I have given 2 months notice to my current landlord and must vacate my let out property in Endon by the end of next month. Conveyancing on my purchase is underway. Is it possible to complete in three weeks as don't want to have to find temporary accommodation?
Generally one should not provide notice on a rental until exchange of contracts has taken place. Assuming that you have not previously done so, contact to your solicitor and request that they chase the other lawyers, try to an agreed time frame that everyone will look to achieve
We note that you have a post code search directory listing solicitors on the UBS conveyancing panel. Do firms pay you a referral fee if I appoint them for our conveyancing in Endon?
We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Endon.
I have todaydiscovered that Stirling Law have been shut down. They carried out my conveyancing in Endon for a purchase of a leasehold flat 10 months ago. How can I check that the property is registered correctly in the name of the previous owner?
The quickest way to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Endon conveyancing specialists.
I am buying my first flat in Endon with a loan from TSB. The developers would not move on the price so I negotiated £7000 of extras instead. The property agent suggested that I not reveal to my solicitor about the deal as it could impact my mortgage with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Is there anything unique about your site and alternative online quote calculators when it comes to conveyancing in Endon?
At this site receive a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Endon. Unlike many estate agents and brokerage sites we do not operate kick-back deals with solicitors. Many agents and online brokers 'recommend' solicitors who pay the highest kickback, not the best value conveyancing in Endon
I've recently bought a leasehold property in Endon. Am I liable to pay service charges for periods before my ownership?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I own a garden flat in Endon, conveyancing having been completed April 2009. How much will my lease extension cost? Comparable properties in Endon with over 90 years remaining are worth £197,000. The ground rent is £55 invoiced every year. The lease finishes on 21st October 2081
With just 55 years remaining on your lease we estimate the price of your lease extension to range between £31,400 and £36,200 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.