I have given 2 months notice to my existing landlord and have to be out of my let out property in Selly Oak by the end of next month. Conveyancing on my purchase is progressing. 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 provide notice for your letting until exchange of contracts has taken place. Assuming that you have not already done so, speak to your solicitor and request that they seek the assistance the owners lawyers, try to a target completion date that all parties will work towards

Is there a reason why leasehold purchase conveyancing in Selly Oak is more expensive?

The conveyancing fees for a leasehold property in Selly Oak is often higher when contrasted to a freehold residence. This is because there is an amount of supplemental investigations necessary in communicating with the landlord and management company to collate the evidence concerning whether the rent and maintenance fee have been paid and whether there are any large sums expected to be spent in the near future on repairs or maintenance of the building.

It has been three months following my purchase conveyancing in Selly Oak took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. 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 property 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.

How does conveyancing in Selly Oak differ for new build properties?

Most buyers of new build or newly converted property in Selly Oak contact us having been asked by the developer to sign contracts and commit to the purchase even before the premises is completed. This is because builders in Selly Oak typically purchase the real estate, 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 accustomed to new build conveyancing in Selly Oak or who has acted in the same development.

Being a leasehold owner I am on the hook for a maintenance contribution for my appartment in Selly Oak. As a result of personal circumstances I slipped into arrears with remittance. I negotiated a payment plan but there remains in the region of £2000 currently outstanding.

I now wish to dispose of the property and I am panicking this can jeopardize the sale if I have to settle the arrears now. I'd like to sell up and then pay them back with the proceeds - is this viable?

It would be wise to speak with the solicitor handling your Selly Oak conveyancing but one option might be to agree for the outstanding amount to be transferred to the buyers. The final price payable would be adjusted to reflect the amount of debt they assume. They could then deal with the fees once they are the owners.