I have given 8 weeks notice to my existing landlord and must leave my rented property in Margate by the end of next month. Conveyancing for my house purchase has just started. Can I complete in three weeks as I wish to avoid having to move into temporary accommodation?
The normal practice is not to give notice on a rental unless exchange of contracts has taken place. If you have not already done so, notify 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 work towards
Do I need to attend the offices of the solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Margate so that I can attend their offices if necessary.
Most approved lawyers for mortgage companies conduct their communications via Royal Mail, e-mail or over the phone. This means that they can undertake the conveyancing transaction regardless of where you live in England or Wales. That being said you can see if you can still book an appointment to visit conveyancing lawyer if you prefer.
Can I be sure that the Margate conveyancing solicitor on the HSBC panel is any good?
When it comes to conveyancing in Margate obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor handling your transaction.
We expect to receive a AIP from Nottingham 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 Nottingham recommend any Margate solicitors on the Nottingham conveyancing panel, or is it better to go independently?
You will need to appoint Margate solicitors independently although you'll need to choose one on the Nottingham conveyancing panel. The solicitor represents both you and Nottingham through the process.
Santander have agreed my mortgage in principle, my bid on a flat in Margate has been accepted, now what?
The estate agent will wish to know who your solicitors are (make sure the property lawyers are on the bank’s approved list). Call up Santander or your broker and finalise any relevant documentation. Santander will sellect a valuer who will get in touch with the estate agent or seller to schedule an appointment. Once carried out (assuming no problems) it takes about a week for the mortgage offer to be issued. Santander will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Margate.
Just had an offer accepted on a new build apartment in Margate. 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 legal work.
Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Margate
Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision.
Last April I purchased a leasehold house in Margate. Do I have any liability for service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Leasehold Conveyancing in Margate - Examples of Questions you should ask before buying
Best to be warned if window replacement or some other significant cost is coming up that will be shared between the leaseholders and could well dramatically increase the the maintenance charges or require a one off payment. How much is the maintenance charge and ground rent on the property? How many of the leaseholders are in arrears for their maintenance charge payments?
Can you suggest a lawyer for buying a house? Ideally someone in Margate, who will contact me via email - not someone who insists on a letter in the post or fax.
The purpose of this site is restricted to being a directory service for conveyancing practitioners who wish to be listed as being on the approved conveyancing panel for Bank of Ireland in certain areas for example Margate . We dont recommend any specific conveyancer.