I plan on acquiring property in Acocks Green. My lawyer is not on the lender conveyancing list. Am I still permitted to appoint my Acocks Green conveyancing solicitor even though they are not on the lender list of approved lawyers?
Various options include
- Proceed with your chosen Acocks Green property lawyer but your lender will undoubtedly use a conveyancer from their approved panel. The net result is additional fees together with likely frustration.
- Get a fresh conveyancing practitioner to act in the purchase, making sure they are on the lender conveyancing panel.
- Convince your conveyancer to do everything within their powers to get accepted on the lender’s conveyancing panel
I have given 8 weeks notice to my existing landlord and have to be out of my rented apartment in Acocks Green by 9/1/2025. Conveyancing for my house purchase has just started. Is it possible to complete in 4 weeks as I wish to avoid having to find short term accommodation?
It is unwise to serve notice on a rental until you have exchanged. If you have not previously done so, speak to your conveyancer and request that they cajole the other solicitors, try to an acceptable time-line that everyone will work towards
Should lawyers request money on account for my conveyancing in Acocks Green?
Where you are retaining lawyers for conveyancing in Acocks Green your lawyer will ask you to provide them with monies to cover the the cost of the conveyancing searches. Generally this is called for to cover the fees of the Local Authority Search. If any down payment is as part of the sale price then this should be required immediately ahead of exchange of contracts. The closing balance that is needed should be transferred shortly before completion.
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Is the implication that I have to instruct their panel conveyancer as I would prefer to instruct a Acocks Green based conveyancing firm?
You should check but the the probability is that appoint one of their panel conveyancers should you take up the "fee-free" offer. Call the mortgage company and see if they offer you a cash alternative. Some lenders have previously offered a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in Acocks Green.
I am looking for a ground for flat up to £305k and identified one near me in Acocks Green I like with open areas and railway links nearby, however it's only got 49 years unexpired on the lease. There is not much else in Acocks Green suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage that many years will be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
I need to swap lawyers as my Acocks Green lawyer is not on the lender's panel of conveyancing solicitors. Is it advisable to appoint a new law firm?
If you haven't yet instructed a conveyancer to commence the conveyancing and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Acocks Green that you're considering.