We are selling our flat in Hungerford. Will the lawyer have to be on the HSBC conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the HSBC conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently in recent years.
How does conveyancing in Hungerford differ for newly converted properties?
Most buyers of new build premises in Hungerford contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Hungerford usually acquire 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 conveyancing solicitors 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 Hungerford or who has acted in the same development.
I have been sourcing a conveyancing solicitor in Hungerford for my home move. Is there any facility to review a firm’s record with the legal regulator?
One can see presented Solicitor Regulator Association (SRA) determinations stemming from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, call +44 (0)121 329 6800. The regulator could recorded call for training reasons.
Estate agents have just been given the go-ahead to market my garden flat in Hungerford. Conveyancing has not commenced, but I have recently had a half-yearly service charge demand – Do I pay up?
It best that you clear the maintenance contribution as usual as all ground rent and service payments should be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I bought a 1 bedroom flat in Hungerford, conveyancing formalities finalised half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Hungerford with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease terminates on 21st October 2079
With 59 years remaining on your lease we estimate the premium for your lease extension to be between £20,900 and £24,200 as well as professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.
The loan offer from a lender for the remortgage of my 4 bedroom flat is coming by the end of next week. Can you recommend a low cost remortgage conveyancing lawyer in Hungerford ?
This site is not designed to help in pursuit of a cheap conveyancing solicitors in Hungerford. Our intention is to offer value for money conveyancing but we do not aim to advertise as being the cheapest. Avoid the trap of appointing companies offering £99 conveyancing in Hungerford.At best, in going for cheap conveyancing, you will end up with what you pay for and at worst you will end up invoiced for extras and still not get the service expected.