Much to our surprise we have been advised by our estate agent that my Hockley property lawyer is not on the bank Solicitor panel. How can I be sure that this is correct?
Your first step should be to contact your Hockley conveyancer. It is reasonable to expect your lawyer to inform you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
I am assisting my aunt sell her property in Hockley. Does the solicitor arrange an energy performance certificate or it is for the owner to coordinate?
After the demise of Home Information Packs, energy performance certificates was kept a mandatory element of moving house. An EPC needs to be commissioned before the property is marketed. This is not something that law firms ordinarily organise. If you are instructing a Hockley conveyancing solicitor they might help arrange EPC’s due to their relationships with reputable Hockley energy assessors
How can we know in advance if a Hockley conveyancing solicitor on the Co-operative panel is any good?
When it comes to conveyancing in Hockley seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor carrying out your conveyancing.
Last month we had a mortgage agreed in principle with Santander. Hockley conveyancing lawyers were instructed. How long does it take for Santander to forward the offer to the conveyancer?
There is no definitive answer here. Have Santander completed the survey? Have you informed Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
In searching the internet for the term cheap conveyancing in Hockley it brings up many conveyancersin the area. How do I determine which is the right property lawyer for the sale of my house?
The preferential method of finding the right conveyancer is via trusted recommendation, so enquire of colleagues and those you trust who have bought a property in Hockley or a local estate agent or financial adviser. Charges for conveyancing in Hockley vary, so it's a good idea to obtain a minimum of three quotes from varying types of property lawyers. Dont forget to clarify what costs in the quote includes.
All being well we will complete the sale of our £450,000 garden flat in Hockley next Friday. The landlords agents has quoted £372 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Hockley?
For most leasehold sales in Hockley conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
Answering conveyancing due diligence enquiries
Where consent is required before sale in Hockley
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I own a ground floor flat in Hockley, conveyancing formalities finalised 6 years ago. How much will my lease extension cost? Equivalent properties in Hockley with a long lease are worth £180,000. The ground rent is £65 charged once a year. The lease ends on 21st October 2080
With 58 years remaining on your lease we estimate the premium for your lease extension to span between £22,800 and £26,400 plus professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs without more detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.
Is there a reason that Hockley conveyancing costs differ for leasehold and freehold properties?
Leasehold conveyancing in Hockley more often than not will involve additional work for instance fully examining the lease, communicating with the freeholder, obtaining up to date rent receipts, landlord’s consents, management company’s accounts etc.