I have given 8 weeks notice to my existing landlord and have to leave my rented flat in Perivale by the end of next month. Conveyancing on my purchase is underway. How realistic is it to complete in six weeks as don't want to have to find temporary accommodation?
Generally one should not provide notice for your lease until you have exchanged. If you have not already done so, speak to your lawyer and urge them to they seek the assistance the other solicitors, try to get a realistic time scale from them that all parties will work towards
I am expecting a OIP from UBS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do UBS recommend any Perivale solicitors on the UBS conveyancing panel, or is it better to go independently?
You will need to appoint Perivale solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
I recently had an offer accepted on an apartment in Perivale. My financial adviser suggested a solicitor. I paid an advanced payment of £150. A few days later, the solicitor contacted me to say that they were not on the Lloyds conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Lloyds panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
My offer on a detached house in Perivale has been agreed to, the sellers do nevertheless have a connected purchase. The owners have placed an offer on a flat, but it’s not yet agreed to, and have viewings of other apartments booked. I have instructed a bricks and mortar conveyancing solicitor in Perivale. What should be my next step? When do I get the mortgage application with Bank of Ireland going?
It is understandable to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is approx £1k, then survey, Perivale conveyancing search costs, etc). First, you must check that your conveyancer is on the Bank of Ireland approved list. Regarding the next steps this very much dictated by the uniqueness of your transaction, desire for this property and on the state of the market. In a hot market many purchasers would apply for the mortgage with Bank of Ireland and pay for the valuation and only if it comes back ok would they request their conveyancing practitioner to press on with the conveyancing in Perivale.
I am purchasing a new build house in Perivale with a mortgage from Britannia. The developers refused to reduce the amount so I negotiated £7000 of additionals instead. The sale representative advised me not disclose to my solicitor about this extras as it may affect my loan with the bank. 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've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a straight forward, no chain conveyancing. Perivale is the location of the property. Is there any advice you can give?
Flying freeholds in Perivale are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Perivale you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Perivale 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 property.
I am looking into buying my first house which is in Perivale and I am already nervous. I couldn't find anything specific about Perivale. Conveyancing will be needed in due course but do you know about the Perivale area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Perivale. In the meantime here are some basic statistics that we found
My fiance is buying a ground floor flat in Perivale. He has received a fee estimate by the solicitor recommended by the estate agents totaling £1385 . It was seven years ago I sold and bought a home and it cost was £450. Have costs really gone up that much?
We would recommend that you contact two or three local Perivale conveyancing solicitors requesting estimates. It is advisable to base your selection not just on cost, but on promptness and on how comprehensive the reply is.