I have given 8 weeks notice to my existing landlord and have to leave my rented apartment in Gamlingay by 25/7/2025. Conveyancing for my house purchase has just started. Is it possible to complete in a couple of weeks as don't want to have to find temporary accommodation?
Generally one should not give notice for your lease unless you have exchanged. Assuming that you have not already done so, speak to your conveyancer and urge them to they apply pressure on the sellers lawyers, try to an acceptable time-line that everyone will look to achieve
I purchased a freehold house in Gamlingay yet charged rent, why is this and what is this?
It is rare for properties in Gamlingay and has limited impact for conveyancing in Gamlingay but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges post 1977.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
My uncle passed away six months ago and as sole heir and executor I was left the property in Gamlingay. The house had a small mortgage remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Coventry BS, pay off the mortgage. Is this allowed?
If you plan to re-mortgage then Coventry BS will insist on your using a conveyancer on the Coventry BS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Coventry BS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Coventry BS mortgage is registered as a charge at the Land Registry.
Hoping to buy a property located in Gamlingay and I am already nervous. I couldn't find anything specific about Gamlingay. Conveyancing will be needed in due course but do you know about the Gamlingay area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Gamlingay. In the meantime here are some basic statistics that we found
I am looking for a conveyancing solicitor in Gamlingay for my home move. Is there any facility to check a firm’s record with the profession’s regulator?
One may review documented Solicitor Regulator Association (SRA) decisions resulting from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. For records Pre 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The regulator sometimes monitor call for training requirements.
I am attracted to a two flats in Gamlingay both have approximately 50 years remaining on the leases. Will this present a problem?
A lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease shortens the value of the lease reduces and results in it becoming more costly to acquire a lease extension. For this reason it is generally wise to extend the lease term. More often than not it is difficulties arise selling premises with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a protracted process. We advise that you seek professional assistance from a solicitor and surveyor with experience in this field.
Leasehold Conveyancing in Gamlingay - Sample of Questions you should ask before buying
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Who are the managing agents? Is there a share of the freehold?