I have given 2 months notice to my current landlord and have to be out of my rented flat in Margate by 28/11/2025. Conveyancing on my purchase is underway. Can I complete in 5 weeks as I wish to avoid having to move into temporary accommodation?
It is unwise to provide notice on a rental unless your lawyer suggests that you should. Assuming that you have not already done so, update to your lawyer and request that they cajole the other solicitors, try to get a realistic time scale from them that everyone will work to achieve
We see that you have a search directory listing solicitors on the UBS conveyancing panel. Do firms pay you a referral fee if I retain them for our conveyancing in Margate?
We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Margate.
I completed on my home on 13 January and the transaction details is yet to be registered. Need I be worried? My conveyancing solicitor in Margate expressed confidence that it should be recorded in less than a month. Are titles in Margate uniquely lengthy to register?
As far as conveyancing in Margate is concerned, registration is no faster or slower than the rest of England and Wales. As opposed to being determined by geographic area, timeframes can adjust depending on who lodges the application, whether it is in order and if the Land registry need to notify any third parties. Currently in the region of 80% of submission are completed in less than three weeks but occasionally there can be longer delays. Registration takes place once the buyer has moved in to the premises thus registration formalities is not usually top priority but where it is urgent that the the registration takes place urgently then you or your lawyers should contact the land registry and explain the circumstances.
My brother has encouraged me to instruct his conveyancers in Margate. Should I use them?
No doubt the ideal way to select a conveyancing solicitor is to seek referrals from friends or family who have experience in using the conveyancer you're are thinking of instructing.
I work for a reputable estate agency in Margate where we have experienced a few leasehold sales put at risk due to short leases. I have received conflicting advice from local Margate conveyancing solicitors. Could you clarify whether the owner of a flat can start the lease extension formalities for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I own a split level flat in Margate, conveyancing having been completed December 2012. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Margate with an extended lease are worth £179,000. The ground rent is £65 invoiced every year. The lease comes to an end on 21st October 2082
With just 57 years left to run we estimate the premium for your lease extension to span between £26,600 and £30,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.
My mother and father cant seem to find their Margate property on the HM Land Registry website. They recall that back in the 70’s when they purchased the property there were complications regarding the post code not being identified on some systems.
The vast majority of residences in Margate should show up. Have you limited your search to just the postcode. Usually it should mention all the premises inside that postcode. Assuming the property is recorded it will be there with a title number. Where they bought 50 years ago it's conceivable it may be unregistered. The address might still be revealed but with the title number shown 'na'. In this scenario you will need to track down the original title deeds which may be with your parent’s mortgage company.