I have given 8 weeks notice to my current landlord and have to vacate my rented property in Dorset by 7/5/2026. Conveyancing for my house purchase has just started. Is it possible to complete in six weeks as don't want to have to find temporary accommodation?
It is unwise to serve notice on a rental until your lawyer suggests that you should. Assuming that you have not previously done so, speak to your conveyancer and urge them to they cajole the sellers solicitors, try to get a realistic time scale from them that everyone will aim towards
What does my ID and proof of funds have anything to do with my conveyancing in Dorset? Is this really necessary?
In order to comply with Money Laundering Regulations any Dorset conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally satisfied by provision of a passport and an original bank statement or utility account evidencing your correct address.
In accordance with Money Laundering Regulations, property lawyers are required to validate not simply the ID of conveyancing clients but also the origin of the money that they receive in respect of any matter. Refusal to disclose this may result in your conveyancer cancelling their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to make a disclosure to the relevant authorities should they consider that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
four months have gone by following my purchase conveyancing in Dorset completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I decided to have a survey carried out on a property in Dorset ahead of retaining solicitors. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies tend refuse to give a loan on such a premises.
It varies from the lender to lender. Santander has different requirements from Nationwide. If you 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 accustomed to dealing with flying freeholds in Dorset. Conveyancing may be slightly more expensive based on your lender's requirements.
I wish to sublet my leasehold apartment in Dorset. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for permission?
A small minority of properties in Dorset do contain a provision to say that subletting is only permitted with prior consent from the landlord. 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 consent.
I purchased a split level flat in Dorset, conveyancing formalities finalised July 2012. How much will my lease extension cost? Corresponding flats in Dorset with an extended lease are worth £186,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease expires on 21st October 2078
With 52 years remaining on your lease the likely cost is going to be between £29,500 and £34,000 plus legals.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.
Can you set examples of compelling benefits to choosing a local conveyancer in Dorset
Home movers in Dorset decide on using a local conveyancing practitioner so that they can attend the lawyer’s offices in the event that they have problems, and to execute documents rather taking the chance in depending on the Royal Mail.
Some would allege that there is a marginal advantage in selecting a solicitor local to the house you are buying, due to the in-depth knowledge of the area and possible local concerns - yet this is moot. The majority of conveyancers undertaking their work by way of email and could be practically anywhere.