Recently contacted my conveyancing solicitor in Hedon who completed the legal work 18 months ago asking for a conveyancing costs illustration based on the same type of home move (a leasehold property and a freehold premises) of similar values with a mortgage from Halifax. I am now being quoted double. Should I look for a cheaper internet firm of conveyancing solicitor?
The costs illustration is slightly on the steep side. Where you are prepared to invest time scrutinising quotes you could shave off some of the cost by say £125. That being said, if you were happy with the service the firm gave you maylive to regret choosing an an untested lawyer. Remember to check that the firm can represent Halifax. Do make use of our search tool to select a Hedon conveyancing firm on the Halifax member panel, which can often include conveyancing solicitors in Hedon.
My wife and I are purchasing a apartment in Hedon. It might be a silly question but how we can trust a solicitor? At some point we will need to put money into their account. What is the protection we have from them run away with our deposit?
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.
When it comes to mortgage companies such as UBS, do Hedon solicitors face a yearly amount to be on the conveyancing panel?
We are unaware of any bank fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
I had a mortgage agreed in principle with Virgin Money. Hedon conveyancing lawyers are chosen. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
There is no definitive answer here. Have Virgin Money completed the valuation? Have you advised Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a property in Hedon? or Apparently there is historic law that means some owners of property residing in a parish church boundary will be compelled to contribute towards maintenance to the chancel in proximity to the church. Is this appropriate for conveyancing in Hedon?
Unless a prior acquisition of the premises completed post 12 October 2013 you could assume that conveyancing practitioners handling conveyancing in Hedon to remain recommending a chancel search and or insurance against a claim.
I'm purchasing a new build house in Hedon with a mortgage from Bank of Scotland. The sellers would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The property agent told me not reveal to my solicitor about the extras as it could impact my loan with the bank. Should I keep quiet?.
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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what should have been a straight forward, no chain conveyancing. Hedon is where the house is located. Is there any guidance you can give?
Flying freeholds in Hedon are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hedon you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hedon may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.