Can I use your services to locate a Conveyancing solicitor in Hinckley even where I’m not purchasing or disposing of a house, for example where I wish to acquire a shop in Hinckley with a loan from Yorkshire Building Society?
Our search tool is predominantly used to locate residential conveyancing solicitors in Hinckley but we have recorded at the end of this page a selection of Hinckley commercial conveyancing firms. You will need to speak with the solicitors directly to establish if they are also authorised to represent Yorkshire Building Society
My uncle passed away six months ago and as sole heir and executor I was left the property in Hinckley. The house had a relatively small loan left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Principality, pay off the mortgage. Is this allowed?
If you intend to re-mortgage then Principality will insist on your using a conveyancer on the Principality 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 Principality 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 Principality mortgage is registered as a charge at the Land Registry.
How does conveyancing in Hinckley differ for newly converted properties?
Most buyers of new build premises in Hinckley approach us having been asked by the developer to sign contracts and commit to the purchase even before the property is ready to move into. This is because developers in Hinckley typically purchase the real estate, 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 used to new build conveyancing in Hinckley or who has acted in the same development.
Should I appoint a Hinckley conveyancing lawyer who is local to the property I am buying? An old friend can execute the legal work but his firm is located approximately 350miles drive away.
The benefit of a local Hinckley conveyancing practice is that you can visit the firm to execute paperwork, hand in your ID and pester them if necessary. Having local Hinckley know how is a benefit. That being said it's more important to get someone that will do a good and efficient job. If other friends have used your friend and in the main were content that should outweigh using an unfamiliar Hinckley conveyancing lawyer solely due to them being Hinckley based.
Why is it not possible to complete our conveyancing in Hinckley on Easter Monday?
Because on completion the money will pass between the banks of the buyer and owner’s property lawyer and currently this can only occur on a working day. So you can't complete on a saturday or sunday either.