I have given 8 weeks notice to my current landlord and must leave my let out flat in Canning Town by 20/12/2019. Conveyancing on my purchase is progressing. Is it possible to complete in a couple of weeks as I wish to avoid having to find temporary accommodation?
Generally one should not serve notice on a rental unless you have exchanged. Assuming that you have not previously done so, update to your conveyancer and request that they cajole the other lawyers, try to get a realistic time scale from them that everyone will look towards
We're in Canning Town, First time buyers purchasing with a mortgage (lender is Nationwide , and our solicitor is on the Nationwide conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nationwide conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
The deeds to my property are lost. The conveyancers who conducted the conveyancing in Canning Town 10 years ago are no longer around. What are my next steps?
Nowadays there are duplicates made of almost everything, and your lawyer should know precisely where to find all the appropriate paperwork so you may buy or sell your property without a hitch. Where duplicates can’t be found, your conveyancer may be able to arrange cover in the form of insurance or indemnities against future claims on your property.
I decided to have a survey done on a house in Canning Town before instructing conveyancers. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some lenders may refuse to grant a mortgage on this type of home.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. If you contact us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Canning Town. Conveyancing may be slightly more expensive based on your lender's requirements.
I have just started marketing my 2 bed flat in Canning Town. Conveyancing solicitors are to be appointed soon, but I have just received a yearly service charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should discharge the service charge as normal given that all ground rent and maintenance invoices will be allotted on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I have attempted and failed to negotiate with my landlord for a lease extension without getting anywhere. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Canning Town conveyancing firm to help?
in cases where there is a missing freeholder or where there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to make a decision on the sum to be paid.
An example of a Lease Extension decision for a Canning Town residence is 46 Credon Road in January 2014. On 11 September 2013 Deputy District Judge Price sitting at the Bow County Court made a vesting order that the freeholder surrender his lease and be granted a new lease of the Premises on such terms as may be determined by the First Tier Tribunal (Property Chamber).The appropriate sum as concluded by the Tribunal was £7225 This case related to 1 flat. The unexpired term as at the valuation date was 69.77 years.
Me and my wife are buying a leasehold property in Canning Town. Conveyancing estimates are coming in at around £1650. Is that in the right ballpark?
The average cost in 2014 for conveyancing in Canning Town was just over one thousand four hundred and fifty pounds excluding SDLT and HM Land Registry fees.