I have given 8 weeks notice to my existing landlord and have to vacate my rented apartment in Hartlepool by the end of next month. Conveyancing for my house purchase has just started. Can I complete in six weeks as don't want to have to find short term accommodation?
It is unwise to provide notice for your lease unless your lawyer suggests that you should. If you have not previously done so, speak to your conveyancer and urge them to they chase the other lawyers, try to get a realistic time scale from them that all parties will work towards
I am buying a right to buy a flat in Hartlepool. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Hartlepool you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Hartlepool.
We have a mortgage agreed in principle with UBS. Hartlepool conveyancing solicitors are selected. How long does it take for UBS to forward the offer to the conveyancing practitioner?
Some lenders take longer than others. Have UBS conducted the survey? Have you advised UBS as to your lawyers' details and checked that your lawyers are on the UBS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am expecting a AIP from Kent Reliance 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 Kent Reliance recommend any Hartlepool solicitors on the Kent Reliance conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Hartlepool solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
Planning on purchasing a maisonette in Hartlepool. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Principality conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Hartlepool lawyer is on the Principality conveyancing panel.
It has been 3 months since my purchase conveyancing in Hartlepool completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm purchasing my first flat in Hartlepool with the aid of help to buy. The builders refused to budge the price so I negotiated five thousand pounds worth of extras instead. The house builders rep told me not to tell my solicitor about the side-deal as it would put at risk my loan with the bank. 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.