I have given 2 months notice to my existing landlord and have to be out of my rented flat in Brading by the end of next month. Conveyancing on my purchase is progressing. Is it possible to complete in 4 weeks as I wish to avoid having to move into temporary accommodation?
Generally one should not give notice for your letting until you have exchanged. If you have not already done so, notify to your lawyer and ask them to they seek the assistance the owners side, try to get a realistic time scale from them that all parties will aim to achieve
We are buying a property and require a conveyancing solicitor in Brading who is on the UBS approved panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for UBS . We don't recommend any particular firms conducting conveyancing in Brading.
I am purchasing a property and the conveyancer has raised the issue of Chancel Repair to which the house could be obligated to pay given it’s proximity to the area of such a church. He has suggested insurance. Is this strictly necessary for conveyancing in Brading
Unless a prior purchase of the house completed post 12 October 2013 you may expect conveyancing practitioners carrying out conveyancing in Brading to continue to recommend a chancel search and or insurance against a claim.
My partner has encouraged me to instruct his lawyers for conveyancing in Brading. Do I take his guidance?
Much as we are happy to recommend a Brading conveyancing lawyer the best way to find a conveyancing practitioner is to have recommendations from friends or family who have previously instructed the solicitor you're considering.
Last February I purchased a leasehold flat in Brading. Do I have any liability for service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I purchased a studio flat in Brading, conveyancing having been completed November 2002. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Brading with a long lease are worth £181,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease finishes on 21st October 2075
With just 51 years remaining on your lease we estimate the premium for your lease extension to span between £30,400 and £35,200 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.
Would local authority permission be needed to convert a single dwelling into a couple of appartments in Brading? This has been carried out to a property opposite to my home in Brading and was unaware of the conversion until the works were done.
Planning permission is required for converting a single dwelling in Brading into apartments but possibly not for reverting once again to single dwelling-house so, in answer to your question, yes.