I have given 8 weeks notice to my current landlord and have to leave my rented apartment in Leicestershire by 21/6/2021. Conveyancing for my house purchase is progressing. Can I complete in 4 weeks as don't want to have to find short term accommodation?
It is unwise to give notice for your lease until you have exchanged. If you have not previously done so, update to your solicitor and ask them to they seek the assistance the owners lawyers, try to get a realistic time scale from them that everyone will work to achieve
What does my ID and proof of funds have anything to do with my conveyancing in Leicestershire? Is this really warranted?
You are right in these requests have nothing to do with conveyancing in Leicestershire. However these days you will not be able to proceed with any conveyancing deal without first supplying evidence of your identity. This usually takes the form of a either your passport or driving licence as well as a bank statement. Remember if you are providing your driving licence as proof of identification it must be both the paper part as well as the photo card part, one is not satisfactory without the other.
Evidence of your source of funds is necessary in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancing solicitor must have this information on record. Your Leicestershire conveyancing practitioner will require evidence of proof of funds before they are able to accept any monies from you into their client account and they may also ask additional questions concerning the origin of funds.
Are the BSA intent on creating a search tool with a view to list solicitors on the Melton Mowbray Building Society conveyancing panel for instance in Leicestershire?
Lexsure has not been advised of any plans on the part of the BSA to promote such a register.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Leicestershire?
Two types of professional can perform conveyancing in Leicestershire namely CLC regulated conveyancers or solicitors. Both professionals administer the legal services that required to complete the disposal or purchase of property. They are both required to execute Leicestershire conveyancing on similar quality and guidelines so you can be safe in the knowledge that your conveyancing will be properly administered and that the requisite procedures should be correctly adhered to.
We had instructed solicitors locally in Leicestershire on the HSBC solicitor panel. They have just billed me a further fee for dealing with the HSBC mortgage. Is this a supplemental conveyancing fee set by HSBC?
Unfortunately, as long as it is in their Terms and Conditions or estimate then yes your property lawyer may charge a fee for this. The fee is not dictated by HSBC but by your Leicestershire conveyancer. Some firms on the HSBC panel will levy an ‘acting for lender’ fee and others do not.
After months of negotiation I have agreed a price on an apartment in Leicestershire. My mortgage broker suggested a solicitor. I paid an advanced payment of £150. A few days later, the solicitor contacted me to say that they were not on the HSBC conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the HSBC panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Have purchased a a terraced house in Leicestershire , how long should it take for the Land Registry to deal with the formalities evidencing my ownership? My Leicestershire conveyancing solicitor has been very slow, so I want to check the registration formalities are concluded.
There is nothing unique about conveyancing in Leicestershire registration formalities. As opposed to being determined by geographic area, timescales can vary depending on who lodges the application, whether it is in order and if the Land registry must send notices to any interested persons or bodies. At present in the region of 80% of such applications are completed within 12 days but some can be subject to protracted hold-ups. Registration takes place once the buyer is living at the premises thus post completion formalities is not usually primary concern yet if it is urgent that the the registration takes place urgently then you or your lawyers can communicate with the Registry to express the reasoning for the application to be prioritised.