Willinstructing a Hampton Hill conveyancing lawyer make the legal process smoother?
Hampton Hill is a unique place, where local experience is a significant benefit. The relaxed pace of life is great – but not for your home move. The conveyancers that we work with providing vast Hampton Hill know how with a positive, hands-onapproach that ensures the conveyancing to progress actively engaging with all parties thus reducing the scope for delays. It is a definite plus that they enjoy established rapport with mortgage brokers, local authorities, valuers and counterpart Hampton Hill conveyancing solicitors
My wife and I are buying a flat in Hampton Hill. It might be a silly question but how we can trust a solicitor? At some point we have to send money into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We previously instructed solicitors located in Hampton Hill on the TSB solicitor approved list. They are now charging me a supplemental charge for dealing with the TSB mortgage. Is this a supplemental conveyancing fee specified by TSB?
As unfair as it may appear, as long as it’s in their Terms and Conditions or estimate then yes your conveyancing practitioner can charge a fee for this. This charge is not set by TSB but by your Hampton Hill conveyancer. Some firms on the TSB panel will levy ’dealing with mortgage’ fee but some practices incorporate it on their overall fee.
It is unclear whether my bank requires a lease extension. I have telephoned my Hampton Hill building society branch on a couple of occasions and was reassured it wasn't a problem and they would lend. My Hampton Hill conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned and was told they will not lend in accordance with their specific requirements. I simply don't know who is right.
The property lawyer must comply with the CML Handbook Part 2 requirements for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
A colleague recommended that where I am buying in Hampton Hill I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally included in the estimate for your Hampton Hill conveyancing searches. It is not a small document of more than thirty pages, listing and setting out important information about Hampton Hill around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data concerning Hampton Hill.
How does conveyancing in Hampton Hill differ for newly converted properties?
Most buyers of new build property in Hampton Hill approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Hampton Hill typically purchase the site, 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 property lawyers 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 Hampton Hill or who has acted in the same development.
I'm remortgaging my current home to a BTL mortgage with Norwich and Peterborough Building Society and I will use the rest of the raised equity as a down payment on a second property. The neighborhood we are interested in is Hampton Hill. Will your conveyancers be able to act for both sets of mortgage companies and tie in the conveyances?
Make use of our search tool on this page to check that the lawyers are approved by both lenders. On the basis that they are the lawyer should be able to tie up the two conveyancing matters but you should have a chat with you solicitor and make apparent your expectations and requirements.