I have given 8 weeks notice to my current landlord and have to vacate my rented apartment in Southwick by the end of next month. Conveyancing on my purchase is progressing. Is it possible to complete in three weeks as I wish to avoid having to move into short term accommodation?
Generally one should not serve notice on a rental until you have exchanged. Assuming that you have not already done so, contact to your conveyancer and request that they cajole the sellers lawyers, try to a target completion date that everyone will work to achieve
We note that you have a post code search directory listing solicitors on the UBS conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Southwick?
We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Southwick.
We wanted to use a conveyancing solicitor in Southwick for our house move. Our financial adviser informed us that our mortgage lenders Halifax won't deal with them. Why is this not regarded as unduly restrictive?
A decade ago most lenders had a different appetite for risk. Almost all Southwick conveyancing firms would have been on many mortgage company panels. The Financial Services Authority in 2010 carried out a thematic review into mortgage fraud which come to the conclusion: know the conveyancing solicitors dealt with. Consequently, lenders are increasingly seeing more information from law firms regarding their operations and the individuals who work for them as well as establishing certain criteria such a completing on a minimum volume of transactions. Many Southwick conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Southwick is amongst the numerous locations where the solicitors showing on our search results are on the panel for Halifax.
I am planning to move property in February. Will my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you suggest a removal company in Southwick. Conveyancing firm was organised prior to coming across this website.
On the day of completion you can collect the keys from your selling agent but this can only occur once the sellers solicitors inform the agent that they acknowledge receipt of the completion payment and the keys can be given over. After that you will need to tell the removal men that you are ready to move in. As a matter of policy we do not suggest a specific removal organisation but can assist you in locating a residential property solicitor in Southwick or a solicitor with expertise in conveyancing in Southwick.
I have been advised by my lawyer that lack of planning permission insurance is required on my purchase. What is the level of cover for Southwick conveyancing?
The appropriate level of lack of planning permission indemnity insurance should be dictated by who who your lender is. It would differ for example between Santander and Virgin Money. Conveyancing solicitors as opposed to members of the public take out such policies.
We previously instructed solicitors with offices in Southwick on the Clydesdale solicitor approved list. They are now charging me a separate charge for the legal aspects of the Clydesdale mortgage. Is this a supplemental conveyancing fee specified by Clydesdale?
Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your conveyancing practitioner can charge a fee for this. The charge is not dictated by Clydesdale but by your Southwick conveyancing practitioner. Plenty of firms on the Clydesdale panel will charge an ‘acting for lender’ fee and others do not.
Me and my brother own a terraced Edwardian property in Southwick. Conveyancing practitioner acted for me and HSBC Bank. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Southwick and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with the conveyancing solicitor who carried out the work.
Why can I not complete my conveyancing in Southwick on Good Friday?
This is due to the fact that on completion the funds will pass between the banks of the buyer and owner’s property lawyer and at present this can only take place on a business day. It is not possible to complete on a weekend either.