I have given 2 months notice to my existing landlord and must be out of my rented apartment in Ellesmere Port by 2/11/2020. Conveyancing for my house purchase is underway. Can I complete in 4 weeks as I wish to avoid having to find temporary accommodation?
It is unwise to provide notice for your tenancy until you have exchanged. If you have not previously done so, contact to your solicitor and request that they cajole the owners solicitors, try to get a realistic time scale from them that everyone will look to achieve
I have a renovated Edwardian house in Ellesmere Port. Conveyancing practitioner represented me and Godiva Mortgages Ltd. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold under the exact same property. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Ellesmere Port and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with your conveyancing practitioner who conducted the work.
I am looking for a leasehold apartment up to £245,000 and identified one round the corner in Ellesmere Port I like with amenity areas and railway links in the vicinity, the downside is that it's only got 49 remaining years left on the lease. There is not much else in Ellesmere Port for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a home loan the remaining unexpired lease term will likely be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
Am I right to be concerned that estate agents that I am dealing with are recommending a national conveyancing firm rather than a local Ellesmere Port conveyancing company?
As is the case with lots of professional services, often input from relatives can be extremely useful or valuable. Yet there are many players in a conveyancing matter; estate agents, mortgage brokers and lenders may put forward solicitors to use. On occasion these solicitors might be known to one of the organisations as being good in their field, but sometimes there exists a commercial relationship behind the endorsement. You are at liberty to appoint your own conveyancer. However, bear in mind that the majority of banks specify a panel list of lawyers you have to use for the mortgage related work in your house move.
My uncle has encouraged me to instruct his conveyancers in Ellesmere Port. Should I use them?
There are no two ways about it it’s preferable to choose a conveyancing lawyer is to get referrals from friends or family who have previously instructed the firm that you are are thinking of instructing.