I have given 8 weeks notice to my current landlord and have to vacate my rented property in Dinnington by the end of next month. Conveyancing for my house purchase has just started. How realistic is it to complete in 5 weeks as I wish to avoid having to move into short term accommodation?
Generally one should not serve notice for your letting until exchange of contracts has taken place. Assuming that you have not already done so, speak to your conveyancer and request that they chase the sellers lawyers, try to an acceptable time-line that all parties will aim towards
It is 10 years ago since I purchased my home in Dinnington. Conveyancing lawyers have just been appointed on the sale but I am unable to track down my deeds. Will this jeopardise the sale?
You need not be too concerned. First the deeds may be kept by your mortgage company or they may be in the possession of the solicitor who handled the purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. Most conveyancing in Dinnington involves registered property but in the rare situation where your home is unregistered it adds to the complexity but is resolvable.
I am considering applying for a Nationwide mortgage for purchase of a newly converted (under development) in Dinnington with 70% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Nationwide ?
There is nothing to stop you using your solicitor, but Nationwide will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
We are purchasing a house in Dinnington. It might be a silly question but how we can trust a lawyer? On completion day we have to deposit money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I can not work out if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Dinnington building society branch on a couple of occasions and was reassured it wasn't an issue and they will lend. My Dinnington conveyancing solicitor - who is on the lender conveyancing panel- called to say that they would not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Provided that the solicitor is on the bank approved list, they must adhere to the Council of Mortgage Lenders’ Handbook specifications for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I am due to exchange contracts on my house. I had a double glazing fitted in March 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Nottingham are being pedantic. The Dinnington solicitor who is on the Nottingham conveyancing panel is recommending indemnity insurance as a solution but Nottingham are insisting on a building regulation certificate. Why do Nottingham have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nottingham have referred the matter to their valuer. The reason why Nottingham may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
My husband and I are new on the property ladder - had an offer accepted, yet the estate agent has warned us that the seller will only issue a contract if we instruct their preferred lawyers as they need a ‘quick sale’. Our preferred option is to instruct a high street solicitor who is accustomed to conveyancing in Dinnington
It is unlikely the vendors are driving this. Should the seller want ‘a quick sale', alienating a genuine purchaser is likely to cause more damage than good. Speak to the vendors direct and make the point that (a)you are motivated buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)however you intend to instruct your preferred Dinnington conveyancing solicitors - not the ones that will provide the negotiator at the agency a introducer fee or achieve conveyancing targets demanded by HQ.
I purchased a flat in Dinnington last 15/12/2023 and to date it is still not recorded with the Land Registry. It was part of a new estate and my lawyer told me that it may take twelve months to complete the registration formalities. I have called HM Land Registry directly and they say that the initial application was cancelled due to failure to reply to requisitions. Should I be concerned?
It is your lawyer that you should get in touch with in order to satisfy any issues which have arisen as part of the registration formalities for your Dinnington property. Normal Dinnington conveyancing practice includes an undertaking on the part of the seller's conveyancer that they will help resolve any requisition raised by HMLR so it may be a case of taking action to enforce that undertaking if necessary.