We're in Hull East, First timers buying with a mortgage (lender is UBS , and our solicitor is on the UBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the UBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Me and my partner are buying a apartment in Hull East. I might seem paranoid but how we can trust a solicitor? At some point we will need to put funds into their account. What is the protection we have from them run away with our money?
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.
Forgive me if this question is silly but I am wet behind the ears as FTB of a ground floor flat in Hull East. Do I collect the keys to the premises on the completion date from my conveyancer? If so, I will appoint a High Street conveyancing solicitor in Hull East?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the vendor’s solicitors, and shortly after the monies have arrived, you should be able to receive the keys from the property Agents and move into your new home. Usually this happens early afternoon.
My wife and I are spending time viewing flats in Hull East and I am about to put in an offer. Is it advisable to have a solicitor on ‘stand by’? I am planning to take a home loan with Lloyds.
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. As you are obtaining a mortgage with Lloyds, ask your prospective lawyers if they are on the Lloyds conveyancing panel otherwise they can't do the mortgage legal work.
Are there restrictive covenants that are commonly picked up during conveyancing in Hull East?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Hull East. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the input of my in-laws I had a survey completed on a house in Hull East in advance of appointing conveyancers. I have been told that there is a flying freehold aspect to the house. Our surveyor has said that some mortgage companies tend not issue a mortgage on such a house.
It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hull East. Conveyancing may be slightly more expensive based on your lender's requirements.
Hoping to buy a property located in Hull East and I am already nervous. I couldn't find anything specific about Hull East. Conveyancing will be needed in due course but do you know about the Hull East area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Hull East. In the meantime here are some basic statistics that we found