I have given 2 months notice to my existing landlord and must leave my let out apartment in Lincolnshire by the end of next month. Conveyancing for my house purchase has just started. How realistic is it to complete in three weeks as I wish to avoid having to find temporary accommodation?
Generally one should not provide notice on a rental unless exchange of contracts has taken place. Assuming that you have not previously done so, contact to your lawyer and request that they cajole the other side, try to get a realistic time scale from them that all parties will work towards
We're in Lincolnshire, FTBs purchasing with a mortgage (lender is Principality , and our solicitor is on the Principality conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Principality conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Me and my brother purchased a terraced Georgian property in Lincolnshire. Conveyancing practitioner acted for me and Accord Mortgages Ltd. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold under the exact same address. Is it worth asking Accord Mortgages Ltd to clarify?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lincolnshire and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing practitioner who completed the work.
Due to the input of my in-laws I had a survey completed on a house in Lincolnshire prior to retaining conveyancers. I have been informed that there is a flying freehold aspect to the house. My surveyor has said that some lenders tend not grant a mortgage on such a home.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. If you e-mail us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Lincolnshire. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Lincolnshire to see if the conveyancing costs will increase in light of this.
We're first time buyers - agreed a price, but the property agent informed us that the seller will only move forward if we use the agent's chosen solicitors as they need an ‘expedited deal’. We would rather use a local solicitor used to conveyancing in Lincolnshire
We suspect that the seller is not behind this requirement. Should the owner want ‘a quick sale', turning down a motivated purchaser is likely to cause more damage than good. Bypass the agents and go straight to the owners and make the point that (a)you are genuine purchasers (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you intend to instruct your preferred Lincolnshire conveyancing solicitors - not the ones that will give the negotiator at the agency a kickback or meet his conveyancing figures set by senior management.