I was recommended to a conveyancer who has given a fee calculation of £1350 for freehold conveyancing in Hurstpierpoint. I am selling a Georgian detached home for £125,000. This seems over the top. Is it above what I should be paying for conveyancing in Hurstpierpoint?
The quote is fractionally on the high side. If you shop around you may be able to get the conveyancing a bit cheaper by perhaps £100 plus VAT. That being said, you mightlive to regret choosing an an unknown solicitor. Don't forget to be sure the solicitor can act for your mortgage company. You can use our comparison tool to locate a Hurstpierpoint conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Hurstpierpoint.
In what way does my ID and proof of funds have anything to do with my conveyancing in Hurstpierpoint? What am I being asked for?
You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Hurstpierpoint. However these days you will not be able to complete any conveyancing process in the absence supplying proof of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a council tax bill. Please note that if you are providing your driving licence as proof of identification it needs to be both the paper part and photo card part, one is not sufficient without the other.
Proof of the source of funds is mandated under Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancing solicitor will need to retain this information on record. Your Hurstpierpoint conveyancing lawyer will need to see evidence of proof of funds prior to accepting any monies from you into their client account and they will also ask further queries regarding the source of monies.
Do I have to attend the offices of the solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in Hurstpierpoint so that I can pop in to their offices if necessary.
As opposed to 12 years ago, the vast majority lenders no longer require their conveyancing panel lawyer to witness the mortgagors signature. It will still be necessary for you to supply identification documents and there are still manifest benefits to using a local practitioner, in your case a conveyancing solicitor in Hurstpierpoint.
I had a mortgage agreed in principle with Aldermore. Hurstpierpoint conveyancing lawyers have been selected. How long does it take for Aldermore to forward the offer to the property lawyer?
There is no definitive answer here. Have Aldermore completed the valuation? Have you informed Aldermore as to your lawyers' details and checked that your lawyers are on the Aldermore conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I can not fathom if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Hurstpierpoint building society branch on a couple of occasions and was told it wasn't an issue and they would lend. My Hurstpierpoint conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they refuse to lend in accordance with their published requirements. Who do I believe?
Your property lawyer must comply with the Council of Mortgage Lenders’ Handbook section two provisions for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
Planning on purchasing a apartment in Hurstpierpoint. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Lloyds conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Hurstpierpoint property lawyer is on the Lloyds conveyancing panel.
My wife and I are downsizing from our house in Hurstpierpoint and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any local conveyancer would know this is not the case. It does beg the question why the purchasers are using a national conveyancing firm rather than a conveyancing solicitor in Hurstpierpoint. Having lived in Hurstpierpoint for six years we know that this is a non issue. Do we contact our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a straight forward, no chain conveyancing. Hurstpierpoint is the location of the property. Can you shed any light on this issue?
Flying freeholds in Hurstpierpoint are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hurstpierpoint you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hurstpierpoint may decide 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 residence.