I have given 2 months notice to my current landlord and have to vacate my rented flat in Stansted by the end of next month. Conveyancing on my purchase has just started. Can I complete in six weeks as don't want to have to move into temporary accommodation?
The normal practice is not to serve notice for your tenancy until your lawyer suggests that you should. Assuming that you have not previously done so, notify to your solicitor and request that they chase the sellers side, try to a target completion date that all parties will look to achieve
What is the difference between a licensed conveyancer and conveyancing solicitor in Stansted
There are two types of lawyers who can carry out conveyancing in Stansted namely CLC regulated conveyancers or solicitors. Both professionals provide conveyancing services that required to complete the sale or acquisition of property. They are both required to conduct Stansted conveyancing on similar quality and guidelines so you can be safe in the knowledge that your conveyancing will be professionally conducted and that all necessary steps will be appropriately attended to.
My bid for a property was accepted at auction in Stansted. Conveyancing is needed. What are my next steps?
Having for in every practical sense signed on the dotted line you will need to appoint a conveyancing solicitor quickly as you will have a pending a drop dead date to complete the conveyancing. Every auction property will have a bespoke legal pack. This will likely include evidence of title and search results. If you have purchased leasehold property the conveyancing papers may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to leasehold premises. You must hand this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that that you have the requisite funding organised to complete on the date specified in the contract.
Completion of my purchase has taken place for my property in Stansted. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
A friend advised me that where I am purchasing in Stansted I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Stansted conveyancing searches. It is not a small report of about 40 pages, listing and detailing important information about Stansted around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Stansted Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Stansted Education with maps and statistics, Local Amenities and other useful information about Stansted.
I have justbecome aware that Wolstenholmes have closed. They conducted my conveyancing in Stansted for a purchase of a leasehold apartment 9 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The quickest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Stansted conveyancing specialists.
I have been advised by a number of property agents in Stansted to choose a conveyancer using your seach tool. Is there a financial incentive for Estate Agents to market your services rather than a competitor’s?
We don’t give any commission for sending work our way. We thought it would be too underhand a fee because a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
I work for a reputable estate agency in Stansted where we have witnessed a few leasehold sales put at risk as a result of leases having less than 80 years remaining. I have received contradictory information from local Stansted conveyancing solicitors. Please can you clarify whether the owner of a flat can commence the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the disposal of the property.
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.
Stansted Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to Purchasing
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How is the lease structured? It would be prudent to find out as much as you can concerning the company managing the block as they will impact your use and enjoyment of the property. As the owner of a leasehold property you are frequently in the clutches of the managing agents both financially and when it comes to daily issues such as the upkeep of the common parts. Don't be shy to ask prospective neighbours if they are happy with them. Finally, be sure you discover the dates that the maintenance fees are due to the relevant party and precisely what it includes. The answer will be useful as a) areas may cause problems for the block as the communal areas may start to deteriorate if services remain unpaid b) if the tenants have a dispute with the running of the building you will wish to have full disclosure