I have given 8 weeks notice to my existing landlord and must be out of my rented flat in Kettering by 2/12/2024. Conveyancing on my purchase is underway. How realistic is it to complete in 4 weeks as I wish to avoid having to find short term accommodation?
The normal practice is not to give notice on a rental until exchange of contracts has taken place. Assuming that you have not already done so, contact to your conveyancer and urge them to they cajole the other lawyers, try to get a realistic time scale from them that everyone will look to achieve
Why do I have to pay up front for my conveyancing in Kettering?
If you are buying a property in Kettering your solicitor will request that you put them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. If any deposit is payable against the purchase price then this will be needed immediately prior to contracts are exchanged. Any further balance that is needed will be payable shortly before completion.
A colleague recommended that if I am buying in Kettering I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally quoted for as part of the standard Kettering conveyancing searches. It is not a small report of more than thirty pages, listing and detailing significant information about Kettering around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Kettering Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Kettering Education with plans and statistics, Local Amenities and other useful data about Kettering.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and found one near me in Kettering I like with open areas and railway links nearby, however it only has 52 remaining years left on the lease. I can't really find anything else in Kettering in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a mortgage the shortness of the lease may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
How easy is it to switch solicitor as I need to retain one who is on the Chelsea Building Society conveyancing list. I was using a local conveyancing solicitor in Kettering five minutes from me but he is not accepted by Chelsea Building Society
We will our best to assist in finding you a conveyancing solicitor in Kettering on the Chelsea Building Society panel. Please note that the solicitors that we on the directory do not pay us commission if you instruct them and are under regulation of the SRA who oversee all conveyancing solicitors in Kettering. Using search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Kettering.
We are in the throes of a leasehold sale of a flat in Kettering. Conveyancing is fine but we have been asked to pay a fortune by the freeholder. To date we have issued a cheque for £225 for a leasehold management pack and then another £117.20 for supplemental questions supplied by the buyers solicitor.
You will not have control over the level of the fee for this information however the average fee for the information for Kettering leasehold premises is £360. When it comes to Kettering conveyancing deals it is customary for the owner to cover the charges. The landlord or their agents are under no legal obligation to address such questions although many will agree to do so - albeit often at exorbitant prices disproportionate to the work involved. Regretfully there is no statute that requires capped fees for administrative tasks. Neither is there any set time frame by which they are required to issue answers.