I have given 2 months notice to my existing landlord and have to vacate my rented apartment in Cwmcarn by the end of next month. Conveyancing on my purchase is underway. Can I complete in three weeks as don't want to have to find temporary accommodation?
The normal practice is not to serve notice on a rental until your lawyer suggests that you should. If you have not already done so, notify to your lawyer and request that they seek the assistance the sellers side, try to get a realistic time scale from them that everyone will work towards
We're in Cwmcarn, First timers purchasing with a mortgage (lender is Virgin Money , and our solicitor is on the Virgin Money conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Virgin Money conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer 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.
I am purchasing my first flat in Cwmcarn with a mortgage from Santander. The developers refused to move on the price so I negotiated £7000 of additionals instead. The house builders rep advised me not inform my solicitor about the side-deal as it may affect my loan with Santander. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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 house in Cwmcarn before appointing conveyancers. I have been told that there is a flying freehold element to the property. The surveyor has said that some lenders will refuse to grant a loan on this type of property.
It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. If you contact us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Cwmcarn. Conveyancing may be slightly more expensive based on your lender's requirements.
I am downsizing from my home. My previous conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Cwmcarn if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Cwmcarn. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
Do I need to have a meeting at the offices of the bank conveyancing panel solicitor to sign the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Cwmcarn so that I can attend their offices if necessary.
Most conveyancing panel lawyers for the mortgage company undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. YOu dont have to use a conveyancing solicitor in Cwmcarn. it would nevertheless be wise to check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.