I have given 2 months notice to my current landlord and must leave my let out apartment in Oakdale by the end of next month. Conveyancing on my purchase is underway. How realistic is it to complete in 5 weeks as I wish to avoid having to move into short term accommodation?
Generally one should not provide notice for your lease until you have exchanged. Assuming that you have not previously done so, update to your conveyancer and request that they cajole the sellers side, try to a target completion date that all parties will aim to achieve
Can your site be used to locate a Conveyancing solicitor in Oakdale even where I’m not purchasing or selling a house, for example if I want to buy an office in Oakdale with a loan from Barclays ?
Our search tool is mainly there to locate residential conveyancing solicitors in Oakdale but we have recorded towards the end of this page a selection of Oakdale commercial conveyancing firms. You will need to speak with the solicitors directly to check if they can also act for Barclays
The Oakdale conveyancing lawyers that I recently instructed on my purchase in Oakdale have without warning closed. I only went with them because I needed a lawyer on the Barclays conveyancing panel and my previous Oakdale lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What do I do now?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Barclays conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to help.
It has been four months since my purchase conveyancing in Oakdale took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am purchasing a new build house in Oakdale with a loan from Clydesdale. The developers refused to move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not reveal to my lawyer about this extras as it would jeopardize my loan with Clydesdale. Do I keep my lawyer in the dark?.
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.
We are FTB’s just having agreed a price on a property in Oakdale, and are now looking to get solicitors instructed. We have made use of the different rating based websites and the quotes are from all over the England and Wales. Is it necessary to have a Oakdale conveyancing practitioner local to the prospective house? We are fine to do everything electronically, but I guess at some point we may be required to visit the property lawyer's office to sign documents?
The conveyancing practitioner does not have to be in Oakdale, but opting for local means that you can go in if you need to, by way of example, if a signature is immediately necessary. Furthermore, a Oakdale solicitor have established relationships with local agents and (if the vendor has instructed a local lawyer) with them, which should help keep things moving faster.