I have given 2 months notice to my existing landlord and must vacate my let out apartment in Ettington by . Conveyancing for my house purchase is underway. Can I complete in 4 weeks as I wish to avoid having to move into temporary accommodation?
The normal practice is not to serve notice on a rental until exchange of contracts has taken place. Assuming that you have not already done so, speak to your conveyancer and ask them to they seek the assistance the other solicitors, try to get a realistic time scale from them that everyone will look towards
My husband and I wish to acquire a newbuild flat in Ettington with a loan from .We use our Ettington conveyancing solicitor but advised that her practice is not on their approved list of member firms. It seems we are left with little choice but to instruct a panel solicitor or keep our preferred solicitor and fork out for one of their panel ones to act for them. This seems very unfair; Can we not simply insist that use our lawyer?
No, not really. The loan issued to you is subject to its various provisions, one of which will be that conveyancers must be on the approved list. Until recently, most mortgage companies had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for
Me and my brother purchased a renovated Victorian house in Ettington. Conveyancing solicitor acted for me and . I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold with the exact same property. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Ettington and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing practitioner who conducted the conveyancing.
I own a leasehold house in Ettington. Conveyancing and mortgage are in place. I have received a letter from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1991. The conveyancing practitioner in Ettington who acted for me is not around. What should I do?
The first thing you should do is make enquiries of HMLR to make sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. You do not need to instruct a Ettington conveyancing practitioner to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I acquired a garden flat in Ettington, conveyancing formalities finalised 3 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding properties in Ettington with an extended lease are worth £165,000. The ground rent is £45 yearly. The lease expires on 21st October 50
With just 50 years remaining on your lease we estimate the premium for your lease extension to be between £36,100 and £41,800 as well as costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.
Our offer on detached house in Ettington was accepted, the owner does nevertheless have a connected purchase. The vendors have offered on somewhere, although it’s not yet tied up, and has viewings of other apartments booked. I have selected a nearby conveyancing lawyer in Ettington. What should be my next step? When should I get the mortgage application with started with ?
It is usual to have concerns where there is a chain given your reluctance to incur expenses too early (mortgage application is in the region of £1k, then valuation, Ettington conveyancing search charges, etc). The first thing to do is check that your is on the approved list. As to the next steps this very much dictated by the specifics of your case, desire for this property and on the state of the market. During a hot market the majority of home buyers would apply for a home loan with and arrange for the valuation and only if it was satisfactory would they pay their to press on with the conveyancing in Ettington.