I have given 2 months notice to my current landlord and must leave my let out flat in Plumstead by the end of next month. Conveyancing on my purchase has just started. Can I complete in a couple of weeks as don't want to have to move into short term accommodation?
It is unwise to provide notice for your lease unless exchange of contracts has taken place. Assuming that you have not already done so, update to your solicitor and request that they cajole the owners lawyers, try to an agreed time frame that all parties will aim to achieve
Can you explain why leasehold purchase conveyancing in Plumstead costs more?
The conveyancing costs on a leasehold property in Plumstead is frequently more expensive than on a freehold residence. This is because there is an amount of extra time required in liaising with the freeholder and management company to collate the information concerning whether the rent and service fee have been discharged and whether there are any major works due in the foreseeable future on repairs or maintenance of the building.
We are selling our flat in Plumstead. Does the conveyancer have to be on the Leeds Building Society conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Leeds Building Society conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently currently.
I am helping my aunt sell her flat in Plumstead. Does the solicitor commission the energy assessment or it is for me to coordinate?
Following the demise of HIPs, energy performance certificates was maintained a required component of selling a house. An energy performance certificate must be to hand in advance of the property being marketed. It is not something that conveyancers ordinarily organise. If you are using a Plumstead conveyancing solicitor they may be willing to arrange EPC’s given their contacts with reputable local assessors
I am currently in the process of buying my council flat in Plumstead. I have a mortgage agreed with Aldermore. 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 have 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 Aldermore, you will need to appoint a solicitor on the Aldermore conveyancing panel.
Santander have agreed my home loan in principle, my offer on a flat in Plumstead has been accepted, now what?
Your property agent will need to be informed of your property lawyer's details (be sure the property lawyers are on the lender’s panel). Call up Santander or the broker and finalise any outstanding forms. Santander will instruct a valuer who will get in touch with the selling agent or seller to schedule a slot for the valuation to take place. Once conducted (assuming no problems) it takes approximately ten days to receive the mortgage offer. Santander will issue the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Plumstead.
Is it best to instruct a Plumstead conveyancing solicitor in close proximity to the house I am purchasing? I have an old university friend who can execute the legal formalities however they are based approximately 350miles away.
The primary upside of using a high street Plumstead conveyancing firm is that you can visit the firm to sign paperwork, hand in your ID and apply pressure on them if necessary. Having local Plumstead know how is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If you know people who used your friend and the majority were happy that must trump using an unfamiliar Plumstead conveyancing lawyer just because they are based in the area.