I have given 2 months notice to my existing landlord and must be out of my rented flat in Putney Vale by 17/1/2025. Conveyancing on my purchase is underway. Can I complete in 5 weeks as I wish to avoid having to find temporary accommodation?
It is unwise to give notice on a rental unless you have exchanged. Assuming that you have not already done so, update to your lawyer and urge them to they apply pressure on the sellers side, try to an agreed time frame that everyone will look to achieve
I purchased a freehold residence in Putney Vale yet charged rent, why is this and what is this?
It is rare for properties in Putney Vale and has limited impact for conveyancing in Putney Vale 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 have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
I opted to have a survey completed on a house in Putney Vale in advance of retaining conveyancers. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some banks tend not give a loan on a flying freehold home.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. If you call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Putney Vale. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Putney Vale to see if the conveyancing will be more expensive.
I'm converting the mortgage on my existing house to a buy to let mortgage with Chelsea Building Society and I will use the ballance of the raised equity towards further house. The area we are interested in is Putney Vale. Will your conveyancers be able to act for the two lenders and tie in the two deals?
Make use of our search tool on this site to ensure that the solicitors are approved by both lenders. Having checked that they are the conveyancer will be able to tie up the two transactions but you should talk with you conveyancer and make clear your expectations and requirements.
We are 17 days into a freehold purchase having been recommend to solicitors by the high street agent to carry out the conveyancing in Putney Vale. I am am extremely dissatisfied with the level of service. Can you help me find new solicitors?
They would need to be really bad in order to consider replacing them. Has your loan offer been issued? In the event that it has you need to inform them of the new lawyer and get the loan are issued to the new lawyers. Your conveyancer should be on the mortgage company panel to avoid supplemental costs and frustration. That should be your first question of the new lawyers. Our find a solicitor tool should help you find a bank approved conveyancer for your home move in Putney Vale
Is it necessary during the course of the conveyancing process to attend the offices of the lender conveyancing panel solicitor to sign the legal charge? If so, I will instruct a firm who offer conveyancing in Putney Vale as it will be easier to pop in to their offices when needed.
Most conveyancing panel lawyers for the mortgage company undertake conveyancing via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. YOu dont have to use a conveyancing solicitor in Putney Vale. it would nevertheless be wise to check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.