I have given 8 weeks notice to my current landlord and have to vacate my let out apartment in Hook by the end of next month. Conveyancing for my house purchase is underway. Is it possible to complete in six weeks as don't want to have to find short term accommodation?
Generally one should not provide notice on a rental until exchange of contracts has taken place. If you have not previously done so, notify to your lawyer and request that they cajole the other solicitors, try to an acceptable time-line that all parties will work towards
Why do I have to pay up front for my conveyancing in Hook?
Where you are retaining lawyers for conveyancing in Hook your solicitor will ask you put them with funds to cover the search fees. This will be the total of the cost of the conveyancing searches. If any deposit is as part of the purchase price then this should be needed immediately before exchange of contracts. The closing balance that is due should be transferred shortly before completion.
I am purchasing a 4 bedroom semi-detached house in Hook. We would like to an extension at the rear at the house.Will legal due diligence on the property include checks to ascertain if these alterations are permitted?
Your property lawyer should review the deeds as conveyancing in Hook will occasionally identify restrictions in the title deeds which restrict categories of changes or require the consent of another owner. Many works require local authority planning consent and approval in accordance building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these things with a surveyor ahead of any purchase.
My partner and I are at the point of viewing houses in Hook and I am now considering a potential offer. Is it advisable to have a solicitor on ‘stand by’? I will be getting a mortgage with Clydesdale.
It would be wise to start 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 forward their contact information on to the selling agent. Given that you are taking out a mortgage with Clydesdale, ask your prospective lawyers if they are on the Clydesdale conveyancing panel otherwise they can't do the mortgage legal work.
I am currently in the process of buying my council flat in Hook. I have a mortgage offer with Clydesdale. Conveyancing is not something I have any knowledge of. 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 Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
I have todaybeen informed that Stirling Law have been shut down. They conducted my conveyancing in Hook for a purchase of a leasehold flat 10 months ago. How can I be sure that my home is in my name in the name of the previous owner?
The quickest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hook conveyancing specialists.
I'm buying my first flat in Hook benefiting from help to buy. The sellers refused to budge the price so I negotiated £7000 of additionals instead. The house builders rep suggested that I not to tell my conveyancer about this extras as it would affect 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.
Due to the guidance of my in-laws I had a survey completed on a property in Hook prior to instructing conveyancers. I have been advised that there is a flying freehold element to the property. My surveyor advised that some mortgage companies tend refuse to issue a mortgage on such a home.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. Should you wish to telephone us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hook. Conveyancing may be slightly more expensive based on your lender's requirements.