I have given 8 weeks notice to my existing landlord and must be out of my rented property in Shaftesbury by the end of next month. Conveyancing on my purchase is progressing. Can I complete in 4 weeks as I wish to avoid having to move into short term accommodation?
It is unwise to give notice on a rental unless your lawyer suggests that you should. If you have not previously done so, update to your lawyer and urge them to they apply pressure on the owners lawyers, try to get a realistic time scale from them that everyone will look towards
Having sold my house in Shaftesbury last August yet the purchaser is telephoning daily complaining that their lawyer is waiting to hear from mysolicitor. What should have happened following completion?
Following your disposal your lawyer should deliver the transfer deeds and all additional paperwork to the purchaser's lawyers. Where relevant, your conveyancer must also evidence that the home loan has been paid off to the purchasers lawyers. There is unlikely to be post completion formalities just for conveyancing in Shaftesbury.
I require quick conveyancing in Shaftesbury as I am under pressure to exchange contracts inside 2 weeks. A mortgage is not required. Is it possible to decline from having conveyancing searches to save money and time?
As you are are a mortgage free purchaser you have the choice not to have searches carried out although no lawyer would advise that you don't. With plenty of history conveyancing in Shaftesbury the following are examples of what can appear and therefore affect market value: Refused Planning Applications, Overdue Charges, Overdue Grants, Railway Schemes,...
I used Action Conveyancing a few years past for my conveyancing in Shaftesbury. I now require my papers but cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Shaftesbury of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm purchasing a new build house in Shaftesbury with the aid of help to buy. The developers refused to reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative advised me not disclose to my lawyer about this extras as it would put at risk my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am in need of some leasehold conveyancing in Shaftesbury. Before diving in I would like to find out the remaining lease term.
If the lease is recorded at the land registry - and most are in Shaftesbury - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I acquired a garden flat in Shaftesbury, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Similar flats in Shaftesbury with a long lease are worth £176,000. The average or mid-range amount of ground rent is £50 per annum. The lease expires on 21st October 2075
With 50 years remaining on your lease we estimate the premium for your lease extension to span between £31,400 and £36,200 plus plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.