I have given 2 months notice to my current landlord and have to be out of my rented flat in Seascale by the end of next month. Conveyancing on my purchase is underway. Can I complete in 5 weeks as don't want to have to move into short term accommodation?
The normal practice is not to provide notice for your lease until you have exchanged. Assuming that you have not previously done so, contact to your solicitor and request that they chase the sellers lawyers, try to an acceptable time-line that all parties will aim to achieve
How does conveyancing in Seascale differ for newly converted properties?
Most buyers of new build or newly converted property in Seascale approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Seascale typically buy 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 property lawyers 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 used to new build conveyancing in Seascale or who has acted in the same development.
I opted to have a survey carried out on a house in Seascale in advance of appointing conveyancers. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some banks will not grant a mortgage on such a home.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. Should you wish to telephone us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Seascale. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm remortgaging my existing house to a BTL mortgage with Barclays Direct and I will use the rest of the raised equity towards another house. The area we are interested in is Seascale. Will your lawyers be able to act for the two lenders and link together the two deals?
Do use our comparison tool on this page to be sure that the conveyancers are approved by both banks. On the basis that they are your conveyancer will be able to simultaneously deal with the two deals but you should have a chat with you solicitor and make clear your desired outcome and requirements.
My cousin has encouraged me to use his conveyancing solicitors in Seascale. Do I take his guidance?
No doubt it’s preferable to find a conveyancing solicitor is to seek feedback from friends or relatives who have actually previously instructed the solicitor that you are contemplating using.