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Find a Hingham Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Hingham? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Hingham conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Hingham

Our lawyer has discovered a defect with the lease for the flat we are buying in Hingham. The seller’s lawyers have offered defective title insurance as a workaround. We are content with insurance and will cover the costs. Our conveyancing practitioner says that he must check that the bank is willing to move forward with this solution. Are we the client or is the mortgage company ?

Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook specifications. You and the bank are the client. The appropriate lender specifications have to be complied with.

I am considering applying for a Co-operative mortgage for purchase of a new build (under development) in Hingham with 65 per cent LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Co-operative ?

In theory, you could use a solicitor that is not on the Co-operative conveyancing panel, but Co-operative would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.

We are planning to move property in July. Should my conveyancing solicitor update the removal company on the completion day. On a separate note, can you put forward a removal company in Hingham. Conveyancing solicitor was chosen before I stumbled across your site.

On the afternoon of completion you will need to collect the keys from your estate agent but this can only be done when the sellers lawyers confirm to the agent that they have the completion monies and the keys can be released. After that you will need to advise the removal company that you are ready to move in. We do not suggest a particular removal company but can help you choose a residential property solicitor in Hingham or a solicitor with expertise in conveyancing in Hingham.

It is unclear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Hingham building society branch on numerous occasions and was advised it wasn't a problem and they will lend. My Hingham conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they refuse to lend based on their specific requirements. I have no idea who is right.

Provided that the conveyancer is on the mortgage company approved list, she or he must comply with the Council of Mortgage Lenders’ Handbook specifications for the lender. 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 lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

My offer on a semi in Hingham has been accepted, but there is a chain. The vendors have offered on on an apartment, however it’s not yet tied up, and have viewings of other properties in the pipeline. I have selected a bricks and mortar conveyancing solicitor in Hingham. What do I do now? At what point do I apply for the mortgage with HSBC?

It is normal to have apprehensions where there is a chain as you are unlikely to want to incur expenses too early (mortgage application is approx one thousand pounds, then survey, Hingham conveyancing search fees, etc). The first thing to do is ensure that your property lawyer is on the HSBC approved list. Concerning the next stages this very much dictated by the uniqueness of your case, motivation for this property and on the state of the market. In a buoyant market the majority of buyers will apply for a home loan with HSBC and arrange for the valuation and only if it comes back ok would they request their conveyancing practitioner to press on with searches.

How does conveyancing in Hingham differ for newly converted properties?

Most buyers of new build or newly converted property in Hingham come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is completed. This is because developers in Hingham typically buy 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 used to new build conveyancing in Hingham or who has acted in the same development.

I am looking to sell my property. My previous conveyancers closed down. I am in need of a recommendation of a conveyancing firm. Im based in Hingham if that makes a difference.

Please use our search tool to help you find a solicitor for your conveyancing in Hingham. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.

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Dereham
Norfolk
Watton
Hingham
Wymondham
East Harling
Attleborough

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