I have given 8 weeks notice to my existing landlord and must vacate my rented property in Yeovil by 22/5/2026. Conveyancing on my purchase is underway. Can I complete in 4 weeks as don't want to have to find temporary accommodation?
It is unwise to give notice for your lease unless exchange of contracts has taken place. If you have not previously done so, update to your solicitor and ask them to they apply pressure on the other solicitors, try to get a realistic time scale from them that all parties will look to achieve
My apartment in Yeovil is up for sale and I have accepted an offer. Does the solicitor need to be required to be on the RBS conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the RBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.
I'm buying my first flat in Yeovil benefiting from help to buy. The sellers refused to move on the amount so I negotiated £7000 of extras instead. The estate agent suggested that I not inform my conveyancer about the side-deal as it may impact my loan with the lender. Is this normal?.
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.
I decided to have a survey carried out on a property in Yeovil before retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies may refuse to give a mortgage on such a house.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. Should you wish to call us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Yeovil. Conveyancing will be smoother if you use a solicitor in Yeovil especially if they are accustomed to such properties in Yeovil.
How do I use the search tool to get a quote from a conveyancing practitioner in Yeovil on the panel for my lender?
Step one is to select a bank such as Lloyds TSB Bank, Skipton Building Society or TSB then choose your location such as Yeovil. Conveyancing firms in Yeovil and nationally should be listed.
My father-in-law has suggested that I use his conveyancers in Yeovil. Should I use them?
Much as we are happy to recommend a Yeovil conveyancing lawyer the ideal way to find a conveyancing solicitor is to have referrals from friends or family who have actually previously instructed the firm that you are contemplating using.