I have given 2 months notice to my existing landlord and must leave my let out flat in Woodingdean by the end of next month. Conveyancing on my purchase is progressing. How realistic is it to complete in 4 weeks as I wish to avoid having to find short term accommodation?
Generally one should not provide notice for your lease until exchange of contracts has taken place. If you have not previously done so, speak to your conveyancer and request that they chase the owners side, try to an agreed time frame that everyone will aim to achieve
Are all Woodingdean Conveyancing Quality Solicitors on the HSBC conveyancing panel?
It is true that some banks and building societies now use CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of conveyancing solicitors.
When it comes to mortgage companies such as Barclays, do Woodingdean lawyers have to pay a yearly amount to be on the conveyancing panel?
We are not aware of any mortgage company fees to be on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
About to purchase apartment in Woodingdean. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Yorkshire BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Woodingdean lawyer is on the Yorkshire BS conveyancing panel.
I am purchasing my first flat in Woodingdean with the aid of help to buy. The sellers refused to budge the price so I negotiated 6k of fixtures and fittings instead. The estate agent suggested that I not to tell my conveyancer about the side-deal as it may affect my mortgage with TSB. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
In my capacity as executor for the estate of my father I am disposing of a residence in Swansea but reside in Woodingdean. My conveyancer (who is 260 miles from merequires that I execute a statutory declaration ahead of completion. Can you recommend a conveyancing lawyer in Woodingdean to witness and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are located in Woodingdean
I pay a maintenance contribution for my flat in Woodingdean. Due to redundancy and personal issues I slipped behind with payments. The management company agreed a payment plan but there remains two currently outstanding.
I now wish to dispose of the property and I am worried this can hold me back if I have to pay off the arrears first. I'd like to sell up and then repay the debt from the proceeds - is this practicable?
You should check with the conveyancing practitioner undertaking your Woodingdean conveyancing but one option may be to arrange for the outstanding amount to be attributed to the purchasers. The final price they pay would be adjusted to reflect the amount of debt they assume. They could then discharge the outstanding monies once they are the owners.