I have given 2 months notice to my current landlord and have to leave my let out apartment in Woodley by 3/9/2019. Conveyancing on my purchase is progressing. Is it possible to complete in a couple of weeks as I wish to avoid having to find temporary accommodation?
Generally one should not serve notice for your lease unless exchange of contracts has taken place. If you have not previously done so, notify to your solicitor and request that they apply pressure on the sellers lawyers, try to get a realistic time scale from them that all parties will aim towards
About to place a bid on a leasehold flat in Woodley. The property agents advise that it is normal for flats in Woodley to have less than 75 years remaining. I am getting a loan with Tesco Bank. Is this going to be a problem if the lease has Seventy One years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 8/7/2019 the requirements read as follows :
For new build properties, the following lease terms are not acceptable:
- The unexpired lease term on a new build flat is less than 125 years
- The unexpired lease term on a new build house is less than 250 years
If the lease cannot be amended to comply with the above, the case cannot proceed. Please advise us immediately where the case cannot proceed.
Contact point as detailed in 1.11b.
I have paid off my mortgage with Skipton. I assume I don't need a Woodley lawyer on the Skipton panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Skipton mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Skipton mortgage from the register. Skipton, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Skipton has sent the Land Registry the discharge electronically, and
- Skipton has instructed the Land Registry to do so
Completion of my purchase has taken place for my property in Woodley. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Intending to buy a flat in Woodley. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Coventry BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Woodley conveyancing practitioner is on the Coventry BS conveyancing panel.
My friend recommended that if I am purchasing in Woodley I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Woodley conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Woodley around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Woodley Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful information regarding Woodley.
Is it possible to transfer to a new firm as I have to select one who is on the Skipton Building Society conveyancing list. I hired a family conveyancing solicitor in Woodley round the corner but the firm is not accepted by Skipton Building Society
We will our best to assist in finding you a conveyancing solicitor in Woodley on the Skipton Building Society panel. Please note that the conveyancers that we work with do not pay us commission if you instruct them and are authorised and regulated by the SRA who oversee all conveyancing solicitors in Woodley. In utilising search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Woodley.