In a few weeks I am likely to move from our detached residence in Skelmersdale into a flat in Preston . What is the right point to book a home removal company?
We would usually advise that home vendors wait until the point where exchange of contracts has occurred as commonly the firm date wont have been firmed up. Local home mover companies include Hale Brian, 18 Windsor Rd, Upholland, Skelmersdale, WN8 0JE Call: 01695 632699 or All Star Removals, 105 Mercury Way, Skelmersdale, WN8 6BE Telephone: 01942 366232.
Why is it silly to buy a leasehold with less than 99 years to run?
In large part, if a leasehold drops below 90 years, it’s because mortgage companies will not be willing to lend money to purchase the leasehold. They will almost certainly have a stipulation on the length of the leasehold as part of their criteria for lending.
Most buyers are very aware of this and the trend is for an insistence of the sellers to provide an extension back up to the 99-year or 125-year thresholds before considering its purchase. Otherwise, even if you can finance it, eventually you’ll have to consider the legal cost of extending the lease yourself.
Would arranging a house survey be advisable when buying property?
It is heavily suggested that you arrange a home surveyor. There can be many defects that affect a property, including roof spread or ground movement.
Will your conveyancing solicitor in Skelmersdale order any searches on the Lancashire thirties mid terrace home I am purchasing
If buying and getting a mortgage the lender insist that at least - Local Authority, Drainage Search (Con29DW) and Environment Search and occasionally specific local searches for instance Official Search of Part with Priority (OS2).
How much effort is it to sort out a house in multiple occupancy (HMO)?
A house in multiple occupancy is defined as a property where at least three tenants live forming more than one household (one person or more living together), but share kitchen and bathroom facilities.
As a landlord of an HMO, your responsibilities include ensuring proper fire safety measures are in place, gas safety checks are completed annually, the electric system is checked every five years, there are sufficient bathroom and kitchen facilities for everyone to comfortably use, communal areas are kept clean and safe to use, and waste disposal is managed effectively (provision of bins and bags).
This requires more effort than having a property to rent to one household, and you may wish to employ a solicitor to sort out the legal side of things in the first instance, and a property management company to handle the administration, disputes, etc. on a daily basis.
Homeward Legal's experienced solicitors have completed many different transactions including properties for HMOs. Why not give us a quick call now on 0800 038 6699 to get your conveyancing under way today?