It may have been a long time coming a loan agreement from Santander for the remortgage of my 4 bedroom maisonette is expected any day now. Can you propose a cheap conveyancing solicitor in Hassocks?
You are on the wrong site if you are seeking the lowest fares for conveyancing in Hassocks. Our aim is to provide excellent value conveyancing but we do not work with the cheapest lawyers. Avoid the trap of appointing organisations seducing you with ninety nine pound conveyancing in Hassocks. In your best case scenario, in being led by low cost conveyancing, you will get your money’s worth and at worst it will result in you with a surprising uplift in extras and still not end up with the service expected.
The Hassocks conveyancing firm handling our Hassocks conveyancing has spotted an inconsistency between the information in the home valuation survey and what is revealed within the title deeds. My solicitor says that he must check that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s approach right?
Your lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Do conveyancers request money up-front when it comes to conveyancing in Hassocks?
If you are buying a property in Hassocks your lawyer will ask you place them with monies to cover the search fees. Generally this is needed to cover the fees of the conveyancing searches. If any down payment is as part of the sale price then this should be required shortly prior to contracts are exchanged. The closing balance that is due should be transferred a couple of days prior to the completion date.
We were going to get a OIP from Coventry BS this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Coventry BS recommend any Hassocks solicitors on the Coventry BS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Hassocks solicitors independently although you'll need to choose one on the Coventry BS conveyancing panel. The solicitor represents both you and Coventry BS through the process.
I was told two weeks ago that my mortgage has been agreed to by Skipton. Is it usual for Skipton to only issue the offer once my solicitor in Hassocks is approved on their conveyancing panel? Skipton have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Skipton to deal with your lawyer's application to be on the Skipton conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have instructed a Hassocks solicitor having checked that they are on the Virgin Money conveyancing panel. Does my lawyer arrange the survey of the property?
Virgin Money will need an independent valuation of the property. Your lawyer will not arrange this. Usually Virgin Money will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Hassocks surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Various internet forums that I have come across warn that are the number one cause of delay in Hassocks conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure within the common causes of delays in the conveyancing process. Local searches are unlikely to feature in any holding up conveyancing in Hassocks.
I was recommended by numerous selling agents in Hassocks to select a conveyancer on your site. Is there a financial advantage for Estate Agents to promote your lawyers over another?
We don’t offer any financial incentive for sending work to this site. We found it would be just too difficult to pay a commission because a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.