I have given 8 weeks notice to my current landlord and must leave my let out flat in Ossett by . Conveyancing on my purchase is underway. Is it possible to complete in 5 weeks as don't want to have to move into temporary accommodation?
Generally one should not provide notice for your tenancy until exchange of contracts has taken place. If you have not previously done so, update to your conveyancer and ask them to they apply pressure on the owners side, try to a target completion date that all parties will work to achieve
We're in Ossett, First time buyers purchasing with a mortgage (lender is , and our solicitor is on the conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I am selling our property in Ossett and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any high street Ossett lawyer would know this is not the case. For the life of me I don't know why the purchasers used an internet conveyancing outfit as opposed to a conveyancing solicitor in Ossett. Having lived in Ossett for 4 years we know of no issue. Is it a good idea to get in touch with our local Authority to seek clarification need.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I was pointed in your direction by a number of estate agents in Ossett to choose a conveyancer on your site. What’s the financial upside for Estate Agents to recommend your services rather than a competitor’s?
We refuse to offer any commission for directing people to this site. We thought it would be too underhand to pay a commission as home movers will think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
I acquired a ground floor flat in Ossett, conveyancing was carried out 3 years ago. Can you work out an approximate cost of a lease extension? Corresponding properties in Ossett with a long lease are worth £165,000. The ground rent is £45 invoiced annually. The lease runs out on 21st October 50
With only 50 years left to run we estimate the premium for your lease extension to range between £36,100 and £41,800 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.