My friend's uncle is a property lawyer. I anticipate that I will be offered friends and family pricing for conveyancing, but if not, what kind of figure should I be expecting for conveyancing in Hoxton?
You should compare pricing. Do use our search tool on this site. The fees do contrast greatly but service levels do differ between property lawyers as is true with the vast majority of professional services.
It is 10 years ago since I purchased my property in Hoxton. Conveyancing solicitors have now been instructed on the sale but I am unable to locate the deeds. Is this a major issue?
Don’t worry too much. Firstly the deeds may be with your mortgage company or they may be in the possession of the conveyancers who oversaw the purchase. Secondly the chances are that the title will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing lawyers acquiring up to date copy of the land registers. Almost all conveyancing in Hoxton involves registered property but in the rare situation where your home is not registered it is more tricky but is not insurmountable.
We're in Hoxton, First timers buying with a mortgage (lender is RBS , and our lawyer is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Should my lawyer be asking questions regarding flooding during the conveyancing in Hoxton.
The risk of flooding is if increasing concern for solicitors dealing with homes in Hoxton. There are those who buy a house in Hoxton, completely aware that at some time, it may be flooded. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable insurance cover, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Conveyancers are not best placed to give advice on flood risk, but there are a numerous searches that may be initiated by the purchaser or on a buyer’s behalf which can give them a better understanding of the risks in Hoxton. The standard property information forms given to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) includes a usual inquiry of the owner to discover if the property has historically flooded. If flooding has previously occurred and is not notified by the owner, then a buyer may issue a legal claim for losses stemming from an misleading response. A buyer’s conveyancers may also conduct an environmental report. This will reveal whether there is a recorded flood risk. If so, further investigations should be conducted.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Hoxton. Conveyancing is necessary evil 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 conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Hoxton
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
In my capacity as executor for the estate of my uncle I am selling a residence in Cardiff but I am based in Hoxton. My lawyer (approximately 235 kilometers from meneeds me to sign a stat dec prior to completion. Could you suggest a conveyancing solicitor in Hoxton to attest and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are Hoxton based