I have given 2 months notice to my current landlord and have to vacate my rented flat in St Helier by the end of next month. Conveyancing on my purchase is progressing. Can I complete in 4 weeks as don't want to have to move into temporary accommodation?
It is unwise to provide notice for your lease until exchange of contracts has taken place. If you have not already done so, speak to your conveyancer and request that they cajole the owners lawyers, try to get a realistic time scale from them that all parties will aim to achieve
We see that you have a search directory listing solicitors on the Virgin Money conveyancing panel. Do companies pay you a referral fee if I retain them for our own conveyancing in St Helier?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in St Helier.
The St Helier conveyancing solicitors that I appointed last week on my house acquisition in St Helier have without warning closed. They were on acting for me because I had to have a lawyer on the Nationwide conveyancing panel and my preferred St Helier lawyer was not. I paid them funds in advance. What are my options?
Assuming that you have an Estate Agent in the equation then let them know immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Nationwide conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.
Is it necessary to pay for insurance to cover chancel repairs when purchasing a house in St Helier?
Unless a previous acquisition of the premises completed after 12 October 2013 you may take it that solicitors delivering conveyancing in St Helier to remain recommending a chancel search and or chancel repair liability policy.
Expecting to exchange soon on a studio apartment in St Helier. Conveyancing lawyers assured me that they will have a report out to me within the next couple of days. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in St Helier should include some of the following:
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The length of the lease term. You should be advised as what happens when the lease ends, and informed of the importance of not letting the lease term falling below eighty years Setting out your legal entitlements in respect of common areas in the block.By way of example, does the lease include a right of way over an accessway or hallways? Changes to the property It needs to be made clear to you if the lease allows you to change or upgrade anything in the flat- you must know whether it applies to all alterations or just structural alteration, and whether permission is required You should have a good understanding of the insurance provisions
Following months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in St Helier. Can we issue an application to the Residential Property Tribunal Service?
Where there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to arrive at the sum to be paid.
An example of a Freehold Enfranchisement case for a St Helier premises is Buchanan Court 39 Vernon Road in April 2010. the Tribunal assessed that the premium payable for the freehold of the block should be £44,000. This case related to 2 flats. The unexpired term was 66.67 years.
Why can I not complete my conveyancing in St Helier on a bank holiday?
This is due to the fact that on completion the funds will be transferred electronically between the banks of the purchaser and owner’s lawyer and currently this can only happen on a working day. It is not possible to complete on a weekend either.