I have given 8 weeks notice to my existing landlord and have to vacate my rented property in Plymstock by 9/11/2026. Conveyancing on my purchase is progressing. Can I complete in 4 weeks as I wish to avoid having to find short term accommodation?
The normal practice is not to give notice for your tenancy unless exchange of contracts has taken place. If you have not already done so, notify to your conveyancer and urge them to they cajole the sellers side, try to get a realistic time scale from them that all parties will look to achieve
Having sold my house in Plymstock last January but the buyer keeps texting every few hours to say his conveyancer is waiting to hear from mysolicitor. What should my lawyer have done following completion?
After completion of your house sale your solicitor is obliged to deliver the transfer documentation and all additional paperwork to the buyer’s solicitors. Where appropriate, your lawyer should also confirm that the legal charge in favour of the lender has been discharged to the buyers conveyancers. There is unlikely to be post completion procedures just for conveyancing in Plymstock.
Should my lawyer be asking questions regarding flooding during the conveyancing in Plymstock.
The risk of flooding is if increasing concern for lawyers specialising in conveyancing in Plymstock. There are those who purchase a property in Plymstock, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Lawyers are not best placed to offer advice on flood risk, however there are a numerous searches that may be carried out by the purchaser or on a buyer’s behalf which can give them a better appreciation of the risks in Plymstock. The standard information sent to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) contains a usual inquiry of the seller to determine whether the property has suffered from flooding. If the residence has been flooded in past and is not notified by the vendor, then a purchaser may bring a legal claim for losses stemming from an misleading response. The purchaser’s solicitors should also order an enviro report. This should disclose if there is a recorded flood risk. If so, further investigations should be initiated.
My wife and I purchased a renovated Edwardian house in Plymstock. Conveyancing solicitor acted for me and Britannia. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Plymstock and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing lawyer who conducted the conveyancing.
Due to the guidance of my in-laws I had a survey completed on a property in Plymstock in advance of retaining conveyancers. I have been advised that there is a flying freehold element to the property. My surveyor advised that some lenders may not grant a loan on a flying freehold home.
It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. Should you wish to call us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Plymstock. Conveyancing will be smoother if you use a solicitor in Plymstock especially if they regularly deal with such properties in Plymstock.
I own a leasehold house in Plymstock. Conveyancing and TSB mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1994. The conveyancing practitioner in Plymstock who previously acted has now retired. Do I pay?
The first thing you should do is contact the Land Registry to make sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Plymstock conveyancing lawyer to do this as it can be done on-line for £3. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I invested in buying a split level flat in Plymstock, conveyancing was carried out 9 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Plymstock with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £60 charged once a year. The lease ends on 21st October 2082
You have 56 years left to run we estimate the premium for your lease extension to span between £29,500 and £34,000 as well as costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.