I have given 8 weeks notice to my current landlord and have to leave my let out flat in Bodmin by 20/4/2021. Conveyancing on my purchase has just started. How realistic is it to complete in three weeks as I wish to avoid having to find temporary accommodation?
Generally one should not provide notice on a rental unless you have exchanged. If you have not previously done so, contact to your conveyancer and ask them to they cajole the other solicitors, try to an agreed time frame that everyone will work towards
Just bought a detached house in Bodmin , how long should it take for the Land Registry to deal with the formalities evidencing the transfer to my name? My Bodmin conveyancing solicitor has been very slow, so I want to be certain that my ownership is recorded.
As far as conveyancing in Bodmin registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can vary according to the party submitting the application, whether it is in order and if the Land registry must send notices to any interested persons or bodies. At present approximately three quarters of submission are fully dealt with in less than three weeks but occasionally there can be protracted delays. Registration occurs after the purchaser is living at the premises therefore an expedited registration is not typically top priority yet if it is urgent that the the registration takes place urgently then you or your conveyancer can speak with the land registry and explain the circumstances.
I am purchasing a new build house in Bodmin with the aid of help to buy. The sellers refused to reduce the price so I negotiated £7000 of fixtures and fittings instead. The estate agent advised me not inform my solicitor about the extras as it will jeopardize my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Due to the advice of my in-laws I had a survey completed on a house in Bodmin before instructing conveyancers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some lenders will not give a mortgage on such a house.
It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. Should you wish to telephone us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Bodmin. Conveyancing will be smoother if you use a solicitor in Bodmin especially if they are familiar with such properties in Bodmin.
My brother has suggested that I use his lawyers for conveyancing in Bodmin. Should I find my own property lawyer?
No doubt it’s preferable to choose a conveyancing lawyer is to have referrals from friends or family who have used the solicitor you're considering.