I have given 8 weeks notice to my current landlord and must leave my let out apartment in Townhill by the end of next month. Conveyancing on my purchase is progressing. Is it possible to complete in three weeks as I wish to avoid having to find short term accommodation?
The normal practice is not to provide notice for your tenancy unless exchange of contracts has taken place. If you have not already done so, update to your solicitor and ask them to they cajole the sellers solicitors, try to an agreed time frame that all parties will look towards
Is there a reason why leasehold purchase conveyancing in Townhill costs more?
Townhill leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
The deeds to my home are lost. The solicitors who conducted the conveyancing in Townhill 5 years ago are no longer around. What are my next steps?
You no longer need to have the physical original deeds to establish that you are the owner of your registered land or premises, given that the Land Registry hold details of all registered land or property electronically.
I'm buying my first flat in Townhill with the aid of help to buy. The developers refused to move on the amount so I negotiated £7000 of additionals instead. The house builders rep suggested that I not disclose to my solicitor about this deal as it would put at risk my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
How can the Landlord & Tenant Act 1954 affect my business property in Townhill and how can your lawyers assist?
The 1954 Act gives security of tenure to business tenants, granting the dueness to make a request to court for a continuation of occupancy at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and help with commercial conveyancing in Townhill