It has come to my attention via my mortgage broker that my Nayland solicitor is not on the mortgage company Solicitor panel. How can I be sure that this is correct?
The sensible course of action for you to take is to call your Nayland conveyancer. You lawyer should advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
I have given 2 months notice to my existing landlord and must vacate my let out property in Nayland by the end of next month. Conveyancing for my house purchase has just started. How realistic is it to complete in 5 weeks as don't want to have to find temporary accommodation?
Generally one should not serve notice for your tenancy unless exchange of contracts has taken place. Assuming that you have not already done so, speak to your conveyancer and request that they chase the owners lawyers, try to a target completion date that everyone will aim to achieve
Why is leasehold purchase conveyancing in Nayland costs more?
The conveyancing charges for a leasehold premises in Nayland is frequently more expensive than on a freehold property. This is due to the supplemental time necessary in dealing with the landlord and managing agents to collate the evidence concerning whether the rent and maintenance charges have been paid and whether there are any major works due in the near future on repairs or maintenance of the block.
I have recentlydiscovered that Wolstenholmes have been shut down. They carried out my conveyancing in Nayland for a purchase of a freehold house 12 months ago. How can I check that the property is registered correctly in the name of the previous owner?
The quickest method to see if the property is registered to you, you can carry out 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 Nayland conveyancing specialists.
I decided to have a survey carried out on a property in Nayland prior to appointing conveyancers. I have been informed that there is a flying freehold element to the house. My surveyor has said that some banks will refuse to issue a loan on this type of premises.
It depends who your proposed lender is. HSBC has different instructions for example to Nationwide. If you contact us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Nayland. Conveyancing will be smoother if you use a solicitor in Nayland especially if they are accustomed to such properties in Nayland.
I wish to let out my leasehold flat in Nayland. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?
A small minority of properties in Nayland do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord is not entitled to unreasonably refuse but, in such cases, they would need to review references. Experience dictates 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 own a split level flat in Nayland, conveyancing formalities finalised 9 years ago. Can you please calculate a probable premium for a statutory lease extension? Similar properties in Nayland with over 90 years remaining are worth £180,000. The ground rent is £65 levied per year. The lease comes to an end on 21st October 2084
With 59 years remaining on your lease the likely cost is going to range between £20,900 and £24,200 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. Do 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 getting professional advice.