I have given 2 months notice to my existing landlord and must leave my rented apartment in Dunstable by the end of next month. Conveyancing for my house purchase is progressing. How realistic is it to complete in six weeks as don't want to have to move into short term accommodation?
It is unwise to provide notice on a rental until you have exchanged. Assuming that you have not already done so, contact to your lawyer and request that they cajole the other lawyers, try to get a realistic time scale from them that all parties will work towards
I have a decision in principle. The lender mentioned the loan came with free conveyancing. Does this mean I have to use their panel lawyer as I would prefer to use a specialised conveyancing solicitor in Dunstable?
Do check but the the probability is that give you one of their panel solicitors if you want the "fee-free" deal. Call the bank and determine if they make available a cash alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in Dunstable.
Are there restrictive covenants that are commonly picked up during conveyancing in Dunstable?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Dunstable. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
About to purchase a new build flat in Dunstable. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Dunstable
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are architect prepared. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Why can't I complete my conveyancing in Dunstable on May bank holiday?
This is due to the fact that on completion the funds will be transferred electronically between the banks of the buyer and owner’s solicitor and currently this can only occur on a working day. So you can't complete on a weekend either.