I have given 2 months notice to my existing landlord and have to leave my let out property in Southgate by the end of next month. Conveyancing on my purchase is underway. Is it possible to complete in 5 weeks as I wish to avoid having to move into short term accommodation?
It is unwise to provide notice for your lease unless exchange of contracts has taken place. Assuming that you have not already done so, contact to your conveyancer and request that they chase the sellers lawyers, try to a target completion date that everyone will work to achieve
How does conveyancing in Southgate differ for newly converted properties?
Most buyers of new build premises in Southgate contact us having been asked by the seller to exchange contracts and commit to the purchase even before the property is finished. This is because builders in Southgate typically buy 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 conveyancing solicitors 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 Southgate or who has acted in the same development.
I am looking for a ground for flat up to £245,000 and found one close by in Southgate I like with a park and transport links nearby, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in Southgate in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan that many years will likely be an issue. 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 a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
Is there anything unique about your site and other web based conveyancing solicitors when it comes to conveyancing in Southgate?
At this site get a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Southgate. As opposed to estate agents and brokerage sites we are not in the business of charging firms a commission if you instruct them for your conveyancing in Southgate
As co-executor for the will of my grandfather I am selling a residence in Neath but I am based in Southgate. My lawyer (based 250 kilometers awayhas requested that I sign a stat dec ahead of completion. Can you recommend a conveyancing lawyer in Southgate who can witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are located in Southgate