I have given 8 weeks notice to my current landlord and must be out of my let out apartment in Boldon by 15/12/2025. Conveyancing for my house purchase has just started. Is it possible to complete in 4 weeks as don't want to have to move into short term accommodation?
It is unwise to give notice for your lease until you have exchanged. If you have not previously done so, notify to your solicitor and request that they apply pressure on the owners lawyers, try to get a realistic time scale from them that everyone will look to achieve
We're in Boldon, FTBs buying with a mortgage (lender is Virgin Money , and our lawyer is on the Virgin Money conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Virgin Money conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I have decided to exercise my right to buy my property in Boldon off the council. I have a mortgage agreed with Bank of Ireland. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Bank of Ireland, you will need to appoint a solicitor on the Bank of Ireland conveyancing panel.
About to purchase flat in Boldon. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Boldon property lawyer is on the Nationwide conveyancing panel.
After shopping around on the internet I have found a Boldon solicitor having made sure that they are on the Yorkshire BS conveyancing panel. Does my lawyer arrange the survey of the property?
Yorkshire BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Yorkshire BS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Boldon surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I'm remortgaging my current house to a BTL mortgage with Yorkshire Building Society and I will use the rest of the raised equity as a deposit on another property. The neighborhood we are interested in is Boldon. Will your lawyers be able to act for both sets of lenders and tie in the conveyances?
Make use of our search tool on this site to ensure that the lawyers are approved by both mortgage companies. On the basis that they are the conveyancer should be able to tie up the two deals but you should talk with you conveyancer and make apparent your desired outcome and requirements.
As co-executor for the will of my grandfather I am disposing of a house in Monmouth but I am based in Boldon. My solicitor (based 235 kilometers awayrequires that I sign a statutory declaration ahead of completion. Could you suggest a conveyancing solicitor in Boldon to witness and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are Boldon based
We are planning to purchase a three room ground floor flatin Boldon with a home loan from a lender. We like our lawyer in Boldon however our mortgage company says he's not listed on their "panel". Apparently we need to choose one of the our lender panel solicitors or keep our Boldon conveyancer and incur the extra fees for one of their panel ones to represent our lender. This seems very unfair; is there anything we can do?
Unfortunately,no. The mortgage company home loan offered to you is subject to conditions, one of which will be that solicitors will on the bank's conveyancing panel. Until recently, most lenders had open panels, including almost all conveyancing solicitors in Boldon : a mortgagee 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. A further alternative is for your lawyer to apply to be on the conveyancing panel for your lender.