I have given 8 weeks notice to my existing landlord and have to vacate my let out flat in Lancaster by the end of next month. Conveyancing for my house purchase has just started. Is it possible to complete in six weeks as I wish to avoid having to find short term accommodation?
Generally one should not serve notice on a rental until your lawyer suggests that you should. If you have not already done so, update to your lawyer and urge them to they chase the other lawyers, try to a target completion date that everyone will aim towards
As someone clueless as to the Lancaster conveyancing process what is the number one tip you can impart concerning the house moving process in Lancaster
You may not hear this from too many lawyers but conveyancing in Lancaster and elsewhere in England and Wales is an adversarial experience. Put another way, when it comes to conveyancing there is lots of room for friction between you and others involved in the transaction. For instance, the vendor, estate agent and on occasion your bank. Selecting a law firm for your conveyancing in Lancaster is a critical decision as your conveyancer is your adviser, and is the SOLE person in the legal process whose role it is to look after your best interests and to protect you.
Sometimes a third party with a vested interest will try and convince you that it is in your interests to do things their way. For instance, the selling agent may claim to be helping by claiming that your solicitor is dragging his heels. Or your mortgage broker may tell you to do take action that is contrary to your lawyers guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
Me and my brother own a semi-detached Victorian house in Lancaster. Conveyancing lawyer acted for me and Chelsea Building Society. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold under the matching address. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lancaster and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing practitioner who carried out the work.
How does conveyancing in Lancaster differ for newly converted properties?
Most buyers of new build premises in Lancaster contact us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is finished. This is because developers in Lancaster tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Lancaster or who has acted in the same development.
Expecting to complete next month on a studio apartment in Lancaster. Conveyancing solicitors have said that they will have a report out to me within the next couple of days. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Lancaster should include some of the following:
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You would want to be sent a copy of the lease You should be advised what is to be regarded as a Nuisance as far as the lease is concerned Additions to the premises Who has the liability to repair and maintain the building. It is essential that you know who is responsible the repair and maintenance of all parts of the block and communal areas The physical ownership of the property. This may be the apartment itself but could also incorporate a roof space or storage are if appropriate.
Lancaster Leasehold Conveyancing - Sample of Questions you should ask before buying
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Is there a share of the freehold? It would be sensible to find out as much as possible concerning the managing agents as they can either make your life much simpler or uncomfortable. As the proprietor of a leasehold property you are often at the mercy of the managing agents both financially and when it comes to daily issues such as the tidiness of the common parts. Ask other people if they are happy with their management. On a final note, be sure you discover the dates that you are obliged pay the service charge to the managing agents and specifically how they are spending the funds. Who manages the building?
My fiance is buying a ground floor flat in Lancaster. He has received an estimate by the conveyancing practitioner connected to the estate agents totaling £1156 . It was 9 years ago since I sold and bought a house and the fee was £500. Have fees really escalated to that extent?
You should visit 3 or 4 local Lancaster conveyancing firms seeking prices. It is advisable to base your choice not only on cost, but on promptness and on how comprehensive the reply was.