Is there a reason to use a East Hunsbury conveyancing company when national conveyancers are more affordable?
By all means make sure that you get 2 or 3 like-for-like quotes for conveyancing costs in East Hunsbury and you should seek a competitive fee calculation but don’t waste your energy sourcing the cheapest East Hunsbury conveyancer. Finding the right conveyancer can be the distinction between a seamless and a distressing move. You need to ensure that you have expert guidance from a specialist lawyer. Emails can't be as helpful as a phone conversation and are no substitute for a one to one appointment. Our partner firms will allocate you a qualified and experienced conveyancing solicitor who can handle your conveyancing from from the outset to completion, giving the sort of hand holding that you are unlikely to received from an internet conveyancer. Our lawyers will keep you updated as to any developments making sure that you are ensuring that you are updated at regular intervals. Should you need to call the office you will be sure who you need to speak to and we'll be sure you are kept fully informed.
What does my ID and proof of funds have anything to do with my conveyancing in East Hunsbury? What am I being asked for?
You are right in these requests have nothing to do with conveyancing in East Hunsbury. Nowadays you can not complete any conveyancing transaction in the absence supplying proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a bank statement. Remember if you are providing your driving licence as evidence of ID it must be both the paper section and photo card part, one is not sufficient without the other.
Verification of your source of monies is necessary in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your lawyer will need to have this information on file. Your East Hunsbury conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any monies from you into their client account and they should also ask further questions concerning the origin of funds.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in East Hunsbury. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 27/7/2024, the requirements read as follows :
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. East Hunsbury is the location of the property. Can you offer any assistance?
Flying freeholds in East Hunsbury are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside East Hunsbury you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in East Hunsbury may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Is it possible to change conveyancer as I have to retain one who is on the Chelsea Building Society conveyancing panel. I had appointed a family conveyancing solicitor in East Hunsbury round the corner but he is not approved by Chelsea Building Society
It would be our pleasure to assist you select a conveyancing solicitor in East Hunsbury on the Chelsea Building Society panel. Please note that the law firms that we work with do not pay us a referral fee if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in East Hunsbury. In utilising the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in East Hunsbury.
I am a negotiator for a reputable estate agent office in East Hunsbury where we have witnessed a few flat sales derailed due to short leases. I have received contradictory information from local East Hunsbury conveyancing solicitors. Can you clarify whether the vendor of a flat can initiate the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I own a 2 bed flat in East Hunsbury, conveyancing having been completed 7 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in East Hunsbury with an extended lease are worth £206,000. The average or mid-range amount of ground rent is £45 yearly. The lease terminates on 21st October 2090
With only 66 years left to run the likely cost is going to range between £11,400 and £13,200 plus costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.