I have given 8 weeks notice to my existing landlord and have to vacate my let out property in Stowmarket by the end of next month. Conveyancing on my purchase is underway. Can I complete in three weeks as I wish to avoid having to find short term accommodation?
It is unwise to serve notice for your letting unless you have exchanged. If you have not previously done so, notify to your lawyer and urge them to they apply pressure on the owners side, try to a target completion date that all parties will aim to achieve
I am buying a semi-detached house in Stowmarket. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Stowmarket you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Stowmarket.
three months have gone by following my purchase conveyancing in Stowmarket concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I was pointed in your direction by two or three local selling agents in Stowmarket to choose a property lawyer using your seach tool. Is there a financial advantage for Estate Agents to offer your site ahead of another?
We refuse to offer any commission for sending work to this site. We found it would be just too difficult to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I need to appoint a conveyancing solicitor for freehold conveyancing in Stowmarket. I have chance upon a web site which appears to be the ideal answer If there is a chance to get all this stuff done via email that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
My conveyancers in Stowmarket have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with the lender. Is it case that being on the lender conveyancing panel they need to have retained the file for a prescribed period?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the bank directly.