I have given 8 weeks notice to my existing landlord and have to be out of my let out property in Camelford by 15/1/2024. Conveyancing for my house purchase is underway. Can I complete in three weeks as don't want to have to move into temporary accommodation?
The normal practice is not to provide notice for your tenancy unless your lawyer suggests that you should. Assuming that you have not already done so, notify to your lawyer and urge them to they apply pressure on the sellers solicitors, try to get a realistic time scale from them that everyone will aim towards
We hope to to purchase with Earl Shilton BS. I popped in a few local solicitors yet am unable to find a Camelford conveyancing firm on the Earl Shilton BS approved list. Can you assist?
Please do take advantage of the find a lender approved solicitor tool on this page. Please choose the mortgage company and type Camelford or your location and you will be presented with numerous conveyancers located in Camelford or by proximity to you.
Me and my brother have a 4 bedroom Edwardian property in Camelford. Conveyancing practitioner represented me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Camelford and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with your conveyancing practitioner who conducted the purchase.
Just had an offer accepted on a new build flat in Camelford. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Camelford
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply a car parking plan. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I have been advised by a few estate agents in Camelford to get a quote from a solicitor using your seach tool. What’s the financial advantage for Estate Agents to offer your services rather than alternative conveyancing organisations?
We don’t offer any financial incentive for pointing buyers and sellers to this site. We thought it would be too underhand to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
I own a leasehold flat in Camelford. Conveyancing was completed in last year. I have heard that I should not allow the lease length get too low. Is this correct?
Camelford domestic long term leases are for a fixed period - often ninety nine years when they started. However many flats in Camelford were constructed or converted 20 or more years ago and so such leases now have less than 80 years unexpired. This may seem like a long time but Banks, Building Societies and other mortgage institutions on the whole need leases to have at least seventy five years left to be mortgageable. This means that when you come to sell the property you will need to extend the term of your lease if you are approaching seventy five years. To optimize your property value you should be considering whether or not to extend your lease long before you come to sell it. There are also significant benefits to taking action before the lease reaches even 80 years as when the lease falls below eighty years the premium to be paid to extend starts to increase.