I have given 2 months notice to my current landlord and must vacate my let out apartment in Broxbourne by 5/4/2024. Conveyancing on my purchase is progressing. Can I complete in six weeks as don't want to have to find short term accommodation?
The normal practice is not to provide notice for your lease unless your lawyer suggests that you should. Assuming that you have not already done so, contact to your lawyer and request that they cajole the other side, try to a target completion date that everyone will work towards
My husband and I intend to purchase a newly converted apartment in Broxbourne with a mortgage from Clydesdale.We use our Broxbourne conveyancing practitioner but Clydesdale advised that he's not on their approved list of firms. we are left little option but to use a Clydesdale panel solicitor or keep our local solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The home loan issued to you is subject to its terms and conditions, one of which will be that solicitors will be on the Clydesdale conveyancing panel. in the past, most mortgage companies had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Clydesdale
We are buying a property and the conveyancer has raised the issue of Chancel Repair for which the property may be liable given it’s proximity to the area of such a church. He has recommended insurance. Is this strictly necessary for conveyancing in Broxbourne
Unless a previous acquisition of the property completed after 12 October 2013 you could assume that lawyers carrying out conveyancing in Broxbourne to remain encouraging a chancel search and or insurance against a claim.
Are there restrictive covenants that are commonly identified during conveyancing in Broxbourne?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Broxbourne. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a ground for flat up to £235,500 and identified one near me in Broxbourne I like with a park and station in the vicinity, the downside is that it only has 51 years on the lease. I can't really find anything else in Broxbourne in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a home loan the remaining unexpired lease term will likely be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
I am purchasing a house and require a conveyancing solicitor in Broxbourne who is on the bank approved panel. Can you recommend a Broxbourne or local Broxbourne conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who carry out conveyancing in Broxbourne. We dont recommend any particular conveyancing practice.