I have given 2 months notice to my current landlord and have to vacate my rented flat in Warlingham 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 move into short term accommodation?
The normal practice is not to give notice for your tenancy until exchange of contracts has taken place. If you have not previously done so, contact to your lawyer and urge them to they cajole the owners side, try to an acceptable time-line that everyone will aim towards
How does conveyancing in Warlingham differ for new build properties?
Most buyers of new build or newly converted property in Warlingham contact us having been asked by the developer to sign contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Warlingham typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Warlingham or who has acted in the same development.
I am looking for a leasehold apartment up to £235,500 and found one near me in Warlingham I like with amenity areas and station nearby, however it's only got 49 years unexpired on the lease. There is not much else in Warlingham in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a mortgage the shortness of the lease may be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
My partner has suggested that I appoint his lawyers for conveyancing in Warlingham. Should I use them?
Much as we are happy to recommend a Warlingham conveyancing lawyer the ideal way to select a conveyancing solicitor is to have recommendations from friends or relatives who have used the solicitor you're considering.
I am contemplating appointing a web based conveyancer as opposed to a Warlingham conveyancing firm. Any advice?
Advantages do exist in being able to pop in to a local Warlingham conveyancing solicitor for example
- signing papers same day
- having face-to-face explanations of things you don't understand
- the ability to raise concerns if things need to addressed
When comparing fees, look out for hidden extras. The majority decent Warlingham high street solicitors give an all-inclusive price. Many online agents appear to offer discounted fees, yet have burried 'extras' in the small print.