I have given 8 weeks notice to my current landlord and have to vacate my rented apartment in Great Shelford by 24/9/2025. Conveyancing for my house purchase has just started. Can I complete in 4 weeks as I wish to avoid having to find temporary accommodation?
Generally one should not serve notice on a rental until your lawyer suggests that you should. Assuming that you have not previously done so, notify to your lawyer and urge them to they cajole the sellers lawyers, try to get a realistic time scale from them that everyone will work towards
Will conveyancers request money up-front when it comes to conveyancing in Great Shelford?
If you are buying a property in Great Shelford your solicitor will request that you place them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. When the down payment is as part of the sale price then this will be needed shortly ahead of exchange of contracts. The final balance that is needed will be payable shortly before completion.
Does a directory service exist listing Aldermore panel conveyancers in Great Shelford on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lending institutions make their panel listings available on the web. Where you are seeking to appoint a Great Shelford conveyancing practitioner on the Aldermore please make the most of our tool.
I am expecting a AIP from Bank of Ireland this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Bank of Ireland recommend any Great Shelford solicitors on the Bank of Ireland conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Great Shelford solicitors independently although you'll need to choose one on the Bank of Ireland conveyancing panel. The solicitor represents both you and Bank of Ireland through the process.
The formalities of my purchase has taken place for my property in Great Shelford. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make 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 Services Department at head office. Ordinarily complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
How does conveyancing in Great Shelford differ for newly converted properties?
Most buyers of new build premises in Great Shelford approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because builders in Great Shelford typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Great Shelford or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a simple, no chain conveyancing. Great Shelford is the location of the property. What do you suggest?
Flying freeholds in Great Shelford are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Great Shelford 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 Great Shelford may decide 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 residence.