My best friend’s step-father is a conveyancing practitioner. I anticipate that I'll be able to get mate’s rates for conveyancing, However if that does not come through, what level of figure should I be expecting for conveyancing in Hockley?
It’s advisable to look for multiple conveyancing estimates. Do use our search tool on this page. Whilst fees may be different but the service one can expect are distinct between conveyancers as is true with most professions.
We expect to receive a AIP from UBS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do UBS recommend any Hockley solicitors on the UBS conveyancing panel, or is it better to go independently?
You will need to appoint Hockley solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
It is unclear whether my lender requires a lease extension. I have telephoned my Hockley bank branch on various occasions and was told they are content with the situation and they will lend. My Hockley conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they refuse to lend in accordance with their specific requirements. I simply don't know who is right.
As long as the conveyancer is on the bank approved list, they must follow the CML Handbook provisions for the bank. Unless your lawyer obtains specific confirmation in writing that the lender 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 mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
I've read lots of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Hockley solicitor - who is on the Nationwide conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Nationwide will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nationwide will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Hockley surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Just acquired a detached house in Hockley , What is the estimated time for the Land Registry to record the transfer to my name? My Hockley conveyancing solicitor works at snail pace, so I want to be certain that my ownership is registered.
As far as conveyancing in Hockley registration is no faster or slower than anywhere else in the country. As opposed to being determined by geographic area, timescales can vary subject to who lodges the application, whether it is in order and whether the Land registry communicate with any interested persons or bodies. Currently roughly three quarters of submission are completed in less than three weeks but occasionally there can be longer delays. Registration occurs once the new owner has moved in to the premises therefore 'speed' is not always primary concern but where there is a degree of urgency associated with the registration then you or your conveyancer can speak with the land registry and explain the circumstances.
Should I be suspicious by third parties that I am dealing with are suggesting a factory type conveyancing firm rather than a local Hockley conveyancing company?
As is the case with many professional services, often input from connections can be extremely useful or valuable. But there are numerous players in a conveyancing deal; estate agents, financial adviser and banks may put forward lawyers to instruct. On occasion the lawyers might be known to one of the organisations as one of the best in their field, but occasionally there behind the scenes commercial relationship behind the endorsement. You have the discretion to choose your own lawyer. Don't forget that the majority of lenders specify a panel list of conveyancers you have to use for the mortgage related work in your home move.
Should I instruct a Hockley conveyancing practitioner based in the location that I am buying? An old friend can handle the legal formalities however they are based approximately 350kilometers away.
The benefit of a high street Hockley conveyancing practice is that you can drop in to execute documents, hand in your ID and apply pressure on them where appropriate. Having local Hockley know how is a plus. That being said it's more important to get someone that will do a good and efficient job. If you know people who used your friend and on the whole were impressed that should trump using an unfamiliar Hockley conveyancing lawyer solely due to them being Hockley based.