I have given 2 months notice to my existing landlord and must leave my rented apartment in Upper Norwood by 3/9/2026. Conveyancing for my house purchase has just started. Is it possible to complete in 5 weeks as don't want to have to find temporary accommodation?
The normal practice is not to serve notice for your lease until exchange of contracts has taken place. Assuming that you have not previously done so, contact to your solicitor and ask them to they chase the other solicitors, try to get a realistic time scale from them that all parties will aim to achieve
What does my ID and proof of funds have anything to do with my conveyancing in Upper Norwood? Is this really warranted?
You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Upper Norwood. However these days you can not proceed with any conveyancing transaction without first submitting proof of your identity. This usually takes the form of a either your passport or driving licence as well as a utility bill. Remember if you are supplying your driving licence as proof of identification it needs to be both the paper section as well as the photo card part, one is not sufficient without the other.
Proof of the source of monies is necessary in accordance with the Money Laundering Regulations. Don’t be offended when when this is requested of you as your conveyancer will need to have this information on record. Your Upper Norwood conveyancing practitioner will require evidence of proof of funds prior to accepting any money from you into their client account and they will also ask further questions concerning the source of funds.
Do I have to pop into the offices of the solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in Upper Norwood so that I can attend their offices if required.
Most approved lawyers for lenders carry out the vast majority of work via Royal Mail, internet or over the phone. This means that they can undertake the legal work for your home move no matter where you live in the country. Nevertheless you can check if you can still book an appointment to visit conveyancing lawyer if needed.
Are all Upper Norwood Conveyancing Quality Solicitors on the Clydesdale conveyancing list of approved practices?
It is true that some banks and building societies now make use of the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of firms.
We previously selected conveyancing lawyers based in Upper Norwood on the Yorkshire BS solicitor panel. They are now charging me an additional sum for the legal aspects of the Yorkshire BS mortgage. Is this an additional conveyancing fee set by Yorkshire BS?
As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your lawyer can charge a fee for this. The charge is not set by Yorkshire BS but by your Upper Norwood property lawyer. Numerous firms on the Yorkshire BS panel will quote an ‘acting for lender’ fee and others do not.
My wife and I are in the process of looking at apartments in Upper Norwood and I am now considering a potential offer. Should I already have a conveyancing practitioner appointed at this stage? I am planning to take a home loan with Santander.
You should start requesting conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. Given that you are taking out a mortgage with Santander, make sure you remember to check that your lawyer is on the Santander conveyancing panel.
I'm buying my first flat in Upper Norwood benefiting from help to buy. The sellers would not move on the price so I negotiated five thousand pounds worth of extras instead. The property agent suggested that I not inform my solicitor about this side-deal as it will jeopardize my loan with Nottingham Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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 advice of my in-laws I had a survey completed on a house in Upper Norwood in advance of instructing solicitors. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies tend refuse to grant a loan on this type of home.
It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Upper Norwood. Conveyancing will be smoother if you use a solicitor in Upper Norwood especially if they are familiar with such properties in Upper Norwood.