I have given 2 months notice to my current landlord and have to vacate my rented apartment in Maidstone by 30/5/2023. Conveyancing on my purchase is underway. Can I complete in a couple of weeks as don't want to have to move into temporary accommodation?
The normal practice is not to give notice on a rental unless you have exchanged. If you have not already done so, contact to your conveyancer and request that they seek the assistance the owners lawyers, try to an acceptable time-line that all parties will aim towards
I require quick conveyancing in Maidstone as I am under pressure to complete inside one month. Thankfully I do not require a mortgage. Can I decline from having conveyancing searches to save money and time?
If.Given you are are a mortgage free buyer you are at liberty not to do searches although no solicitor would suggest that you don't. With lots of history conveyancing in Maidstone the following are examples of what can be revealed and therefore affect market value: Enforcement Actions, Overdue Charges, Outstanding Grants, Railway Schemes,...
The estate agent has sent us the confirmation of our purchase of a new build flat in Maidstone. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Maidstone
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There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
What does commercial conveyancing in Maidstone cover?
Maidstone conveyancing for business premises covers a broad range of services, offered by qualified solicitors, relating to business property. For instance, 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 loans and the termination of tenancies.
We are one month into a residential purchase having been directed to conveyancers by the selling agent to perform conveyancing in Maidstone. I am am very frustrated with the quality of service. Can you you assist me in finding new conveyancers?
They would need to be really poor to suggest diss instructing them. Has your mortgage been generated? If so you will need to inform them of the new lawyer and ensure the loan are re-sent. The conveyancer should be on the lenders panel to avoid added expenses and complications. That should be your starting point. Our find a solicitor tool can assist you in finding a bank approved lawyer for your home move in Maidstone
I am hoping to put an offer on a small detached house that appears to meet my requirements, at a great figure which is making it all the more appealing. I have subsequently found out that the title is leasehold rather than freehold. I would have thought that there are particular concerns buying a house with a leasehold title in Maidstone. Conveyancing lawyers have not yet been appointed. Will my lawyers set out the implications of buying a leasehold house in Maidstone ?
Most houses in Maidstone are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. We note that you are purchasing in Maidstone in which case you should be looking for a Maidstone conveyancing solicitor and check that they have experience in transacting on leasehold houses. First you will need to check the unexpired lease term. As a leaseholder you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example obtaining the landlord’sconsent to carry out alterations. You may also be required to pay a service charge towards the upkeep of the communal areas where the property is located on an estate. Your conveyancer should appraise you on the various issues.
I bought a leasehold flat in Maidstone, conveyancing was carried out half a dozen years ago. Can you work out an approximate cost of a lease extension? Similar properties in Maidstone with an extended lease are worth £180,000. The average or mid-range amount of ground rent is £65 yearly. The lease runs out on 21st October 2082
With only 59 years left to run we estimate the premium for your lease extension to range between £20,900 and £24,200 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.