I have given 2 months notice to my existing landlord and must leave my let out apartment in Shefford by 15/7/2025. Conveyancing on my purchase has just started. Is it possible to complete in three weeks as I wish to avoid having to move into temporary accommodation?
It is unwise to serve notice on a rental unless your lawyer suggests that you should. Assuming that you have not already done so, notify to your lawyer and urge them to they cajole the sellers lawyers, try to a target completion date that all parties will aim to achieve
Are all Shefford Conveyancing Quality Solicitors on the RBS conveyancing list of approved solicitors?
Some major banks and building societies now utilise the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of firms.
The mortgage over my property is with Clydesdale for my property in Shefford. Conveyancing was finalised months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Clydesdale?
You must advise Clydesdale in advance of letting out your property as this is likely to be a breach of Clydesdale’s mortgage conditions. It may be that Clydesdale will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Clydesdale directly. It should not be necessary to do this via a Clydesdale conveyancing panel solicitor.
It is unclear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Shefford building society branch on a couple of occasions and was reassured it wasn't a problem and they will lend. My Shefford conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they would not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
As long as the conveyancing practitioner is on the lender panel, they must follow the CML Handbook specifications for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
Will commercial conveyancing searches disclose planned roadworks that could impact a commercial property in Shefford?
Many commercial conveyancing solicitors in Shefford will execute a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Shefford. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Shefford.
For each commercial conveyancing transaction in Shefford it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can cause delays to Shefford commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Shefford.
I have recentlybecome aware that Stirling Law have been shut down. They carried out my conveyancing in Shefford for a purchase of a freehold house 10 months ago. How can I be sure that the property is in my name in the name of the former proprietor?
The quickest way to check if the property is in your name, 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 Shefford conveyancing specialists.
I have been on the look out for a flat up to £195,000 and identified one round the corner in Shefford I like with open areas and transport links nearby, however it's only got 51 years unexpired on the lease. There is not much else in Shefford in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a home loan the shortness of the lease will be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
I need to instruct a conveyancing lawyer in Shefford for my purchase. Is there any facility to check a firm’s complaints history with the profession’s regulator?
Members of the public can review presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, call +44 (0)121 329 6800. The regulator sometimes monitor telephone calls for training purposes.