I have given 2 months notice to my existing landlord and must vacate my rented apartment in Limbury by 16/4/2025. Conveyancing for my house purchase is progressing. Can I complete in 5 weeks as don't want to have to find short term accommodation?

It is unwise to give notice on a rental unless your lawyer suggests that you should. If you have not previously done so, contact to your conveyancer and request that they seek the assistance the other solicitors, try to get a realistic time scale from them that everyone will look to achieve

About to place a bid on a leasehold property in Limbury. The selling agents assure me that it is usual for flats in Limbury to have less than 75 years left on the lease. I am obtaining a loan with Tesco Bank. Is this going to be a problem if the lease has Seventy One years unexpired.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 2/3/2025 the requirements read as follows :

This question may be naive but I am wet behind the ears as FTB of a ground floor flat in Limbury. Do I collect the keys to the house on the completion date from my lawyer? If this is the case, I will appoint a local conveyancing solicitor in Limbury?

There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the purchase money to the owner’s conveyancers, and once they have received this, you will be invited to pick up the keys from the property Agents and start moving into the property. Usually this happens early afternoon.

Is it the case that all Limbury solicitor practices on the Virgin Money conveyancing panel are regulated by the Solicitors Regulatory Authority?

As solicitors, in order to be on the Virgin Money approved list of solicitors they would need to be governed by the SRA. Many mortgage companies do permit licenced conveyancers on their panel in which case such firms would be overseen by the Council of Licensed Conveyancers.

We have agreed to purchase a house in Limbury. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Co-operative be concerned?

Given that you are obtaining a mortgage with Co-operative your lawyer must check the conveyancing requirements contained in Part two of UK Finance Lenders’ Handbook for Co-operative. The Council of Mortgage Lenders’ Handbook sets out minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to Co-operative where a lease does not comply with these conditions. The specifications relate to the installation of panels on properties in England and Wales and is not restricted to Limbury.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Limbury. Conveyancing is necessary evil 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 is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Limbury

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. 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. There must be mutual enforceability of lessee’s covenants. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

I have been advised by numerous selling agents in Limbury to select a solicitor using your seach tool. What’s the financial inducement for Estate Agents to market your services over and above another?

We don’t make any commission for directing people in our direction. We thought it would be too underhand to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.