I have given 2 months notice to my current landlord and have to leave my rented apartment in Ryde by the end of next month. Conveyancing for my house purchase has just started. Can I complete in 5 weeks as I wish to avoid having to find short term accommodation?
Generally one should not give notice for your tenancy until exchange of contracts has taken place. Assuming that you have not previously done so, notify to your conveyancer and ask them to they chase the owners solicitors, try to an agreed time frame that everyone will aim to achieve
What can a local search inform me regarding the house I am purchasing in Ryde?
Ryde conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search company for example Searches UK The local search is essential in every Ryde conveyancing purchase; that is if you wish to avoid any unpleasant surprises after you move into your property. The search should reveal data 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 areas.
I'm buying my first flat in Ryde benefiting from help to buy. The builders refused to move on the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent suggested that I not reveal to my solicitor about the side-deal as it would jeopardize my loan with the bank. 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.
Due to the advice of my in-laws I had a survey completed on a house in Ryde before retaining lawyers. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies tend not issue a loan on such a house.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Ryde. Conveyancing will be smoother if you use a solicitor in Ryde especially if they are familiar with such properties in Ryde.
Am I best advised to use a Ryde conveyancing lawyer based in the area that I am hoping to buy? An old friend can deal with the legal work however his firm is located over three hundred kilometers drive away.
The primary upside of using a local Ryde conveyancing firm is that you can pop in to execute paperwork, hand in your ID and pester them where appropriate. Having local Ryde know how is a plus. However nothing is more important than finding someone that will do a good and efficient job. If other friends have used your friend and on the whole were happy that should trump using an unfamiliar Ryde conveyancing lawyer solely due to them being Ryde based.