I have given 8 weeks notice to my existing landlord and have to leave my rented apartment in Roundhay by 14/5/2026. Conveyancing for my house purchase is progressing. How realistic is it to complete in six weeks as don't want to have to move into temporary accommodation?
The normal practice is not to serve notice for your lease until your lawyer suggests that you should. Assuming that you have not already done so, update to your lawyer and request that they cajole the owners side, try to get a realistic time scale from them that all parties will aim to achieve
We are expecting a mortgage offer soon. The bank mentioned the loan came with free conveyancing. Is the implication that I have to use their panel solicitor as I would prefer to instruct a specialised conveyancing solicitor in Roundhay?
You should check but the chances are that appoint one of their panel lawyers if you want the "fee-free" incentive. Contact the bank and ask if they allow a cash alternative. Some lenders have previously offered a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor in Roundhay.
A colleague recommended that if I am purchasing in Roundhay I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally included in the estimate for your Roundhay conveyancing searches. It is not a small report of about 40 pages, listing and detailing significant information about Roundhay around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Roundhay Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Roundhay Education with plans and statistics, Local Amenities and other useful data about Roundhay.
I have todaybeen informed that Wolstenholmes have closed. They carried out my conveyancing in Roundhay for a purchase of a leasehold flat 10 months ago. How can I check that the property is not still registered in the name of the previous owner?
The easiest way to see if the property is in your name, you can make 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 Roundhay conveyancing specialists.
I am purchasing a new build house in Roundhay with the aid of help to buy. The developers refused to move on the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not inform my lawyer about the side-deal as it may adversely affect my loan with Bank of Scotland. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Estate agents have just been given the go-ahead to market my garden apartment in Roundhay. Conveyancing lawyers have not yet been instructed, however I have just had a yearly maintenance charge demand – Do I pay up?
The sensible thing to do is clear the maintenance contribution as you normally would because all ground rent and service charges should be allotted on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I inherited a leasehold flat in Roundhay, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Roundhay with an extended lease are worth £191,000. The ground rent is £55 yearly. The lease ceases on 21st October 2079
You have 53 years remaining on your lease we estimate the premium for your lease extension to range between £27,600 and £31,800 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more detailed due diligence. 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 considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.