I have given 2 months notice to my current landlord and have to leave my rented property in Newbury Park by . Conveyancing on my purchase is underway. How realistic is it to complete in six weeks as don't want to have to find temporary accommodation?

Generally one should not give notice for your lease unless your lawyer suggests that you should. Assuming that you have not previously done so, update to your lawyer and ask them to they cajole the sellers solicitors, try to an acceptable time-line that all parties will look to achieve

The Newbury Park conveyancing lawyers that I recently instructed on my house acquisition in Newbury Park have suddenly closed. I only went with them because I needed a lawyer on the conveyancing panel and my preferred Newbury Park lawyer was not. I paid them 275 plus VAT on account. What should be my next steps?

If you have an estate agent involved then let them know straight away so that they can let the sellers know that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to help.

How does conveyancing in Newbury Park differ for newly converted properties?

Most buyers of new build property in Newbury Park come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is ready to move into. This is because developers in Newbury Park typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Newbury Park or who has acted in the same development.

I'm refinancing my primary home to a buy to let loan with and intend to use the remaining equity as a down payment on another property. The neighborhood we are interested in is Newbury Park. Will your lawyers be able to act for both sets of lenders and link together the conveyances?

Make use of our search tool on this page to ensure that the conveyancers are on the relevant lender panels. Having checked that they are your solicitor should be able to tie up the two conveyancing matters but you should talk with you lawyer and make apparent your expectations and needs.

I’m about to sell my ground floor apartment in Newbury Park. Conveyancing lawyers have not yet been instructed, however I have recently received a quarterly maintenance charge invoice – should I leave it to the buyer to sort out?

It best that you clear the service charge as you normally would as all ground rent and maintenance payments should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I own a split level flat in Newbury Park, conveyancing was carried out in 1995. Can you work out an approximate cost of a lease extension? Equivalent properties in Newbury Park with a long lease are worth £165,000. The average or mid-range amount of ground rent is £45 yearly. The lease runs out on 21st October 50

With just 50 years left to run the likely cost is going to range between £36,100 and £41,800 as well as costs.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.