I have given 8 weeks notice to my current landlord and must vacate my let out property in Chalfont St Giles by 28/10/2025. Conveyancing for my house purchase has just started. Can I complete in a couple of weeks as I wish to avoid having to find temporary accommodation?
It is unwise to provide notice on a rental unless your lawyer suggests that you should. Assuming that you have not already done so, notify to your conveyancer and request that they apply pressure on the sellers solicitors, try to an acceptable time-line that all parties will aim to achieve
Why do I have to pay up front for conveyancing in Chalfont St Giles?
Where you are retaining lawyers for conveyancing in Chalfont St Giles your lawyer will request that you put them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. When the deposit is payable against the total price then this should be needed shortly before exchange of contracts. The closing balance that is needed should be sent to your lawyer shortly before completion.
I am about to put an offer on a leasehold property in Chalfont St Giles. The estate agents tell me that it is normal for flats in Chalfont St Giles to have less than 75 years remaining. I am expecting a mortgage with Virgin. Is this going to be acceptable if the lease has Seventy One years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 2/9/2025 the requirements read as follows :
What can a local search tell me regarding the property we're purchasing in Chalfont St Giles?
Chalfont St Giles conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations such as Xpress Legal The local search is essential in every Chalfont St Giles conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your property. The search will supply information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
Are there restrictive covenants that are commonly picked up during conveyancing in Chalfont St Giles?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Chalfont St Giles. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I today plan to offer on a house that seems to be perfect, at a great price which is making it all the more appealing. I have subsequently found out that it's a leasehold rather than freehold. I would have thought that there are issues buying a leasehold house in Chalfont St Giles. Conveyancing advisers have are soon to be instructed. Will they explain the issues?
The majority of houses in Chalfont St Giles are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. It is clear that you are buying in Chalfont St Giles so you should seriously consider shopping around for a Chalfont St Giles conveyancing practitioner and be sure that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a leaseholder you will not be entirely free to do whatever you want with the house. The lease comes with conditions for example requiring the landlord’spermission to conduct changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the communal areas where the house is part of an estate. Your solicitor will advise you fully on all the issues.
I am the registered owner of a garden flat in Chalfont St Giles, conveyancing was carried out in 1996. Can you work out an approximate cost of a lease extension? Comparable properties in Chalfont St Giles with an extended lease are worth £165,000. The ground rent is £50 charged once a year. The lease runs out on 21st October 2103
With 78 years remaining on your lease we estimate the premium for your lease extension to be between £7,600 and £8,800 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.