I have given 8 weeks notice to my existing landlord and have to vacate my let out property in Stockton Heath by the end of next month. Conveyancing for my house purchase is underway. Is it possible to complete in a couple of weeks as don't want to have to move into short term accommodation?
Generally one should not serve notice for your tenancy until your lawyer suggests that you should. If you have not already done so, speak to your conveyancer and request that they seek the assistance the other lawyers, try to get a realistic time scale from them that all parties will look to achieve
Should commercial conveyancing searches reveal proposed roadworks that could impact a commercial property in Stockton Heath?
Its becoming the norm that commercial conveyancing solicitors in Stockton Heath will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Stockton Heath. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Stockton Heath.
For each commercial conveyancing transaction in Stockton Heath it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can result in delays to Stockton Heath commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Stockton Heath.
I am buying a new build house in Stockton Heath with the aid of help to buy. The developers would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not inform my solicitor about the side-deal as it will impact my loan with the lender. 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.
Over the last few months I have been searching for a flat up to £195,000 and found one close by in Stockton Heath I like with amenity areas and transport links nearby, however it's only got 52 remaining years left on the lease. There is not much else in Stockton Heath suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you need a mortgage the shortness of the lease will be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
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