We're in Bexleyheath, FTBs buying with a mortgage (lender is Co-operative , and our lawyer is on the Co-operative conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Co-operative conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
The deeds to my property are lost. The conveyancers who conducted the conveyancing in Bexleyheath 10 years ago have long since closed. Will I be able to sell the house?
As long as you have a registered title the details of your proprietorship will be retained by the Land Registry under a Title Number. It is possible to conduct a search at the Land Registry, find your property and secure current copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will also normally hold a certified duplicate of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
I'm buying a new build house in Bexleyheath with a loan from Nationwide Building Society. The builders refused to move on the price so I negotiated 6k of fixtures and fittings instead. The estate agent advised me not disclose to my solicitor about this side-deal as it may jeopardize my loan with Nationwide Building Society. Should I keep quiet?.
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've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Bexleyheath is where the house is located. Is there any advice you can impart?
Flying freeholds in Bexleyheath are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bexleyheath you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bexleyheath may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
What tools are available to locate a Bexleyheath law firm on the Aldermore conveyancing panel? I have wheels and am willing to travel upto 20miles to meet the lawyer.
You can use the tool on this page. Please pick a lender and your location and you will see a number of Bexleyheath conveyancing lawyers based on proximity. We have detailed some Bexleyheath conveyancing firms at the bottom of this page and you can contact them to check if they are on the Aldermore panel
I have today placed an offer on a leasehold flat in Bexleyheath and the mortgage adviser that we are dealing with suggested his conveyancer. She quoted £800 plus VAT and disbursements. Does this sound like a good deal?
Don't just go on 1 estimate. You should obtain like-for-like quotes for your conveyancing in Bexleyheath. Then pick one that you trust and just as important, is on the approved list of the bank that you have applied for a mortgage from.