Having been recommended your site we were about to appoint conveyancing solicitor in Hastings recommended using your search tool but have come across some other fee calculations on the internet appear less expensive – how come?
You can find hundreds of conveyancers advertising at first sight what seems to be cut price. You should think long and hard about how much you respect your own move to want to be penny wise pound foolish with regard to the standard of the conveyancing. Some embed fees deep into the terms and conditions. The law firms that we put forward for conveyancing in Hastings neverbehave this way.
In what way does my ID and proof of funds have anything to do with my conveyancing in Hastings? What am I being asked for?
It is indeed that case that these requests have nothing to do with conveyancing in Hastings. However these days you can not proceed with any conveyancing process in the absence handing over evidence 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 proof of identification it must be both the paper section as well as the photo card part, one is not acceptable without the other.
Verification of the source of money is required in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancer must have this information on record. Your Hastings conveyancing practitioner will require evidence of proof of funds prior to accepting any money from you into their client account and they may also ask further questions concerning the origin of monies.
We expect to receive a AIP from Yorkshire 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 Yorkshire BS recommend any Hastings solicitors on the Yorkshire BS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Hastings solicitors independently although you'll need to choose one on the Yorkshire BS conveyancing panel. The solicitor represents both you and Yorkshire BS through the process.
I'm at the point of looking at houses in Hastings and I am now considering a potential offer. Should I already have a property lawyer in place at this stage? I will be getting a home loan with Aldermore.
You should start obtaining conveyancing estimates 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 pass their contact information on to the EA. Given that you are seeking a mortgage with Aldermore, make sure you remember to check that your lawyer is on the Aldermore conveyancing panel.
Planning on purchasing a apartment in Hastings. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Lloyds conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Hastings conveyancer is on the Lloyds conveyancing panel.
My colleague recommended that where I am purchasing in Hastings I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Hastings conveyancing searches. It is not a small report of more than thirty pages, listing and setting out important information about Hastings around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Hastings Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Hastings Education with plans and statistics, Local Amenities and other useful information regarding Hastings.
I have been on the look out for a flat up to £195,000 and identified one close by in Hastings I like with a park and station nearby, the downside is that it only has 61 remaining years left on the lease. There is not much else in Hastings suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage the shortness of the lease will be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
Why can I not complete our conveyancing in Hastings on a bank holiday?
This is due to the fact that on completion the purchase price needs to be transferred electronically between the banks of the buyer and owner’s conveyancer and at present this can only occur on a business day. It is not possible to complete on a saturday or sunday either.