I have given 8 weeks notice to my existing landlord and must leave my let out apartment in Kings Lynn by 28/3/2025. Conveyancing for my house purchase has just started. How realistic is it to complete in 5 weeks as I wish to avoid having to find temporary accommodation?
Generally one should not give notice for your letting until you have exchanged. If you have not previously done so, update to your conveyancer and urge them to they seek the assistance the other solicitors, try to get a realistic time scale from them that all parties will aim to achieve
We wanted to use a property lawyer in Kings Lynn for our house move. Our broker informed us that our mortgage lenders Halifax won't deal with them. Surely this is unduly restrictive?
A lender may require an approved solicitor act for it. Borrowers are liable to meet the charges for this. Please make use of our database to choose a solicitor to carry conveyancing in Kings Lynn on the Halifax member panel.
Forgive me if this question is silly but I am unseasoned as FTB of a ground floor flat in Kings Lynn. Do I pick up the keys to the premises on the completion date from my lawyer? If this is the case, I will find a High Street conveyancing solicitor in Kings Lynn?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the purchase money to the owner’s solicitors, and shortly after the monies have arrived, you should be invited to collect the keys from the selling Agents and start moving into the property. Usually this happens between 1 and 3pm.
We previously instructed solicitors located in Kings Lynn on the TSB solicitor approved list. They are now charging me a supplemental charge for handling the TSB mortgage. Is this an additional conveyancing fee set by TSB?
Provided it is contained in their Terms of Engagement or estimate then yes your lawyer may charge a fee for this. This charge is not dictated by TSB but by your Kings Lynn solicitor. Plenty of firms on the TSB panel will quote an ‘acting for lender’ fee and others do not.
We expect to receive a DIP from Leeds Building Society this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Leeds Building Society recommend any Kings Lynn solicitors on the Leeds Building Society conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Kings Lynn solicitors independently although you'll need to choose one on the Leeds Building Society conveyancing panel. The solicitor represents both you and Leeds Building Society through the process.
What can a local search reveal concerning the property my wife and I buying in Kings Lynn?
Kings Lynn conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search company for example PSG The local search plays an important role in most Kings Lynn conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your property. The search will provide data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
Are there restrictive covenants that are commonly identified during conveyancing in Kings Lynn?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Kings Lynn. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Over the last few months I have been searching for a ground for flat up to £235,500 and found one near me in Kings Lynn I like with open areas and railway links nearby, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Kings Lynn for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a mortgage the remaining unexpired lease term may be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.