Is it realistic for conveyancing in Great Yarmouth to be concluded inside 3 weeks?
First, If you are under time constraints for your conveyancing we would recommend that your lawyer is familiar with the area as they will benefit local relationships and know-how. It is even conceivable that they could have transacted otherhomes in the same neighbourhood. You would be best advised to use a Great Yarmouth conveyancing lawyer. In addition, ensure that the lawyer is on the member panel. It is claimed that 18% of Great Yarmouth conveyancing deals are held up or jeopardised after discovering a purchaser’s lawyer was not on their banks list of approved solicitors. In many cases this discovery resulted in the home move being delayed by an average of three weeks. It is understood that this issue affects approximately one hundred thousand home moves every year. Many Great Yarmouth conveyancing practices can not act for certain banks so do check at the outset.
Finally the sale completed on my house in Great Yarmouth last November but my buyer keeps e-mailing me complaining that their conveyancer needs to hear from myconveyancer. What should have happened now that I have sold?
Post completion of your house sale your conveyancer should deliver the transfer deeds and all of the paperwork to the purchaser's lawyers. If applicable, your lawyer must also send confirmation that the home loan has been discharged to the purchasers conveyancers. There is unlikely to be post completion requirements peculiar conveyancing in Great Yarmouth.
I'm buying a new build house in Great Yarmouth with a loan from Yorkshire Building Society. The developers would not move on the amount so I negotiated £7000 of additionals instead. The estate agent told me not inform my lawyer about this extras as it will adversely affect my loan with Yorkshire 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 opted to have a survey carried out on a house in Great Yarmouth ahead of appointing conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some lenders tend not grant a mortgage on this type of home.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Birmingham Midshires. If you e-mail us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Great Yarmouth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Great Yarmouth to see if the conveyancing costs will increase in light of this.
How do I identify a Great Yarmouth solicitor on the Barclays Direct conveyancing panel? I drive a motor bike and am happy to travel upto 20kilometers to meet the conveyancer.
You can use the tool on this website. Please pick a lender and your location and you will see a number of Great Yarmouth conveyancing lawyers locally. We have listed some Great Yarmouth conveyancing firms at the bottom of this page and you can telephone them to see whether they are on the Barclays Direct approved list
Living abroad it is not practicable to visit my Great Yarmouth conveyancing practitioners office to sign documents connected to my conveyancing in Great Yarmouth – is this a problem?
You need not be concerned. Great Yarmouth conveyancing lawyers can undertake conveyancing transactions for clients nationwide. You are unlikely to be required to attend a Great Yarmouth conveyancers office. They can deal with all communications through post, email, telephone and fax.