I have given 8 weeks notice to my current landlord and have to be out of my let out property in Woodstock by the end of next month. Conveyancing on my purchase has just started. Can I complete in six weeks as I wish to avoid having to move into short term accommodation?
Generally one should not serve notice on a rental unless exchange of contracts has taken place. If you have not previously done so, notify to your lawyer and ask them to they chase the sellers side, try to a target completion date that everyone will aim towards
My lawyer in Woodstock has never been on on the National Westminster Bank Approved Panel. Can I still continue with my family solicitor even though they are not on the National Westminster Bank list of approved lawyers?
The limited options open to you here include:
- Carry on with your existing Woodstock lawyers but National Westminster Bank will need to instruct a conveyancer on their list of acceptable firms. This will inevitably rack up the overall legal fees as well as cause delays.
- Choose an alternative practitioner to act in the conveyancing, obviously checking they are National Westminster Bank approved.
- Try to convince your National Westminster Bank based solicitor to seek to join the National Westminster Bank panel
Is there a list of Coventry BS panel conveyancers in Woodstock on the UK Finance Lenders’ Handbook Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. Very few banks make their panel listings visible over the internet. Where you are seeking to appoint a Woodstock conveyancer on the Coventry BS please make the most of our facility.
We previously selected solicitors based in Woodstock on the Aldermore solicitor panel. They have just invoiced me a supplemental amount for handling the Aldermore mortgage. Is this an additional conveyancing fee set by Aldermore?
Unfortunately, so long as it is in their Terms and Conditions or estimate then yes your conveyancing practitioner can charge a fee for this. This charge is not dictated by Aldermore but by your Woodstock property lawyer. Some firms on the Aldermore panel will quote an ‘acting for lender’ fee and others do not.
Can I be sure that the Woodstock conveyancing solicitor on the HSBC panel is any good?
When it comes to conveyancing in Woodstock getting recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer conducting your conveyancing.
How does conveyancing in Woodstock differ for new build properties?
Most buyers of new build premises in Woodstock contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is completed. This is because developers in Woodstock usually buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Woodstock or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a straight forward, no chain conveyancing. Woodstock is the location of the property. Is there any advice you can give?
Flying freeholds in Woodstock are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Woodstock you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Woodstock may decide 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 residence.
I need to appoint a conveyancing solicitor for freehold conveyancing in Woodstock. I've chance upon a site which appears to be the perfect answer If it is possible to get all the legals completed via email that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?