I have given 2 months notice to my existing landlord and must be out of my let out property in Parkwood Springs by the end of next month. Conveyancing for my house purchase has just started. Is it possible to complete in 5 weeks as don't want to have to move into temporary accommodation?
It is unwise to give notice on a rental unless you have exchanged. Assuming that you have not already done so, notify to your solicitor and request that they seek the assistance the other solicitors, try to a target completion date that all parties will work to achieve
We are expecting a mortgage offer soon. The lender mentioned the mortgage came with free conveyancing. Is the implication that I have to appoint their panel solicitor as I would prefer to use a Parkwood Springs based conveyancing firm?
You should check but the the probability is that appoint one of their panel solicitors should you accept the "fee-free" deal. Speak to the mortgage company and see if they offer you a cash alternative. In the past a few lenders offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Parkwood Springs.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Parkwood Springs?
There are many recorded licenced Conveyancers in Parkwood Springs and Solicitor partnerships in Parkwood Springs offering conveyancing It is important to make clear that both are regulated professionals specialising in the legal aspects of the home buying process. They may both also conduct other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
We have a mortgage agreed in principle with Skipton. Parkwood Springs conveyancing lawyers have been instructed. How long does it take for Skipton to send the offer to the property lawyer?
There is no definitive answer here. Have Skipton completed the valuation? Have you advised Skipton as to your lawyers' details and checked that your lawyers are on the Skipton conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Completion of my purchase has taken place for my property in Parkwood Springs. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
How do I locate a Parkwood Springs solicitor on the Chelsea Building Society conveyancing panel? I have wheels and am prepared to travel upto 10kilometers to meet the lawyer.
You can use the facility on this page. Please select a mortgage company and your location and you will see a number of Parkwood Springs conveyancing lawyers locally. We have detailed some Parkwood Springs conveyancing firms at the bottom of this page and you can contact them to check if they are on the Chelsea Building Society panel
We are 3 weeks into a leasehold purchase having been recommend to solicitors by the estate agent to handle our conveyancing in Parkwood Springs. I am am starting to be frustrated with the level of service. Could you help me find new solicitors?
A solicitor would have to be really bad in order to consider replacing them. Has the mortgage offer been generated? If so you will need to inform them of the new contact details and ensure the mortgage documents are issued to the new lawyers. Your new solicitor ideally needs to be on the mortgage company approved list to avoid escalating fees and delays. That should be your starting point. Our search tool can assist you in finding a lender approved conveyancer for your conveyancing in Parkwood Springs
Can you provide any advice for leasehold conveyancing in Parkwood Springs from the point of view of saving time on the sale process?
- Much of the delay in leasehold conveyancing in Parkwood Springs can be bypassed where you instruct lawyers as soon as you market your property and request that they start to put together the leasehold documentation which will be required by the buyers’ representatives. If you have carried out any alterations to the premises would they have required Landlord’s approval? Have you, for example laid down wooden flooring? Parkwood Springs leases often stipulate that internal structural changes or addition of wooden flooring calls for a licence issued by the Landlord approving such alterations. If you dont have the approvals to hand you should not communicate with the landlord without contacting your lawyer before hand. If there is a history of any disputes with your landlord or managing agents it is very important that these are resolved prior to the flat being put on the market. The buyers and their solicitors will be concerned about purchasing a flat where there is a current dispute. You may have to bite the bullet and discharge any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as historic as opposed to ongoing. A minority of Parkwood Springs leases require Licence to Assign from the landlord. If this applies to your lease, it would be prudent to place the estate agents on notice to make sure that the purchasers obtain bank and professional references. The bank reference should make it clear that the buyer is able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their solicitors.
I am the registered owner of a ground floor flat in Parkwood Springs, conveyancing formalities finalised 7 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Parkwood Springs with an extended lease are worth £260,000. The ground rent is £45 yearly. The lease terminates on 21st October 2099
With only 74 years left to run we estimate the premium for your lease extension to range between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. 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 considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.