We selected a local firm for my conveyancing in Hook today. Reviewing the Terms and Conditions it is apparent thatI am responsible for charges even where the transaction does not complete. Should I go with them or choose a web based conveyancing brokerage offering no move no charge conveyancing in Hook?
Generally there is a compromise along the lines that if "No Completion No Fee" is available then the fee levels will generally be higher to cover the cases that fail to complete. Dont forget that such schemes rarely protect you from expenditure by way of example Hook conveyancing search expenses.
The owners of the house we are looking to purchase are using a conveyancing practitioner in Hook who has suggested a exclusivity contract with a non-refundable deposit 10k. Are such arrangements recommended for Hook conveyancing transactions?
This form of agreement is not the norm in Hook, conveyancers are often found to direct clients away from them as they detract from focusing on the main conveyancing focus and if you end up having your deposit forfeited then the lawyer is left exposed. Secondly, there is no guarantee that just because the proprietor has executed an exclusivity contract they will sell to you. They may be in contravention of the contract if they receive a large enough incentive to do so because an aggrieved buyer with the benefit of a lockoutcontract will still have to show losses as a consequence of the breach and these may not equate the financial upside that your vendor may secure by reneging on the agreement, no matter how morally unworthy that may be.
My home in Hook is up for sale and I have a purchaser. Will the property lawyer need to be on the Clydesdale conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Clydesdale conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
I am assisting my step-mother sell her flat in Hook. Will the conveyancer arrange an EPC or it is for the owner to coordinate?
Following the demise of Home Packs, energy performance certificates was retained a required part of selling a property. An EPC needs to be commissioned prior to the property being advertised. This is not something that law firms normally arrange. Where you are using a Hook conveyancing practitioner they might be able to arrange energy performance certificates due to their relationships with long established Hook providers
Have just purchased a probate house at auction in Hook. Conveyancing is needed. What is next?
Now that you have for in every practical sense signed on the dotted line you now have to hire the services of a conveyancing practitioner soon as you are faced with a fast approaching deadline in which to complete the property. An auction property will ordinarily have a bespoke legal pack. This will include evidence of title and search results. In the case of leasehold premises the legal papers may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You must hand this to your appointed conveyancing solicitor as soon as possible. Do make sure that your finances are in place to complete on the date specified in the contract.
We had instructed conveyancers with offices in Hook on the Kent Reliance solicitor panel. They are now charging me a further charge for the legal aspects of the Kent Reliance mortgage. Is this a supplemental conveyancing fee set by Kent Reliance?
Provided it is contained in their Terms of Engagement or Quote then yes your lawyer may levy a fee for this. The fee is not dictated by Kent Reliance but by your Hook property lawyer. Plenty of firms on the Kent Reliance panel will charge ’dealing with mortgage’ fee but plenty of firms incorporate it on their overall fee.
I am buying a new build apartment in Hook. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Hook
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Please confirm the Lease plans are surveyor prepared. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
My husband and I have AIP from The Royal Bank of Scotland who suggested we could borrow up to £400k. At what point do we need to appoint a lawyer for conveyancing? Hook is where we plan to move to.
It would be wise to instruct a solicitor now so that the lawyer can open the file so they can commence their ID checks etc. Once you wish them to start work they will seek a deposit usually approximately £175. That would normally be after you have the mortgage offer and survey results, nevertheless should you wish to expedite the process you can start the ball rolling sooner even though you may be risking some expense.