I have given 2 months notice to my existing landlord and must vacate my let out property in Grimsby by the end of next month. Conveyancing on my purchase is underway. Can I complete in six weeks as don't want to have to move into short term accommodation?
The normal practice is not to provide notice on a rental until you have exchanged. If you have not previously done so, notify to your solicitor and urge them to they seek the assistance the owners side, try to an agreed time frame that all parties will look towards
Do I have to visit the offices of the solicitor to execute the legal charge? If so, I will choose one who does conveyancing in Grimsby so that I can pop in to their offices if necessary.
Most conveyancing panel lawyers for mortgage companies carry out the vast majority of work through the post, internet or over phone calls. This means that they can undertake the legal work for your home move no matter where you live in England or Wales. That being said you can see if you can still book an appointment to visit conveyancing lawyer if needed.
Various online forums that I have visited warn that are a common reason for delay in Grimsby house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays during the legal transfer of property. Local searches are not likely to feature in any slowing down conveyancing in Grimsby.
Are there restrictive covenants that are commonly identified during conveyancing in Grimsby?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Grimsby. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm purchasing a new build house in Grimsby with a loan from Godiva Mortgages Ltd. The sellers refused to budge the price so I negotiated 6k of additionals instead. The sale representative advised me not to tell my conveyancer about this extras as it would impact my loan 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 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.