I have given 2 months notice to my existing landlord and have to vacate my rented property in Hampton by 30/5/2019. Conveyancing on my purchase is underway. How realistic is it to complete in 4 weeks as I wish to avoid having to move into temporary accommodation?
The normal practice is not to give notice for your lease until exchange of contracts has taken place. If you have not already done so, update to your conveyancer and ask them to they chase the other solicitors, try to an acceptable time-line that everyone will look towards
When can the exchange of contracts occur in domestic conveyancing in Hampton and do I need to attend the lawyers office?
If you are near to one of the conveyancing solicitors in Hampton you are invited in to sign contracts. However, the lender approved solicitors we work with supply countrywide coverage for conveyancing and give as equally detailed and professional a job for you when communicating with you by post or email. The executing of the purchase agreement is not the point of no return. A signed contract simply enables the firm to address the formalities at the suitable time, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Hampton)to be in the office available at the end of the phone to exchange contracts.
We are planning to purchase with Norwich and Peterborough Building Society. I visited a couple of local companies yet am unable to find a Hampton conveyancing firm on the Norwich and Peterborough Building Society panel. Can you assist?
Please do take advantage of the search tool on this page. Please choose the building society and type Hampton or your location and you will be presented with numerous solicitors located in Hampton or nearest you.
I completed on my apartment on 12 October and the transaction details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Hampton expressed confidence that it would be formalised in less than a month. Are titles in Hampton particularly slow to register?
As far as conveyancing in Hampton registration is no faster or slower than the rest of England and Wales. As opposed to being determined by geographic area, timeframes can adjust depending on the party submitting the application, whether there are errors and if the Land registry communicate with any 3rd persons or bodies. Currently roughly three quarters of such applications are fully dealt with in less than three weeks but some can be subject to protracted delays. Historically registration occurs once the purchaser is living at the property therefore 'speed' is not typically primary concern but if it is urgent that the the registration takes place urgently then you or your solicitor could speak with the land registry and explain the circumstances.
I am 3 weeks into a freehold purchase having been recommend to solicitors by the high street agent to perform conveyancing in Hampton. I am am extremely dissatisfied with the quality of service. Can you help me find new solicitors?
A solicitor would have to be very bad to suggest diss instructing them. Has your mortgage offer been issued? In the event that it has you must advise them of the new contact details and have the mortgage documents are re-issued. Your conveyancer needs to be on the lenders panel to avoid supplemental costs and complications. So that should be your first question of the new conveyancers. The search tool can help you find a lender approved lawyer for your home move in Hampton
I work for a busy estate agency in Hampton where we have experienced a number of flat sales jeopardised as a result of leases having less than 80 years remaining. I have received inconsistent advice from local Hampton conveyancing firms. Can you confirm whether the vendor of a flat can instigate the lease extension formalities for the buyer?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the disposal of the property.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
After months of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Hampton. Can we issue an application to the Residential Property Tribunal Service?
Where there is a missing landlord or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to decide the amount due.
An example of a Lease Extension decision for a Hampton premises is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case affected 1 flat. The unexpired term was 82.93 years.