I have given 8 weeks notice to my existing landlord and must vacate my rented property in Corbridge by 16/2/2026. Conveyancing on my purchase is progressing. How realistic is it to complete in three weeks as I wish to avoid having to move into short term accommodation?
It is unwise to serve notice for your lease until you have exchanged. If you have not already done so, speak to your conveyancer and ask them to they cajole the owners lawyers, try to an acceptable time-line that all parties will aim towards
I am assisting my step-mother sell her property in Corbridge. Does the conveyancing solicitor order the EPC or it is for the owner to coordinate?
After the abolition of HIPs, EPC’s became a mandatory element of moving property. An EPC must be commissioned before the property is placed on the market. This is not something that law firms ordinarily arrange. If you are instructing a Corbridge conveyancing practitioner they may be willing to arrange energy performance certificates given their contacts with long established local assessors
We previously selected solicitors based in Corbridge on the UBS solicitor approved list. They have just billed me a supplemental amount for dealing with the UBS mortgage. Is this a supplemental conveyancing fee set by UBS?
As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your property lawyer may charge a fee for this. The fee is not set by UBS but by your Corbridge property lawyer. Plenty of firms on the UBS panel will quote an ‘acting for lender’ fee and others do not.
I have today made my last payment due on my mortgage with HSBC. I assume I don't need a Corbridge lawyer on the HSBC panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your HSBC mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the HSBC mortgage from the register. HSBC, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where HSBC has sent the Land Registry the discharge electronically, and
- HSBC has instructed the Land Registry to do so
I'm purchasing my first flat in Corbridge with a loan from Chelsea Building Society. The builders would not move on the price so I negotiated five thousand pounds worth of additionals instead. The estate agent suggested that I not inform my conveyancer about this deal as it may jeopardize my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What does commercial conveyancing in Corbridge cover?
Commercial conveyancing in Corbridge covers a broad range of advice, supplied by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
I need to find a conveyancing solicitor for residential conveyancing in Corbridge. I've stumble across a web site which seems to have the ideal answer If it is possible to get all the legals done via email that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am on look out for some leasehold conveyancing in Corbridge. Before I get started I want to be sure as to the remaining lease term.
If the lease is registered - and almost all are in Corbridge - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I bought a ground floor flat in Corbridge, conveyancing formalities finalised half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Corbridge with over 90 years remaining are worth £197,000. The average or mid-range amount of ground rent is £55 levied per year. The lease expires on 21st October 2082
You have 56 years unexpired we estimate the premium for your lease extension to be between £29,500 and £34,000 plus professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.