I have given 8 weeks notice to my existing landlord and have to be out of my let out apartment in Stratford by 18/1/2019. Conveyancing for my house purchase is progressing. How realistic is it to complete in three weeks as I wish to avoid having to move into temporary accommodation?
Generally one should not provide notice on a rental until you have exchanged. If you have not previously done so, update to your lawyer and request that they cajole the other side, try to an agreed time frame that everyone will look to achieve
Have just purchased a repossessed house at auction in Stratford. Conveyancing is necessary. What happens now?
Given that you are now exchanged you now have to choose a conveyancing practitioner soon as you are faced with a fast approaching deadline in which to complete the purchase. All auction property should have a corresponding auction set of papers. This should include evidence of title and search results. In the case of leasehold property the auction papers may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to a leasehold property. You must give this to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that your finances are in place to complete on the on the contractual date .
My wife and I have arranged a further advance on our mortgage from Clydesdale as we want to carry out alterations to our home in Stratford. Do we need to appoint a local Stratford solicitor on the Clydesdale conveyancing panel to handle the paperwork?
Clydesdale don't usually appoint firms on their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Clydesdale conveyancing panel.
I was told four weeks ago that my mortgage has been agreed to by Co-operative. Is it usual for Co-operative to only issue the offer once my solicitor in Stratford is approved on their conveyancing panel? Co-operative have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Co-operative to deal with your lawyer's application to be on the Co-operative conveyancing panel. There's no guarantee that your solicitor will be accepted.
How does conveyancing in Stratford differ for newly converted properties?
Most buyers of new build property in Stratford contact us having been asked by the developer to sign contracts and commit to the purchase even before the property is ready to move into. This is because developers in Stratford usually purchase 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 conveyancers 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 Stratford or who has acted in the same development.
What is different about your site and alternative web based conveyancing solicitors when it comes to conveyancing in Stratford?
At this site get an accurate costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Stratford. As opposed to estate agents and brokerage sites we do not have kick-back deals with solicitors. Many agents and online brokers 'recommend' solicitors who pay the highest kickback, as opposed to the best value conveyancing in Stratford
Me and my husband are purchasing a leasehold apartment in Stratford. Conveyancing quotes are averaging around £1700. Is that in the right ballpark?
The average cost last year for conveyancing in Stratford was £1,395 excluding Land Tax and HMLR charges.