I have given 8 weeks notice to my existing landlord and have to vacate my rented apartment in Colwall by 10/4/2026. Conveyancing for my house purchase is underway. Is it possible to complete in 4 weeks as don't want to have to move into temporary accommodation?
It is unwise to give notice on a rental until you have exchanged. If you have not already done so, update to your lawyer and request that they chase the other lawyers, try to get a realistic time scale from them that everyone will look towards
Is there a reason why leasehold purchase conveyancing in Colwall costs more?
Colwall leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
We just had an offer accepted to buy with Loughborough BS. We have called around locally yet am unable to find a Colwall conveyancing firm on the Loughborough BS approved list. Can you assist?
Feel free to make the most of the search tool on this page. Pick the mortgage company and type Colwall or your preferred area and you will be presented with a number of lawyer offices in Colwall or nearest you.
I'm remortgaging my existing home to a buy to let mortgage with Lloyds TSB Bank and I will use the ballance of the raised equity as a deposit on a second property. The area we are looking at is Colwall. Will your solicitors be able to act for the two mortgage companies and tie in the two deals?
Make use of our search tool on this page to check that the solicitors are approved by both lenders. Having checked that they are the lawyer should be able to connect the two deals but you should have a chat with you conveyancer and make clear your desired outcome and needs.
We are 3 weeks into a freehold purchase having been referred to a firm by the local agent to carry out the conveyancing in Colwall. I am not happy. Could you you assist me in finding new lawyers?
They would need to be very bad to suggest diss instructing them. Has the mortgage offer been issued? If so you will need to advise them of the new lawyer and have the offer are re-sent. Your new conveyancer needs to be on the banks approved list to avoid added charges and complications. That should be your starting point. Our find a solicitor tool can assist you in finding a lender approved solicitor for your conveyancing in Colwall
We own a leasehold flat in Colwall. Conveyancing was finished in 2011. I have heard that I should not let the lease length get too short. Is this right?
Colwall leasehold properties are for a prescribed period - normally 99 years when they commenced. However many appartments in Colwall were constructed or converted in the 60’s and so such leases now have less than 80 years left to run. That may seem like plenty of time however Banks, Building Societies and other mortgage companies tend to require leases to have at least 75 years unexpired to be mortgageable. This means that when you come to sell the property you will need to extend the term of your lease if you are approaching 75 years. To enhance the marketability of your property you should be thinking about whether to extend your lease well in advance of selling the property. Furthermore advantages to doing so before the lease reaches even eighty years as when the lease is less than eighty years the premium to be paid to extend starts to get a lot more expensive.