I have given 2 months notice to my current landlord and have to be out of my rented apartment in West Moors by 1/11/2021. Conveyancing on my purchase is underway. How realistic is it to complete in a couple of weeks as don't want to have to move into temporary accommodation?
The normal practice is not to serve notice for your lease until exchange of contracts has taken place. If you have not already done so, notify to your lawyer and request that they seek the assistance the sellers solicitors, try to an acceptable time-line that all parties will work towards
The deeds to our house can not be found. The lawyers who did the conveyancing in West Moors 5 years ago have long since closed. What are my next steps?
You no longer need to have the physical deeds to establish that you are the owner of your registered land or premises, as the Land Registry hold details of all registered land or property electronically.
I am buying a new build house in West Moors benefiting from help to buy. The builders would not reduce the amount so I negotiated £7000 of additionals instead. The house builders rep suggested that I not inform my conveyancer about the extras as it could impact my mortgage with the lender. Should I keep quiet?.
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.
Should I instruct a West Moors conveyancing solicitor in close proximity to the house I am buying? I have an old university friend who can perform the legal work however his firm is located 300miles away.
The benefit of a local West Moors conveyancing firm is that you can attend the office to execute documents, present your identification documents and apply pressure on them if necessary. They will also have local intelligence which is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and on the whole were content that must outweigh using an unfamiliar West Moors conveyancing solicitor solely due to them being based in the area.
We had our mortgage approved last Friday with our lender. We appointed a reputable conveyancer in West Moors last week. A couple of hours ago, our broker contacted us saying that the mortgage company said that we cannot use our solicitor as they aren't on their panel. As FTB's, we had no idea that the lender had a say Is this legal?
You can actually instruct any lawyer you wish to select for your conveyancing in West Moors nevertheless if your lender aren't happy with them you would have to incur an extra fee so your lender can appoint their own lawyers. sometimes it is conceivable that your solicitor may apply to get included on to the mortgage company list of approved firms. You can use web-based search facilities such as lenderpanel.com to find a conveyancing solcitor in West Moors on the lender panel. You can go into your local mortgage company branch in West Moors. They will know some good conveyancing solicitors in West Moors on the approved list.