At what point can the exchange of contracts happen for purchase conveyancing in Hawkhurst and am I required to be at the conveyancers office?
If you are in close proximity to our conveyancing solicitors in Hawkhurst you are invited in to sign contracts. That being said, the law practices we recommend offer countrywide coverage for conveyancing and provide just as comprehensive and professional a job for you when dealing with you digitally. The signing of the contract is not when everything is set in stone. A signed contract is just a prerequisite for the solicitor to exchange contracts when the time is right, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Hawkhurst)to be in the office available at the end of the phone to exchange contracts.
What is the difference between a licensed conveyancer and conveyancing solicitor in Hawkhurst
There are many recorded licenced Conveyancers in Hawkhurst and Solicitor firms in Hawkhurst who provide Conveyancing services We would stress that the two are regulated professionals specialising in the legal aspects of the home buying process. They may both also conduct associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
We had instructed solicitors locally in Hawkhurst on the Lloyds solicitor panel. They are now charging me a separate fee for dealing with the Lloyds mortgage. Is this an additional conveyancing fee specified by Lloyds?
Unfortunately, as long as it is in their Terms of Engagement or Quote then yes your lawyer may levy a fee for this. This fee is not dictated by Lloyds but by your Hawkhurst conveyancing practitioner. Numerous firms on the Lloyds panel will quote ’dealing with mortgage’ fee and others do not.
I am due to exchange contracts on my flat. I had a double glazing fitted in October 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Clydesdale are being problematic. The Hawkhurst solicitor who is on the Clydesdale conveyancing panel is recommending indemnity insurance as a solution but Clydesdale are insisting on a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?
It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
What can a local search tell me about the property I am purchasing in Hawkhurst?
Hawkhurst conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search company such as Onsearch The local search plays a central part in many a Hawkhurst conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your new home. The search will supply information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
How does conveyancing in Hawkhurst differ for newly converted properties?
Most buyers of new build property in Hawkhurst come to us having been asked by the seller to exchange contracts and commit to the purchase even before the property is constructed. This is because builders in Hawkhurst usually buy the real estate, 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 conveyancing solicitors 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 accustomed to new build conveyancing in Hawkhurst or who has acted in the same development.
My step-father has encouraged me to instruct his conveyancers in Hawkhurst. Do I take his recommendation?
No doubt the best way to find a conveyancing solicitor is to get referrals from friends or relatives who have experience in using the firm you're considering.
I am attracted to a two apartments in Hawkhurst both have in the region of fifty years remaining on the lease term. Should I regard a short lease as a deal breaker?
There are plenty of short leases in Hawkhurst. The lease is a right to use the premises for a prescribed time frame. As a lease gets shorter the saleability of the lease reduces and results in it becoming more expensive to extend the lease. This is why it is often a good idea to increase the term of the lease. It is often difficulties arise selling premises with a short lease as mortgage companies may be reluctant to lend money on properties of this type. Lease extension can be a difficult process. We recommend you seek professional help from a conveyancer and surveyor with experience in this field.
Hawkhurst Conveyancing for Leasehold Flats - Examples of Queries before Purchasing
-
Can you inform me if there are any major works in the near future that will likely increase the service fees? Generally speaking the cost for major works are not included within service charges, albeit that a few managing agents in Hawkhurst obliged leasehold owners to contribute towards a sinking fund and this is used to offset against larger works. It is important to be aware if a new roof is being installed or some other significant cost is anticipated that will be shared between the leasehold owners and will dramatically impact the level of the service costs or require a one off payment.