Recently been in touch with my conveyancing solicitor in Jesmond who acted for me two years ago and wanted a conveyancing quote based on an identical type of house sale & purchase (a leasehold premises and a freehold premises) of similar values with a home loan from Lloyds TSB Bank. It looks as though am now being quoted double. Am I right to be tempted to shop around for a cheaper online conveyancer?
The estimate does seem a little overpriced. If you you were to look around you may be able to shave off some of the cost by perhaps a hundred pounds. That being said, if you were content with the conveyancing the firm provided you mightcome to regret choosing an a cheaper conveyancer. Remember to enquire the solicitor can represent Lloyds TSB Bank. Do utilise our search tool to select a Jesmond conveyancing firm on the Lloyds TSB Bank approved list of lawyers, which can often include conveyancing solicitors in Jesmond.
I have given 2 months notice to my existing landlord and must leave my let out property in Jesmond by 20/1/2026. Conveyancing on my purchase is progressing. Is it possible to complete in 5 weeks as I wish to avoid having to find temporary accommodation?
Generally one should not provide notice for your letting unless exchange of contracts has taken place. Assuming that you have not previously done so, contact to your conveyancer and request that they seek the assistance the other side, try to get a realistic time scale from them that all parties will look towards
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Jesmond is where the house is located. What do you suggest?
Flying freeholds in Jesmond are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Jesmond you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Jesmond may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
How do I use your search app to choose a conveyancing solicitor in Jesmond on the approved list for my bank?
First select a lender such as HSBC Bank, Chelsea Building Society or Clydesdale then specify your location for instance Jesmond. Conveyancing practices in Jesmond and across England and Wales will then be listed.
I am one month into a leasehold purchase having been recommend to conveyancers by the selling agent to carry out the conveyancing in Jesmond. We are not happy. Can you help me find new lawyers?
A lawyer would need to be very poor in order to consider changing them. Has your loan offer been issued? In the event that it has you must make them aware of the replacement conveyancer and have the mortgage documents are re-issued. The solicitor ideally should be on the banks approved list to avoid supplemental expenses and complications. That should be your first question of the new conveyancers. The find a solicitor tool should assist you in finding a lender approved solicitor for your home move in Jesmond
Last August I purchased a leasehold flat in Jesmond. Do I have any liability for service charges for periods before my ownership?
In a situation 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 be sure 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).
Leasehold Conveyancing in Jesmond - A selection of Queries before Purchasing
-
Make sure you enquire if the the lease contains any adverse restrictions in the lease. For instance it is very common in Jesmond leases that pets are not allowed in in a block in Jesmond. If you like the flatin Jesmond but your cat can’t live with you then you will be faced hard compromise. It would be prudent to find out as much as possible about the company managing the building as they can either make your living at the property much simpler or much more difficult. As the proprietor of a leasehold property you are often at the mercy of the managing agents from a financial perspective and when it comes to day to day matters like the upkeep of the common parts. Ask other tenants whether they are happy with their management. On a final note, be sure you discover the dates that the service fees are due to the managing agents and specifically what it includes. Does the lease have more than 80 years remaining?