I have given 2 months notice to my current landlord and must vacate my let out flat in Stanmore by 7/6/2024. Conveyancing on my purchase has just started. How realistic is it to complete in a couple of weeks as I wish to avoid having to find short term accommodation?
Generally one should not serve notice for your lease until your lawyer suggests that you should. Assuming that you have not already done so, contact to your lawyer and ask them to they seek the assistance the sellers lawyers, try to an agreed time frame that all parties will look towards
We are purchasing a house and need a conveyancing solicitor in Stanmore who is on the Skipton solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Skipton . We don't recommend any particular firms conducting conveyancing in Stanmore.
Do I need to be suspicious about brokers that I am dealing with are suggesting a web based conveyancing firm rather than a High Street Stanmore conveyancing firm?
As is the case with many professional services, often input from relatives can be very helpful. But there are numerous players in a conveyancing deal; estate agents, financial adviser and mortgage companies might all recommend solicitors to instruct. On occasion the lawyers might be known to one of the organisations as being good in their field, but occasionally there exists a commercial relationship behind the endorsement. You are free to choose your own lawyer. However, bear in mind that many banks specify a panel list of lawyers you have to use for the mortgage related work in your house move.
My brother has suggested that I appoint his conveyancers in Stanmore. Should I use them?
There are no two ways about it it’s preferable to find a conveyancing solicitor is to have guidance from friends or relatives who have used the solicitor that you are are thinking of instructing.
I am employed by a busy estate agency in Stanmore where we have witnessed a number of flat sales jeopardised as a result of short leases. I have received contradictory information from local Stanmore conveyancing solicitors. Please can you confirm whether the vendor of a flat can initiate the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I have tried to negotiate informally with with my landlord to extend my lease without success. Can one apply to the Leasehold Valuation Tribunal? Can you recommend a Stanmore conveyancing firm to represent me?
You certainly can. We can put you in touch with a Stanmore conveyancing firm who can help.
An example of a Lease Extension decision for a Stanmore flat is 27B Hillside in February 2010. the resulting premium, all other aspects of the valuation having been agreed between the parties was set at £8,250 This case affected 1 flat. The number of years remaining on the existing lease(s) was 70.25 years.
I have finally had an offer on an maisonette in Stanmore accepted, the seller does nevertheless have an associated purchase. The current proprietors have put an offer on a flat, although it’s not been accepted yet, and are looking at other properties in the pipeline. I have chosen a local conveyancing solicitor in Stanmore. What should be my next step? When do I get the mortgage application with Co-operative started with Co-operative?
It is standard to have apprehensions where there is an associated chain given your reluctance to incur costs too early (mortgage application is approx one thousand pounds, then valuation, Stanmore conveyancing search charges, etc). The first thing to do is ensure that your conveyancer is on the Co-operative conveyancing panel. Regarding the next stages this very much depends on the circumstances of your transaction, desire for the property and on the state of the market. During a rising market many home buyers will apply for the mortgage with Co-operative and arrange for the survey and only if it comes back ok would they pay their solicitor to press on with searches.