I have given 2 months notice to my current landlord and must vacate my rented property in Rossington by 17/3/2026. Conveyancing on my purchase is underway. Is it possible to complete in 5 weeks as I wish to avoid having to find temporary accommodation?

The normal practice is not to give notice for your lease unless exchange of contracts has taken place. Assuming that you have not previously done so, speak to your conveyancer and ask them to they chase the other solicitors, try to a target completion date that everyone will aim to achieve

4 months have elapsed following my purchase conveyancing in Rossington concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I'm purchasing my first flat in Rossington with a loan from Accord Mortgages Ltd. The builders would not move on the price so I negotiated 6k of extras instead. The property agent told me not to tell my conveyancer about this extras as it could impact my loan with Accord Mortgages Ltd. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

In surfing the world wide web for the term cheap conveyancing in Rossington it shows results of numerous property lawyersin the area. How do I determine which is the suitable conveyancing solicitor for me?

The preferential way of finding a suitable conveyancer is through a personal referral, so enquire of colleagues and family who have bought a property in Rossington or a local estate agent or mortgage broker. Fees for conveyancing in Rossington vary, so it's a good idea to secure at least three costs illustrations from varying types of companies. Be sure to obtain confirmation that the fees are fixed.

I am looking at a couple of flats in Rossington both have approximately forty five years remaining on the lease term. Should I regard a short lease as a deal breaker?

There are no two ways about it. A leasehold apartment in Rossington is a deteriorating asset as a result of the reducing lease term. The nearer the lease gets to its expiry date, the more it adversely affects the value of the premises. For most purchasers and lenders, leases with less than eighty years become less and less marketable. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a property with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Rossington conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

Leasehold Conveyancing in Rossington - Sample of Questions you should consider before Purchasing

How is the lease structured? Make sure you discover if the the lease includes any unreasonable restrictions in the lease. For example plenty of leases prohibit pets being allowed in in a block in Rossington. If you like the flatin Rossington but your dog is not allowed to move with you then you have a very difficult choice. Who manages the block?