I have given 8 weeks notice to my existing landlord and have to be out of my rented property in Gants Hill by the end of next month. Conveyancing on my purchase is underway. Can I complete in 5 weeks as I wish to avoid having to move into short term accommodation?
Generally one should not provide notice for your lease until exchange of contracts has taken place. If you have not previously done so, update to your lawyer and ask them to they cajole the sellers lawyers, try to get a realistic time scale from them that all parties will aim towards
The Gants Hill conveyancing solicitors that just started acting on my house acquisition in Gants Hill have without warning closed. I only went with them because I needed a lawyer on the Principality conveyancing panel and my previous Gants Hill lawyer was not. I paid them £170 on account. What should be my next steps?
If you have an estate agent involved then let them know straight away so that they can let the sellers know that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Principality conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to help.
I am aiming to move home in April. Will my conveyancing solicitor liaise with the removal company on the completion day. On a separate note, can you suggest a removal company in Gants Hill. Conveyancing solicitor was found before I stumbled across this website.
On the day of completion you will need to collect the keys from your selling agent however this should only take place after the sellers conveyancers advise the agent that they have the completion monies and the keys can be handed over. Subsequently you can tell the removal men that they can start moving you in. As a matter of policy we do not suggest a particular removal organisation but can assist you in choosing a residential property solicitor in Gants Hill or a solicitor with expertise in conveyancing in Gants Hill.
Please help - my lawyer says that missing deeds insurance is required on my purchase. What is the level of cover for Gants Hill conveyancing?
The right level of missing deeds indemnity insurance should be dictated by who who your lender is. It would differ for example between Barclays and Skipton Building Society. Conveyancing practitioners as opposed to borrowers take out such insurances.
We have agreed to purchase a house in Gants Hill. A rare aspect is that the roof has a solar panel. Lloyds have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Lloyds your lawyer must follow the conveyancing requirements contained in Part 2 of UK Finance Lenders’ Handbook for Lloyds. The CML Handbook includes minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Lloyds where a lease fails to comply with these provisions. The requirements relate to the installation of panels on properties in England and Wales and is not isolated to Gants Hill.
I'm purchasing my first flat in Gants Hill with a loan from Barclays . The builders refused to reduce the price so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not inform my conveyancer about this deal as it may impact my loan with the bank. Do I keep my lawyer in the dark?.
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.
My father has suggested that I instruct his conveyancing solicitors in Gants Hill. Should I use them?
No doubt it’s preferable to select a conveyancing practitioner is to get referrals from friends or relatives who have previously instructed the solicitor that you are considering.