I have given 2 months notice to my existing landlord and must be out of my let out property in Didcot by the end of next month. Conveyancing on my purchase is underway. How realistic is it to complete in three weeks as I wish to avoid having to find short term accommodation?
The normal practice is not to give notice for your lease until exchange of contracts has taken place. Assuming that you have not previously done so, speak to your solicitor and ask them to they chase the owners solicitors, try to an agreed time frame that all parties will aim towards
We note that you have a search directory listing law firms on the HSBC conveyancing panel. Do companies pay you a referral fee if I retain them for our own conveyancing in Didcot?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Didcot.
I have been on the look out for a flat up to £305k and found one round the corner in Didcot I like with open areas and transport links nearby, however it's only got 61 remaining years left on the lease. I can't really find anything else in Didcot suitable, so just wondered if I would be making a mistake buying a short lease?
Should you need a mortgage the shortness of the lease may be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current 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 term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.
How do I use the search facility to locate a conveyancing solicitor in Didcot on the approved list for my bank?
1st choose a lender such as National Westminster Bank, Coventry Building Society or Nottingham Building Society then choose your location e.g. Didcot. Conveyancing firms in Didcot and nationally will then be shown.
Is there an average legal costs for conveyancing in Didcot?
The average cost last year for conveyancing in Didcot was just over one thousand four hundred and fifty pounds not including SDLT and HMLR charges.