I have given 2 months notice to my existing landlord and have to vacate my rented property in Durrington by the end of next month. Conveyancing on my purchase is underway. Is it possible to complete in 4 weeks as I wish to avoid having to move into short term accommodation?
Generally one should not give notice for your tenancy until exchange of contracts has taken place. Assuming that you have not previously done so, notify to your lawyer and request that they chase the other solicitors, try to get a realistic time scale from them that all parties will work towards
We are purchasing a house and need a conveyancing solicitor in Durrington who is on the Yorkshire BS conveyancing panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Yorkshire BS . We don't recommend any particular firms conducting conveyancing in Durrington.
We are planning to purchase with Earl Shilton BS. We have called around locally yet am unable to find a Durrington conveyancing firm on the Earl Shilton BS approved list. Please you assist?
You should make use of the search tool on this web page. Pick the building society and type Durrington or your preferred area and you will see a number of lawyer offices in Durrington or nearest you.
Should our lawyer be raising questions regarding flooding during the conveyancing in Durrington.
The risk of flooding is if increasing concern for solicitors dealing with homes in Durrington. There are those who purchase a house in Durrington, fully expectant that at some time, it may be flooded. However, leaving to one side the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or sell the property. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Conveyancers are not best placed to impart advice on flood risk, however there are a various searches that may be undertaken by the buyer or by their lawyers which should figure out the risks in Durrington. The conventional set of completed inquiry forms given to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard inquiry of the owner to find out whether the premises has suffered from flooding. In the event that flooding has previously occurred which is not disclosed by the vendor, then a buyer may issue a compensation claim stemming from an inaccurate reply. A buyer’s lawyers will also order an enviro search. This will reveal whether there is a recorded flood risk. If so, more detailed investigations will need to be made.
Last June I purchased a leasehold property in Durrington. Am I liable to pay service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I inherited a ground floor flat in Durrington, conveyancing was carried out in 1998. Can you work out an approximate cost of a lease extension? Similar properties in Durrington with over 90 years remaining are worth £265,000. The ground rent is £50 per annum. The lease ceases on 21st October 2101
With 76 years unexpired we estimate the price of your lease extension to be between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.