I have given 8 weeks notice to my current landlord and must leave my rented apartment in Colindale by 16/1/2024. Conveyancing on my purchase is progressing. Is it possible to complete in 5 weeks as don't want to have to move into short term accommodation?
The normal practice is not to provide notice on a rental until your lawyer suggests that you should. Assuming that you have not previously done so, notify to your conveyancer and urge them to they cajole the owners side, try to an agreed time frame that all parties will look towards
Is it the case that all Colindale conveyancing solicitors on the Skipton conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Skipton conveyancing panel they would need to be overseen by the SRA. Some banks do list licenced conveyancers on their panel and in that case the practice would be regulated by the CLC.
I have decided to exercise my right to buy my property in Colindale off the council. I have a mortgage agreed with UBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
I had an offer accepted on a property in Colindale on 29/9/2023, valuation was booked 4 days after, all came back fine. Conveyancer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to Kent Reliance and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Kent Reliance conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Kent Reliance to deal with your lawyer's application to be on the Kent Reliance conveyancing panel. There's no guarantee that your solicitor will be accepted.
What will a local search inform me concerning the house my wife and I purchasing in Colindale?
Colindale conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company for example Onsearch The local search plays a central part in most Colindale conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your property. The search will reveal data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
I'm purchasing a new build house in Colindale with a loan from TSB. The builders would not reduce the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent suggested that I not inform my solicitor about the side-deal as it will affect my loan with TSB. Is this normal?.
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.
I am Googling for Colindale online conveyancing estimates. Can I be sure that all the Colindale law firms that are listed on your website are on the mortgage company conveyancing panel?
The law firms on our directory have advised us that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the bank panel. To date we have not been informed by either a bank or a member of the public that the data about a specific Colindale conveyancing solicitor being on the lender conveyancing panel is not accurate.