AssumingI were to buy a simple residential housein Petworth mortgage fee and have no survey and no conveyancing searches how much would I expect to to save on my conveyancing in Petworth?
Any savings you would gain will be limited to the costs for searches. Your conveyancer still be obliged to do everything else - money laundering, communicating with your sellers solicitor, stamp duty return, register the property etc. You might save a bit for them not needing to register a mortgage but it will not be a lot.
Completed the sale of my flat in Petworth last August yet the purchaser is texting every few hours complaining that his conveyancer needs to hear from mine. What should my lawyer have done now that I have sold?
After completion of your sale your lawyer is obliged to deliver the transfer deeds and all of the paperwork to the purchaser's lawyers. Where relevant, your lawyer must also evidence that the home loan has been paid off to the buyers conveyancers. There is unlikely to be post completion formalities just for conveyancing in Petworth.
Two weeks ago we had a mortgage agreed in principle with HSBC. Petworth conveyancing lawyers have been appointed. What is the average time that one could expect to receive a mortgage offer from HSBC?
There is no definitive answer here. Have HSBC completed the survey? Have you informed HSBC as to your lawyers' details and checked that your lawyers are on the HSBC conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
We were going to get a AIP from TSB this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do TSB recommend any Petworth solicitors on the TSB conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Petworth solicitors independently although you'll need to choose one on the TSB conveyancing panel. The solicitor represents both you and TSB through the process.
I have decided to exercise my right to buy my property in Petworth off the council. I have a mortgage agreed with Barclays. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Barclays, you will need to appoint a solicitor on the Barclays conveyancing panel.
I need some quick conveyancing in Petworth as I am faced with an ultimatum to complete in less than 3 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save money and time?
If.Given you are not getting a home loan you are at liberty not to do searches although no solicitor would suggest that you don't. With lots of history conveyancing in Petworth the following are instances of issues that can arise and therefore affect the marketability of the property: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Railway Schemes,...
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one round the corner in Petworth I like with a park and transport links in the vicinity, the downside is that it's only got 49 remaining years left on the lease. There is not much else in Petworth in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a mortgage that many years may be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the bank conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the bank solicitor panel.