I have given 8 weeks notice to my current landlord and have to vacate my rented property in Chipping Norton by the end of next month. Conveyancing on my purchase has just started. Can I complete in six weeks as I wish to avoid having to find temporary accommodation?
Generally one should not provide notice for your letting until exchange of contracts has taken place. If you have not already done so, speak to your lawyer and request that they chase the sellers side, try to get a realistic time scale from them that everyone will aim towards
Do I have to visit the offices of the solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in Chipping Norton so that I can pop in to their offices if necessary.
These days approved lawyers for mortgage companies conduct the vast majority of communications via the post, e-mail or over phone calls. This means that they can undertake the legal work for your home move regardless of where you live in England or Wales. That being said you should check if you have the option of going to the offices of your conveyancing lawyer if just in case this is required.
I have been told that property searches are the number one reason for obstruction in Chipping Norton house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of slowing down conveyancing in Chipping Norton.
I have todaydiscovered that Action Conveyancing have been shut down. They conducted my conveyancing in Chipping Norton for a purchase of a freehold house 18 months ago. How can I establish that my home is in my name in the name of the previous owner?
The easiest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chipping Norton conveyancing specialists.
I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Chipping Norton is where the house is located. What do you suggest?
Flying freeholds in Chipping Norton 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 Chipping Norton you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chipping Norton may determine 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 residence.
My husband and I are acquiring a 2 bedroom flat in Chipping Norton. At the point of instructing our lawyer, we were told they were on all mainstream mortgage company panels. Our financial adviser emailed yesterday to say that they are not on the Yorkshire BS approved list. Were it to be true, what should we do? Should we just find a new property lawyer that is on their panel or do we cover the costs for dual representation, with Yorkshire BS selecting their own approved conveyancer.
Where you are purchasing a property needing a mortgage it is conventional for the purchaser’s lawyers to also represent the mortgage company. In order to act for a bank or building society a lawyer has to be on that lender's list of approved lawyers. An application has to be made by the solicitor to the lender to become a member of the lender's panel and there are increasingly strict criteria which the property lawyer has to fulfill. Some mortgage companies now insist their panel firms to be part of the Law Society’s Conveyancing Quality Scheme. Your solicitor should contact Yorkshire BS and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on Yorkshire BS's conveyancing panel as you are at liberty to use your preferred Chipping Norton lawyers, in which case your legal fees may increase, and it may delay matters as you have another set of people involved.