I have given 2 months notice to my existing landlord and have to vacate my rented property in Seaview by the end of next month. Conveyancing for my house purchase has just started. Can I complete in 5 weeks as I wish to avoid having to move into temporary accommodation?
It is unwise to give notice for your lease until your lawyer suggests that you should. Assuming that you have not previously done so, notify to your lawyer and request that they apply pressure on the other side, try to a target completion date that all parties will look towards
My fiance and I wish to acquire a purpose built apartment in Seaview with a homeloan from Godiva Mortgages Ltd.We use our Seaview conveyancing lawyer but Godiva Mortgages Ltd informed us he's not listed on their "panel". We have to appoint a Godiva Mortgages Ltd panel firm or retain our preferred solicitor and fork out for a Godiva Mortgages Ltd panel lawyer to act for them. This seems very unfair; Can we not simply insist that Godiva Mortgages Ltd use our lawyer?
Unfortunately,no. The loan offered to you contains terms and conditions, a common one being that conveyancers needs to be on the Godiva Mortgages Ltd solicitor panel. Until recently, most banks had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Godiva Mortgages Ltd
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Seaview?
Two types of professional can conduct conveyancing in Seaview namely CLC regulated conveyancers or solicitors. The two can handle conveyancing services that you need to complete the sale or purchase of property. They are both obliged to handle Seaview conveyancing to the same standards and guidelines so you may be safe in the knowledge that your conveyancing will be properly carried out and that the necessary steps will be suitably taken.
We are aiming to move house in June. Will my conveyancing solicitor liaise with the removal company on the completion day. Incidentally, can you put forward a removal company in Seaview. Conveyancing solicitor was chosen before I stumbled across this site.
On the day of completion you can collect the house keys from the estate agent but this can only be done once the previous owners lawyers advise the agent that the monies to complete are in and the keys can be released. You can inform the removal company that they can start moving you in. We do not suggest a specific removal company but can assist you in finding a residential property solicitor in Seaview or a legal practice that specialises in conveyancing in Seaview.
I was told two weeks ago that my mortgage has been agreed to by Nottingham. Is it usual for Nottingham to only issue the offer once my solicitor in Seaview is approved on their conveyancing panel? Nottingham have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Nottingham to deal with your lawyer's application to be on the Nottingham conveyancing panel. There's no guarantee that your solicitor will be accepted.
The deeds to our house are lost. The conveyancers who dealt with the conveyancing in Seaview 5 years ago are no longer around. What do I do?
You no longer need to have the physical deeds to prove you are the registered proprietor of land or premises, as the Land Registry hold details of all registered land or property electronically.
I am looking for a leasehold apartment up to £195,000 and found one round the corner in Seaview I like with open areas and station in the vicinity, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Seaview in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will be an issue. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
I am hoping to sign contracts shortly on a studio apartment in Seaview. Conveyancing solicitors inform me that they are sending me a report next week. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Seaview should include some of the following:
Does the lease prevent you from subletting the flat, or having a home office for business Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? What you can do if another tenant in the building is in violation of a provision in their lease? specifics of the parties to the lease, for instance these could be the (you), head lessor, freeholder The total ownership of the premises. This could be the apartment itself but could also incorporate a attic or cellar if applicable.
Seaview Conveyancing for Leasehold Flats - Sample of Questions you should consider before Purchasing
Does the lease contain onerous restrictions? How much is the annual maintenance fee and ground rent? Who is in charge of the building?