Just been in touch with my conveyancing solicitor in Huntingdon who acted for me 18 months ago and wanted a conveyancing costs illustration based on an identical type of house sale & purchase (a leasehold premises and a freehold property) of almost identical values with a home loan from HSBC Bank. I am now being charged double. Better the devil I know or do I try and find a cheaper online firm of conveyancing solicitor?
The costs illustration is fractionally on the expensive side. If you are willing to invest time contrasting charges you might get the conveyancing a bit cheaper by perhaps a hundred pounds. That being said, providing that you were happy with the assistance the firm gave you mightlive to rue choosing an a cheaper solicitor. Remember to be sure that the conveyancer can represent HSBC Bank. You can utilise our search tool to choose a Huntingdon conveyancing firm on the HSBC Bank member panel, which can often include conveyancing solicitors in Huntingdon.
Would the conveyancing solicitors identified via your search tool execute auction conveyancing in Huntingdon?
We know of a few auction practitioners we can connect you with those conducting auction conveyancing. Huntingdon is one of our areas of in which our lawyers are based.
When does exchange of contracts occur in sale conveyancing in Huntingdon and do I need to be at the solicitors office?
If you are in close proximity to one of the conveyancing solicitors in Huntingdon you are invited in to sign contracts. However, the lender approved solicitors we work with supply countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when communicating with you by post or email. The executing of the property agreement is not the important part. Signing on the dotted line simply enables the conveyancer to exchange contracts at the suitable time, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Huntingdon)to be in the office available at the end of the phone to exchange contracts.
I have been told that property searches are a common cause of hinderance in Huntingdon conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays during the legal transfer of property. Local searches are unlikely to be the root cause of holding up conveyancing in Huntingdon.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what should have been a straight forward, chain free conveyancing. Huntingdon is the location of the property. Can you offer any guidance?
Flying freeholds in Huntingdon are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Huntingdon you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Huntingdon may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
We are about to exchange on the purchase a property in Huntingdon but as a result of damage from the recent storms I have agreed reparation from the current proprietors of £2k in the form of a adjustment in the price. This was going to be dealt with as part of the conveyancing process yet my bank will not agree to this. Why were they informed?
The conveyancing practitioner listed on a mortgage company approved list is required to advise the mortgage company of any changes to the sale amount. If you were to refuse your property lawyer to report the reduction to your mortgage company then they would need to refrain from acting for you and the lender.