I have given 8 weeks notice to my current landlord and must vacate my let out property in Waterloo by 4/12/2026. Conveyancing on my purchase has just started. Is it possible to complete in six weeks as I wish to avoid having to find temporary accommodation?
The normal practice is not to serve notice for your letting unless your lawyer suggests that you should. Assuming that you have not previously done so, update to your conveyancer and request that they apply pressure on the other lawyers, try to an agreed time frame that everyone will aim to achieve
Having sold my house in Waterloo last June yet the purchaser is SMS messaging me complaining that her solicitor is waiting to hear from mine. What should have happened now that I have sold?
Post completion of your sale your conveyancer is committed to forward the transfer documentation and all supplemental paperwork to the purchaser's lawyers. If applicable, your lawyer should also confirm that the legal charge in favour of the lender has been discharged to the buyers conveyancers. There is unlikely to be post completion requirements just for conveyancing in Waterloo.
Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will choose one who does conveyancing in Waterloo so that I can attend their offices if required.
Nowadays approved lawyers for banks conduct all of the work through the post, internet or over phone calls. This enables them to conduct the legal work for your home move no matter where you live in England or Wales. That being said you should check if you have the option of visiting the offices of your conveyancing lawyer if needed.
My stepmother advised me that in buying a property in Waterloo there may be various restrictions as to what one can do in terms of external changes to the property. Is this right?
There are a number of properties in Waterloo which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Waterloo should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are getting a further advance on our mortgage from UBS as we want to carry out a loft conversion to our property in Waterloo. Are we obliged to choose a local Waterloo solicitor on the UBS conveyancing panel to handle the paperwork?
UBS would not normally instruct a member of their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the UBS panel.
I can not fathom if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Waterloo building society branch on a couple of occasions and was told it does not impact the mortgage offer and they will lend. My Waterloo conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they refuse to lend based on their specific requirements. Who do I believe?
The conveyancer has to comply with the CML Handbook Part 2 provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company 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 mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
I am purchasing a new build house in Waterloo benefiting from help to buy. The sellers would not reduce the price so I negotiated five thousand pounds worth of extras instead. The property agent suggested that I not inform my lawyer about the side-deal as it will jeopardize my mortgage with the lender. 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 UK Finance website. UK Finance 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.
My uncle has encouraged me to appoint his lawyers for conveyancing in Waterloo. Do I take his guidance?
No doubt it’s preferable to find a conveyancing practitioner is to have feedback from friends or relatives who have previously instructed the solicitor that you are considering.