I have given 2 months notice to my existing landlord and have to leave my rented flat in County Durham by the end of next month. Conveyancing on my purchase has just started. Is it possible to complete in a couple of weeks as I wish to avoid having to move into short term accommodation?
Generally one should not serve notice on a rental unless your lawyer suggests that you should. If you have not previously done so, speak to your solicitor and urge them to they cajole the other lawyers, try to an acceptable time-line that everyone will look towards
We are selling our home in County Durham and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any local conveyancer would know this is not the case. For the life of me I don't know why the buyers instructed an internet conveyancing outfit as opposed to a conveyancing solicitor in County Durham. Having lived in County Durham for many years we know of no issue. Should we get in touch with our local Authority to get clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
The deeds to my home are lost. The solicitors who conducted the conveyancing in County Durham 5 years ago are no longer around. What do I do?
You no longer need to hold title original deeds to evidence that you are the registered proprietor of land or premises, as the Land Registry have everything they need in a digital format.
I am purchasing a new build house in County Durham with a loan from Godiva Mortgages Ltd. The developers refused to budge the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent advised me not disclose to my conveyancer about this deal as it would adversely affect my loan with the lender. 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.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what was supposed to be a quick, no chain conveyancing. County Durham is where the house is located. Can you shed any light on this issue?
Flying freeholds in County Durham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside County Durham you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in County Durham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.