I have given 2 months notice to my existing landlord and have to be out of my let out property in Littleport by the end of next month. Conveyancing on my purchase has just started. How realistic is it to complete in 4 weeks as I wish to avoid having to find temporary accommodation?
Generally one should not provide notice on a rental unless exchange of contracts has taken place. If you have not previously done so, update to your conveyancer and ask them to they apply pressure on the sellers side, try to an agreed time frame that all parties will aim towards
I am planning to acquire a house and need a conveyancing solicitor in Littleport who is on the Yorkshire Building Society solicitor. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Yorkshire Building Society in certain locations such as Littleport. We dont recommend any particular firm.
I'm buying a new build house in Littleport with the aid of help to buy. The builders refused to budge the price so I negotiated 6k of extras instead. The sale representative suggested that I not inform my conveyancer about this side-deal as it may impact my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
My cousin has recommend that I instruct his conveyancers in Littleport. Should I use them?
There are no two ways about it the ideal way to select a conveyancing solicitor is to get guidance from friends or family who have previously instructed the conveyancer that you are considering.
I am on look out for some leasehold conveyancing in Littleport. Before diving in I want to be sure as to the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and almost all are in Littleport - 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 inherited a leasehold flat in Littleport, conveyancing was carried out in 2001. How much will my lease extension cost? Comparable flats in Littleport with a long lease are worth £181,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease expires on 21st October 2076
With 50 years unexpired the likely cost is going to span between £32,300 and £37,400 plus professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.