I have given 8 weeks notice to my current landlord and must vacate my let out apartment in Tintagel by 8/3/2022. Conveyancing on my purchase is underway. Is it possible to complete in three weeks as don't want to have to find short term accommodation?
The normal practice is not to serve notice for your lease until you have exchanged. If you have not already done so, notify to your conveyancer and ask them to they cajole the sellers lawyers, try to get a realistic time scale from them that everyone will work towards
I appreciate that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a property in Tintagel? or I am told that there is an ancient law that could mean that house owners residing in a parish church boundary will be compelled to pay for repairs towards the chancel in proximity to the church. Is this relevant for conveyancing in Tintagel?
Unless a previous acquisition of the house took place post 12 October 2013 you could assume that conveyancing practitioners carrying out conveyancing in Tintagel to continue to advocate a chancel search and or insurance against a claim.
It has been three months since my purchase conveyancing in Tintagel took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
About to purchase a new build flat in Tintagel. 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 few leasehold new build questions that you should expect your new-build leasehold conveyancing in Tintagel
-
Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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. Forfeiture - bankruptcy or liquidation must not apply under this provision. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I have been on the look out for a leasehold apartment up to £235,500 and found one round the corner in Tintagel I like with amenity areas and transport links in the vicinity, the downside is that it's only got 61 remaining years left on the lease. I can't really find anything else in Tintagel in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
If you need a mortgage that many years will likely be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
Back In 2002, I bought a leasehold flat in Tintagel. Conveyancing and Coventry Building Society mortgage organised. A letter has just been received from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1994. The conveyancing practitioner in Tintagel who previously acted has now retired. Any advice?
The first thing you should do is contact the Land Registry to make sure that this person is indeed the new freeholder. It is not necessary to instruct a Tintagel conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Tintagel Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to buying
-
How many of the leaseholders are in arrears for their maintenance charge payments? It is important to be aware whether a new roof is being put on or some other significant cost is pending to be shared between the leasehold owners and will dramatically impact the level of the maintenance charges or result in a specific payment. It would be a good idea to find out if there are any onerous prohibitions in the lease. For instance it is very common in Tintagel leases that pets are not permitted in certain buildings in Tintagel. If you like the propertyin Tintagel however your cat is not allowed to make the move with you then you have a very difficult decision.