I have given 8 weeks notice to my existing landlord and have to leave my let out flat in Crewe by the end of next month. Conveyancing on my purchase is progressing. Is it possible to complete in 5 weeks as I wish to avoid having to move into short term accommodation?
The normal practice is not to provide notice on a rental unless you have exchanged. If you have not previously done so, contact to your solicitor and request that they seek the assistance the other side, try to a target completion date that all parties will work to achieve
Forgive me if this question is silly but I am new to the process as a 1st time purchaser of a two bedroom flat in Crewe. Do I collect the keys to the property on completion from my solicitor? If this is the case, I will appoint a High Street conveyancing solicitor in Crewe?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the seller's lawyers, and shortly after the monies have arrived, you should be invited to collect the keys from the property Agents and move into your new home. Usually this happens early afternoon.
Two weeks ago we had a mortgage agreed in principle with TSB. Crewe conveyancing lawyers have been appointed. What is the average time that one could expect to receive a mortgage offer from TSB?
Some lenders take longer than others. Have TSB done the valuation? Have you informed TSB as to your lawyers' details and checked that your lawyers are on the TSB conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Completion of my purchase has taken place for my property in Crewe. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Most banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. We understand that complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I have recentlyfound out that Arc property Solicitors have been shut down. They conducted my conveyancing in Crewe for a purchase of a leasehold apartment 10 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The quickest way to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Crewe conveyancing specialists.
I'm buying a new build house in Crewe with a mortgage from Britannia. The developers refused to reduce the price so I negotiated 6k of additionals instead. The sale representative suggested that I not disclose to my solicitor about the side-deal as it would adversely affect my mortgage with the lender. 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.
I decided to have a survey completed on a property in Crewe ahead of appointing solicitors. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some banks will not issue a loan on a flying freehold home.
It varies from the lender to lender. Santander has different requirements from Halifax. Should you wish to telephone us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Crewe. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Crewe to see if the conveyancing costs will increase in light of this.