I have given 8 weeks notice to my current landlord and have to vacate my rented flat in Bewdley by the end of next month. Conveyancing for my house purchase is underway. How realistic is it to complete in 5 weeks as don't want to have to move into short term accommodation?
It is unwise to provide notice for your lease unless your lawyer suggests that you should. Assuming that you have not previously done so, update to your lawyer and ask them to they cajole the owners lawyers, try to get a realistic time scale from them that everyone will aim towards
I am aiming to move home in April. Does my conveyancing solicitor communicate with the removal company on the day of completion. Incidentally, can you suggest a removal company in Bewdley. Conveyancing lawyer was chosen prior to coming across your page.
On the afternoon of completion you will need to collect the keys from your property agent but this should only take place once the sellers conveyancers advise the agent that they have the completion monies and the keys can be collected. You will need to inform the removal company that they can start moving you in. As a matter of policy we do not recommend a specific removal company but can help you choose a residential property solicitor in Bewdley or a firm with expertise in conveyancing in Bewdley.
I'm at the point of viewing flats in Bewdley and I am about to put in an offer. Is it premature to have a solicitor in place? I will be getting a home loan with TSB.
It would be advisable to instigate your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the EA. As you are taking out a mortgage with TSB, make sure you remember to check that your lawyer is on the TSB conveyancing panel.
I have a mortgage with Aldermore for my property in Bewdley. Conveyancing has been completed 12 months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Aldermore?
Aldermore must be informed of your intention before renting your property as this is likely to be a breach of Aldermore’s mortgage conditions. It may be that Aldermore will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Aldermore directly. It should not be necessary to do this via a Aldermore conveyancing panel firm.
I used Action Conveyancing several years past for my conveyancing in Bewdley. I now require my papers however the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bewdley of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying my first flat in Bewdley with the aid of help to buy. The developers would not move on the amount so I negotiated £7000 of extras instead. The estate agent told me not disclose to my solicitor about this deal as it will impact my loan with the lender. Do I keep my lawyer in the dark?.
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.
Should I go with a Bewdley conveyancing solicitor in close proximity to the house I am buying? We have a good friend who can perform the conveyancing however her office is over three hundred kilometers away.
The benefit of a high street Bewdley conveyancing firm is that you can visit the firm to sign paperwork, present your ID and pester them where appropriate. They will also have local intelligence which is a plus. That being said it's more important to get someone that will pull out all the stops for you. If you know people who instructed your friend and they were content that should outweigh using an unfamiliar Bewdley conveyancing lawyer solely due to them being based in the area.
20 days into buying a property in Bewdley. Conveyancing lawyer has called to say the title is "Leasehold". Will this likely make a difference on the marketability of the house?
Bewdley conveyancing does not in most situations involve leasehold houses. The key factor here is the length of lease and the ground rent. If it's 999 years with a nominal rent, it's almost the same as freehold, so it shouldn't impact the marketability too much.
At the other extreme, if it's, say, Sixty years it is bound to have a significant impact on the value, and probably wouldn't be mortgageable. The remaining lease term and ground rent will be stated in the lease to be supplied to your property lawyer.