I have given 8 weeks notice to my current landlord and have to vacate my let out flat in Cullompton by the end of next month. Conveyancing on my purchase has just started. Can I complete in a couple of weeks as I wish to avoid having to find temporary accommodation?
It is unwise to serve notice for your tenancy unless your lawyer suggests that you should. If you have not already done so, contact to your lawyer and ask them to they seek the assistance the other side, try to an agreed time frame that everyone will look towards
My wife and I have recently appointed a conveyancing solicitor in Cullompton. I I am struggling to find out if they are accepted on the Accord Mortgages Ltd conveyancing panel. Could you or the lender confirm if they are on the panel?
You should e-mail the conveyancer and enquire whether they can act for the bank. Alternatively you can call Accord Mortgages Ltd who may be able to confirm.
Is it the case that all Cullompton CQS (Conveyancing Quality Scheme) solicitors are on the Skipton conveyancing list of approved firms?
A selection of banks and building societies now make use of the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
After shopping around on the internet I have found a Cullompton property lawyer having checked that they are on the Virgin Money conveyancing panel. Does my lawyer arrange the survey of the property?
Virgin Money will need an independent valuation of the property. Your lawyer will not arrange this. Usually Virgin Money will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Cullompton surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
At last I have had an offer on an apartment in Cullompton agreed to, the owners do nevertheless have a tied purchase. The vendors have placed an offer on somewhere, however it’s not yet tied up, and are looking at other flats booked. I have chosen a high street conveyancing solicitor in Cullompton. What should be my next step? At what point do I apply for the mortgage with TSB?
It is understandable to have anxieties where there is a chain as you are unlikely to want to incur expenses too early (home loan application is approx £1k, then survey, Cullompton conveyancing search charges, etc). First, you must ensure that your conveyancer is on the TSB approved list. Regarding the subsequent steps this very much dictated by the specifics of your transaction, attraction to this property and on the state of the market. During a hot market many purchasers will apply for a home loan with TSB and arrange for the valuation and only if it comes back ok would they request their conveyancing practitioner to move forward with searches.
It has been 4 months since my purchase conveyancing in Cullompton took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. 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 property 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.
Due to the guidance of my in-laws I had a survey completed on a property in Cullompton in advance of appointing solicitors. I have been advised that there is a flying freehold element to the property. Our surveyor advised that some mortgage companies may refuse to give a mortgage on a flying freehold property.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to call us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Cullompton. Conveyancing will be smoother if you use a solicitor in Cullompton especially if they are accustomed to such properties in Cullompton.