I have given 2 months notice to my current landlord and have to vacate my rented flat in Consett by the end of next month. Conveyancing on my purchase has just started. Can I complete in 5 weeks as I wish to avoid having to move into short term accommodation?
The normal practice is not to give notice on a rental unless your lawyer suggests that you should. If you have not previously done so, update to your lawyer and request that they chase the other lawyers, try to a target completion date that all parties will work towards
What is the optimum way to find out if the solicitor handling my conveyancing in Consett is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for TSB thus paying £175.00 in additional conveyancing costs.
Please do make use of the find a lender approved solicitor tool on this web page. Pick the lender and type ‘Consett’ or your preferred area and you will discover numerous conveyancers offices in Consett or near you.
Various online forums that I have frequented warn that are a common reason for hinderance in Consett house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not feature within the most frequent causes of hindrances in the conveyancing process. Local searches are unlikely to be the root cause of holding up conveyancing in Consett.
I have todayfound out that Wolstenholmes have closed. They conducted my conveyancing in Consett for a purchase of a freehold house 12 months ago. How can I check that the property is in my name in the name of the former proprietor?
The quickest way to see if the property is in your name, you can carry out 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 Consett conveyancing specialists.
Due to the guidance of my in-laws I had a survey completed on a property in Consett prior to retaining solicitors. I have been told that there is a flying freehold element to the house. The surveyor has said that some mortgage companies will refuse to give a mortgage on this type of home.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. Should you wish to telephone us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Consett. Conveyancing will be smoother if you use a solicitor in Consett especially if they regularly deal with such properties in Consett.
Why do I have to provide my lawyer with various items of ID before they can commence with selling or purchasing a property in Consett?
Consett lawyers are duty bound by the Law Society, SRA, HM Land Registry and current Money Laundering legislation to record that the have checked the identity of their clients. It will also be a requirement of your bank where you are taking a mortgage. In addition they have to complete various forms, particularly those relating to stamp duty land tax and need to have information such as your full names, national insurance number and date of birth.