At what point will exchange of contracts take place for sale conveyancing in Fishponds and am I required to attend the solicitors office?
Where you are round the corner to our conveyancing solicitors in Fishponds you are invited in to sign contracts. However, the law practices we work with supply a nationwide conveyancing service and give just as diligent and professional a job for you when communicating with you by post or email. The executing of the contract is not the point of no return. Signing on the dotted line simply enables the conveyancer to exchange contracts when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Fishponds)to be in the office available at the end of the phone to exchange contracts.
My grandmother passed away six months ago and as sole heir and executor I was left the house in Fishponds. The house had a relatively small loan left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to HSBC, pay off the mortgage. Is this possible?
Where you plan to refinance then HSBC will require that you use a conveyancer on the HSBC conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your HSBC conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the HSBC mortgage is registered as a charge at the Land Registry.
How does conveyancing in Fishponds differ for new build properties?
Most buyers of new build or newly converted property in Fishponds come to us having been asked by the seller to sign contracts and commit to the purchase even before the premises is constructed. This is because house builders in Fishponds usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Fishponds or who has acted in the same development.
My business partner and I are looking to lease a unit on the high street. Can you recommend conveyancers offering competitive costs for non-domestic conveyancing in Fishponds for less than 2k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Fishponds, including the disposal and purchase of businesses as well as simply premises. Whether you are looking to acquire or sell a shop, pub, restaurant, office, retail unit or a whole business we can find you the right solicitor. Regarding the costs these will vary based on the structure and complexity of the proposed transaction. Let us have your details or telephone us so that we can provide you with a detailed commercial conveyancing calculation.
I am purchasing a house with all finances in place. I have provided lawyer with two distinct proof of photographic ID, bank statement, endless utility bills. Now he wants a copy from a probate lawyer advising that the funds are in place and that it has come from inheritance and not selling fake DVD.
In today’s world you will not be able to complete any Fishponds conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Establishing of your source of funds is required under Money Laundering Regulations.