I have given 8 weeks notice to my existing landlord and have to be out of my let out flat in Durrington by 28/5/2025. Conveyancing for my house purchase is underway. Can I complete in 4 weeks as don't want to have to move into temporary accommodation?
The normal practice is not to give notice for your lease until you have exchanged. If you have not already done so, contact to your conveyancer and urge them to they apply pressure on the sellers solicitors, try to get a realistic time scale from them that all parties will aim to achieve
A friend pointed out to me me that in buying a property in Durrington there could be a number of restrictions preventing external changes to a property. Is this right?
We are aware of anumerous of properties in Durrington which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Durrington should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I'm the single beneficiary of my late father’s estate with all property in now in my sole name, including the my former home in Durrington. The Durrington property was put into my name in February. I now wish to sell up. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my proprietorship will be regarded the same way as though I had purchased the property in February. Will no one buy the property for half a year?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. How sensible a view lenders take of it, depend on the lender as this requirement is chiefly there to pick up on the purchase and immediately sell or the flipping of property.
We had chosen conveyancers based in Durrington on the Skipton solicitor panel. They have just billed me a supplemental fee for dealing with the Skipton mortgage. Is this an additional conveyancing fee specified by Skipton?
Unfortunately, as long as it is in their Terms of Engagement or Quote then yes your property lawyer may charge a fee for this. This fee is not dictated by Skipton but by your Durrington conveyancer. Some firms on the Skipton panel will charge ’dealing with mortgage’ fee but some firms incorporate it on their overall fee.
The estate agent has sent us the confirmation of our purchase of a new build flat in Durrington. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Durrington
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
Due to the advice of my in-laws I had a survey completed on a house in Durrington before retaining conveyancers. I have been told that there is a flying freehold element to the house. My surveyor has said that some mortgage companies will refuse to give a loan on such a premises.
It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. If you call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Durrington. Conveyancing will be smoother if you use a solicitor in Durrington especially if they regularly deal with such properties in Durrington.
In what way can the Landlord & Tenant Act 1954 affect my business premises in Durrington and how can your lawyers assist?
The 1954 Act provides protection to commercial leaseholders, giving them the dueness to make a request to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and help with commercial conveyancing in Durrington
I acquired a flat in Durrington last 27/2/2024 and to date it is still not registered with HM Land Registry. It was part of a development site and my conveyancer told me that it may take one year to register. I have called HM Land Registry directly and they have informed me the initial application was cancelled due to questions not being addressed in time. Should I be concerned?
Call your lawyer - Where you are unsatisfied with the responses, look up their firm’s complaints process and escalate your problem to a Partner. Registrations for Durrington conveyancing are not known to be especially complex.