in Canton is more expensive?
The conveyancing costs for a leasehold premises in Canton is inevitably greater as compared to a freehold transaction. This is because there is an amount of additional work necessary in liaising with the landlord and managing agents to collate the evidence concerning whether the rent and maintenance charges have been discharged and whether there are any major works due in the near future on repairs or maintenance of the block.
I am planning to acquire a property and need a conveyancing solicitor in Canton who is on the Clydesdale conveyancing. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Clydesdale in certain locations such as Canton. We dont recommend any particular firm.
Me and my brother own a semi-detached Edwardian property in Canton. Conveyancing lawyer represented me and Barclays Direct. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold under the matching property. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Canton and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with your conveyancing lawyer who completed the work.
In surfing the web for the words cheap conveyancing in Canton it reveals numerous conveyancersin the area. How do I determine which is the suitable solicitor for me?
The preferential way of finding a suitable conveyancer is through a personal referral, so enquire of colleagues and family who have purchased a property in Canton or a reputable estate agent or mortgage broker. Charges for conveyancing in Canton vary, so it's sensible to obtain a minimum of four estimates from different conveyancers. Make sure that you know that the charges are guaranteed not to escalate.
Frank (my husband) and I may need to sub-let our Canton garden flat for a while due to taking a sabbatical. We instructed a Canton conveyancing practice in 2003 but they have since shut and we did not have the foresight to get any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?
A small minority of properties in Canton do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably withhold but, in such cases, they would need to review references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I own a 1 bedroom flat in Canton, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Canton with over 90 years remaining are worth £202,000. The average or mid-range amount of ground rent is £60 per annum. The lease finishes on 21st October 2082
You have 57 years unexpired we estimate the price of your lease extension to range between £28,500 and £33,000 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.