I have given 8 weeks notice to my existing landlord and have to leave my let out property in Frenchay by the end of next month. Conveyancing for my house purchase is underway. How realistic is it to complete in six weeks as I wish to avoid having to find temporary accommodation?
Generally one should not provide notice on a rental until you have exchanged. If you have not already done so, contact to your lawyer and request that they seek the assistance the other side, try to get a realistic time scale from them that everyone will aim towards
Having sold my house in Frenchay last November yet the purchaser is whats apping every few hours to say their conveyancer is waiting to hear from mine. What should my lawyer have done following completion?
Following your disposal your lawyer is obliged to deliver the transfer deeds and all supplemental paperwork to the buyer’s lawyers. Where appropriate, your conveyancer should also confirm that the legal charge in favour of the lender has been redeemed to the purchasers lawyers. There are no post completion tasks specific conveyancing in Frenchay.
My partner and I are selling our property in Frenchay and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any high street Frenchay conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers are using a national conveyancing practice as opposed to a conveyancing solicitor in Frenchay. Having lived in Frenchay for 4 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to get confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. Frenchay is where the house is located. What do you suggest?
Flying freeholds in Frenchay are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Frenchay you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Frenchay may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
We're new on the property ladder - agreed a price, yet the selling agent informed us that the owners will only proceed if we appoint their preferred lawyers as they need an ‘expedited deal’. We would rather use a family conveyancer with experience of conveyancing in Frenchay
It is improbable the vendors are driving this. Should the vendor desire ‘a quick sale', taking such a hostile approach to a genuine buyer is going to damage their objectives. Contact the sellers directly and make sure they understand (a)you are serious buyers (b)you are ready to progress, with finances arranged © you are chain free (d) you wish to move quickly (e)however you intend to use your own,trusted Frenchay conveyancing lawyers - rather thanthe ones that will earn their estate agent a kickback or hit his conveyancing figures demanded by HQ.
I've found a house that seems to be perfect, at a reasonable price which is making it more attractive. I have just discovered that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns buying a house with a leasehold title in Frenchay. Conveyancing advisers have are soon to be instructed. Will they explain the issues?
Most houses in Frenchay are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. it is apparent that you are purchasing in Frenchay in which case you should be shopping around for a Frenchay conveyancing practitioner and check that they are used to dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a lessee you will not be at liberty to do whatever you want to the property. The lease comes with conditions for example requiring the freeholder’sconsent to carry out alterations. It may be necessary to pay a service charge towards the upkeep of the communal areas where the property is part of an estate. Your conveyancer will advise you fully on all the issues.
I own a split level flat in Frenchay, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Frenchay with a long lease are worth £165,000. The ground rent is £50 invoiced every year. The lease comes to an end on 21st October 2101
With just 77 years remaining on your lease we estimate the premium for your lease extension to range between £7,600 and £8,800 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.