AssumingI were to buy a freehold homein Hatton Park for cash and dispense with a survey and no conveyancing searches how much should I expect to to save on my conveyancing in Hatton Park?
The sole reduction in fees you would achieve is the disbursement for searches. Your conveyancing practitioner still got to do everything else - money laundering, communicating with your sellers conveyancing practitioner, SDLT return, register the ownership etc. You might save a bit for them not having to register a mortgage but it won't be significant.
My wife and I have recently appointed a conveyancing solicitor in Hatton Park. I need to find out whether they are accepted on the Nottingham Building Society approved list of lawyers. Can you help?
You should phone the lawyer and ask them if they can act for the bank. Otherwise please get in touch with Nottingham Building Society who may be able to confirm.
We were going to get a OIP from Nationwide this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Nationwide recommend any Hatton Park solicitors on the Nationwide conveyancing panel, or is it better to go independently?
You will need to appoint Hatton Park solicitors independently although you'll need to choose one on the Nationwide conveyancing panel. The solicitor represents both you and Nationwide through the process.
After weeks of negotiation I have agreed a price on an apartment in Hatton Park. My financial adviser pressured me to appoint their solicitor. I paid an on account payment of £175. Soon after, the conveyancing practitioner called me sheepishly admitting that they were not on the Lloyds 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 Lloyds 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.
Coventry BS have agreed my mortgage in principle, my offer on a flat in Hatton Park has been agreed to, what happens next?
Your estate agent will want to know who your solicitors are (ensure that the solicitors are on the bank’s approved list). Telephone Coventry BS or the financial adviser and finish off any outstanding paperwork. Coventry BS will sellect a valuer who will get in touch with the selling agent or seller to schedule a slot for the valuation to take place. Once conducted (assuming no problems) it takes on average ten days for the mortgage offer to be issued. Coventry BS will send the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Hatton Park.
How does conveyancing in Hatton Park differ for new build properties?
Most buyers of new build property in Hatton Park contact us having been asked by the developer to exchange contracts and commit to the purchase even before the property is built. This is because house builders in Hatton Park typically buy the land, 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 property lawyers 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 Hatton Park or who has acted in the same development.
I'm refinancing my primary property to a buy to let mortgage with Barclays and intend to use the remaining equity as a deposit on further house. The location we are talking about is Hatton Park. Will your conveyancers be able to act for the two mortgage companies and link together the two deals?
Make use of our search tool on this page to be sure that the lawyers are approved by both lenders. Assuming that they are your solicitor should be able to connect the two deals but you should have a chat with you solicitor and make clear your expectations and needs.
My aunt completed her conveyancing in Hatton Park in 2007. She has got married, widowed and is now remarried. She now intends to dispose of the Hatton Park property. I suspect that she will just be need to supply copies of the marriage papers to the lawyer but she is worried it will delay the house sale. Should she instruct a property lawyer to update the land title details for the property?
You are not required to update the title for the property on the basis that you have the proof needed to demonstrate how the name change has come about.
The buyer’s property lawyer should review the land registry details and requisition evidence by way of proof of the change of name for instance marriage certificates.