I have given 8 weeks notice to my current landlord and must be out of my rented apartment in Leigh On Sea by 9/9/2019. Conveyancing on my purchase is progressing. Can I complete in 4 weeks as I wish to avoid having to find short term accommodation?
Generally one should not provide notice on a rental until your lawyer suggests that you should. Assuming that you have not already done so, speak to your conveyancer and urge them to they chase the sellers side, try to get a realistic time scale from them that everyone will aim towards
If you had a top tip for choosing a conveyancing solicitor in Leigh On Sea what would it be?
We would encourage you not to go for the cheapest Leigh On Sea conveyancing fees. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
This question may be naive but I am unseasoned as a first time buyer of a two bedroom flat in Leigh On Sea. Do I pick up the keys to the premises on completion from my solicitor? If so, I will use a local conveyancing solicitor in Leigh On Sea?
On the day of completion you do not need to go to the conveyancers office in Leigh On Sea. Conveyancing lawyers for you will transfer the purchase money to the vendor’s solicitors, and shortly after the monies have arrived, you will be called to pick up the keys from the Estate Agents and move into your new home. This tends to happen early afternoon.
I can not work out if my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Leigh On Sea building society branch on a couple of occasions and was reassured it wasn't a problem and they will lend. My Leigh On Sea conveyancing solicitor - who is on the bank conveyancing panel- called to say that they refuse to lend in accordance with their specific requirements. I have no idea who is right.
Provided that the property lawyer is on the bank approved list, she or he must comply with the Council of Mortgage Lenders’ Handbook conditions for the bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
A friend advised me that where I am buying in Leigh On Sea I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard Leigh On Sea conveyancing searches. It is a large report of about 40 pages, listing and setting out significant information about Leigh On Sea around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Leigh On Sea Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful information regarding Leigh On Sea.
4 months have elapsed since my purchase conveyancing in Leigh On Sea took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. 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.
Do I stop the direct debit for my mortgage with HSBC as soon as a completion date for my sale in Leigh On Sea has been agreed?
You would be well advised to continue meeting any mortgage sums to HSBC until the mortgage is paid off on completion as part of your Leigh On Sea conveyancing.