Having been recommended your organisation we were going to go ahead with a conveyancing solicitor in Hedon recommended using your comparison tool but stumbled across alternative quotes via the web seem less expensive – how come?
You can find plenty of websites promoting self styled cheap conveyancing, yet more often than not extracosts result in the final fee mounting up beyond all recognition. Conveyancers are obliged to make sure that fees outlined in terms of business should be fair and reasonable raised The conveyancers that we list for conveyancing in Hedon set out all legal fees for a residential conveyancing case.
My god-son is buying a house that has just been built in Hedon with a mortgage from Skipton. His conveyancer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Skipton conveyancing panel as a standard part of the process, and to the surveyor when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Skipton conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
In what way does my ID and proof of funds have anything to do with my conveyancing in Hedon? What am I being asked for?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Hedon. However these days you will not be able to complete any conveyancing process without first submitting evidence of your identity. This usually takes the form of a either your passport or driving licence plus a bank statement. Please note that if you are providing your driving licence as evidence of identification it needs to be both the paper part and photo card part, one is not sufficient in the absence of the other.
Proof of the origin of monies is required in accordance with the Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancing solicitor will need to have this information on record. Your Hedon conveyancing solicitor will require evidence of proof of funds before they are able to accept any funds from you into their client account and they should also ask further queries concerning the source of funds.
My aunt passed away 10 months ago and as sole heir and executor I was left the house in Hedon. The house had a small mortgage left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Clydesdale, pay off the mortgage. Is this allowed?
If you intend to re-mortgage then Clydesdale will require that you use a conveyancer on the Clydesdale conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Clydesdale conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Clydesdale mortgage is registered as a charge at the Land Registry.
Me and my brother purchased a terraced Georgian property in Hedon. Conveyancing lawyer acted for me and Santander. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold under the exact same property. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hedon and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing practitioner who conducted the conveyancing.
My estate agent has recommended their property lawyer for the conveyancing in Hedon - Surely it’s advisable to just use them?
This is not necessarily the case and you are at liberty to opt for whichever property lawyer you prefer for your Hedon home move. The solicitor recommended by an estate agent may not necessarily be the right conveyancer, they may suggest their preferred conveyancing firm who are based remotely. In this instance you may not have contact with your conveyancing practitioner and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.