This question may be naive but I am wet behind the ears as a 1st time purchaser of a garden flat in Homerton. Do I receive the keys to the house on the completion date from my lawyer? If this is the case, I will use a local conveyancing solicitor in Homerton?
On the day of completion you will not be required to go to the conveyancers office in Homerton. Conveyancing lawyers for you will transfer the purchase money to the seller's lawyers, and shortly after the monies have arrived, you will be invited to receive the keys from the selling Agents and start moving into the property. This tends to happen between 1 and 3pm.
My stepmother informed me that in purchasing a property in Homerton there could be a number of restrictions preventing external alterations to the property. Is this right?
We are aware of anumerous of properties in Homerton which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Homerton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
After what feels like an age I have had an offer on a flat in Homerton accepted, but there is a chain. The sellers have offered on somewhere, however it’s not been accepted yet, and are looking at other properties booked. I have selected a nearby conveyancing solicitor in Homerton. What should be my next step? When should I get the mortgage application with Clydesdale going?
It is usual to have concerns where there is a chain as you are unlikely to want to incur expenses too early (home loan application is in the region of one thousand pounds, then valuation, Homerton conveyancing search fees, etc). First, you should check that your conveyancer is on the Clydesdale conveyancing panel. Concerning the subsequent stages this very much dictated by the specifics of your transaction, attraction to the property and on the state of the market. In a buoyant market the majority of buyers will apply for the mortgage with Clydesdale and pay for the valuation and only if it comes back ok would they pay their lawyer to press on with searches.
I am buying my first flat in Homerton with a loan from Chelsea Building Society. The builders refused to move on the price so I negotiated five thousand pounds worth of extras instead. The house builders rep advised me not to tell my lawyer about the side-deal as it will affect my loan with Chelsea Building Society. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Is it possible to swap conveyancer as I need to find a firm on the Virgin Money conveyancing list. I instructed a family conveyancing solicitor in Homerton five minutes from me but she is not approved by Virgin Money
It would be our pleasure to help you find a conveyancing solicitor in Homerton on the Virgin Money panel. Please note that the property lawyers that we on the directory do not pay us fee if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Homerton. In making use of the find a conveyancing solicitor tool on this site, you can scrutinise charges for conveyancing solicitors in Homerton and throughout England and Wales.
We're first time buyers - had an offer accepted, yet the selling agent told us that the owners will only issue a contract if we use the agent's recommended lawyers as they want a ‘quick sale’. We would rather use a local solicitor with experience of conveyancing in Homerton
We suspect that the seller is unaware of this ultimatum. Should the vendor desire ‘a quick sale', alienating a serious purchaser is likely to cause more damage than good. Try to communicate with the owners directly and make sure they understand (a)you are serious purchasers (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you wish to move quickly (e)however you will continue to instruct your own,trusted Homerton conveyancing firm - rather thanthe ones that will give their estate agent a introducer fee or hit his conveyancing thresholds demanded by senior management.
As a tenant I am liable for a maintenance contribution for my ground floor flat in Homerton. As a result of poor financial planning I fell into arrears with remittance. I negotiated a settlement plan but there remains two currently outstanding.
I am under pressure to sell and I am nervous that this will hold me back if I have to settle the arrears first. I'd like to sell up and subsequently discharge the arrears from the proceeds - is this possible?
The lawyer dealing with your Homerton sale will hopefully be in a position to negotiate with the management company, and agree with them whether or not they would accept payment out of the completion monies. Here is indicative of why it is advisable to select a conveyancing practitioner in Homerton as they are likely to have an open line of communication with the management company.