I have given 8 weeks notice to my current landlord and have to vacate my let out apartment in Barons Court by the end of next month. Conveyancing for my house purchase is underway. Is it possible to complete in three weeks as I wish to avoid having to move into short term accommodation?
The normal practice is not to serve notice for your lease until you have exchanged. Assuming that you have not previously done so, update to your lawyer and ask them to they chase the owners solicitors, try to an acceptable time-line that all parties will aim towards
We are selling our house in Barons Court and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A local conveyancer would know this is not the case. It does beg the question why the purchasers used a web based conveyancing firm as opposed to a conveyancing solicitor in Barons Court. Having lived in Barons Court for six years we know that this is a non issue. Do we contact our local Authority to obtain clarification that the buyers are looking for.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
2 months have gone by since my purchase conveyancing in Barons Court took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm purchasing my first flat in Barons Court with the aid of help to buy. The builders refused to move on the amount so I negotiated 6k of additionals instead. The estate agent told me not inform my conveyancer about this deal as it will impact my loan with the lender. 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.
I decided to have a survey carried out on a property in Barons Court before instructing solicitors. I have been informed that there is a flying freehold element to the property. The surveyor advised that some banks tend not grant a loan on this type of property.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. If you e-mail us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Barons Court. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Barons Court to see if the conveyancing will be more expensive.
My husband and I are 18 days into a residential purchase having been recommend to conveyancers by the selling agent to do our conveyancing in Barons Court. I am not happy. Could you help me find new lawyers?
A conveyancer would need to be very poor to suggest replacing them. Has the loan offer been generated? In the event that it has you need to advise them of the new contact details and get the offer are issued to the new lawyers. The solicitor ideally should be on the mortgage company panel to avoid added charges and complications. That should be your starting point. Our find a solicitor tool should assist you in finding a bank approved conveyancer for your conveyancing in Barons Court