Me and my partner are buying a leasehold flat in Northfleet. My lawyer is not on the lender solicitor panel. Is it possible for me to use my Northfleet conveyancing solicitor notwithstanding that they are excluded from the bank list of approved lawyers?
One must appoint a conveyancer to complete the formalities if you take out a mortgage to purchase your home. They will conduct all the essential legal checks on the property, make sure that you will be registered as proprietor and ensure that all the necessary mortgage paperwork is in place. One can instruct a Northfleet lawyer of your choosing. However, where the lawyer selected is not a member of the bank solicitor panel further costs will be incurred as separate legal representation will be need by the bank. Conveyancing panel applications may be submitted, so if your lawyer has not previously sought membership they can do so.
I have given 8 weeks notice to my current landlord and have to be out of my let out property in Northfleet by the end of next month. Conveyancing on my purchase has just started. How realistic is it to complete in three weeks as I wish to avoid having to move into short term accommodation?
It is unwise to serve notice on a rental unless your lawyer suggests that you should. If you have not previously done so, update to your solicitor and request that they cajole the owners side, try to a target completion date that all parties will aim to achieve
Forgive me if this question is silly but I am unseasoned as FTB of a two bedroom flat in Northfleet. Do I collect the keys to the premises on the completion date from my solicitor? If so, I will appoint a local conveyancing solicitor in Northfleet?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the purchase money to the seller's lawyers, and once they have received this, you will be called to collect the keys from the Estate Agents and move into your new home. This tends to happen between 1 and 3pm.
We are aiming to move house in January. Does my conveyancing solicitor liaise with the removal company on the completion day. Incidentally, can you suggest a removal company in Northfleet. Conveyancing firm was found before I stumbled across this website.
On the afternoon of completion you can collect the keys from the property agent however this can only take place once the vendors conveyancers advise the agent that the monies to complete are in and the keys can be collected. You should tell the removal men that you are ready to move in. We are not in a position to suggest a particular removal company but can help you locate a conveyancing in Northfleet or a solicitor that specialises in conveyancing in Northfleet.
I am currently in the process of buying my council flat in Northfleet. I have a mortgage offer with Virgin Money. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Virgin Money, you will need to appoint a solicitor on the Virgin Money conveyancing panel.
What will a local search reveal about the house we're buying in Northfleet?
Northfleet conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search company for instance PSG The local search plays a central part in many a Northfleet conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your property. The search should supply information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
I am buying my first flat in Northfleet with a loan from Platform Home Loans Ltd. The sellers would not budge the amount so I negotiated five thousand pounds worth of extras instead. The sale representative told me not reveal to my lawyer about this extras as it will put at risk my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.