AssumingI was to buy a simple residential homein Hemel Hempstead mortgage fee and dispense with a survey and no conveyancing searches how much would I expect to have to pay for conveyancing in Hemel Hempstead?
Any savings you would make will be limited to the Hemel Hempstead conveyancing searches. A lawyer is obliged to do the vast majority of work - money laundering, correspond with the vendors lawyer, SDLT submission, register the ownership etc. A slight saving might be made by not having to register a charge but it will not be meaningful.
The Hemel Hempstead conveyancing firm that I appointed last week on my house acquisition in Hemel Hempstead have without warning closed. I chose them because I needed a lawyer on the Nottingham conveyancing panel and my previous Hemel Hempstead lawyer was not. I issued them a cheque for £250 in advance. What do I do now?
Assuming that you have an Estate Agent in the equation then let them know straight away so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Nottingham conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to help.
My partner and I are selling our home in Hemel Hempstead and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. Any high street Hemel Hempstead conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers are using a national conveyancing outfit as opposed to a conveyancing solicitor in Hemel Hempstead. Having lived in Hemel Hempstead for many years we know of no issue. Should we contact our local Authority to seek confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You should 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)
Due to the guidance of my in-laws I had a survey completed on a property in Hemel Hempstead ahead of retaining lawyers. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies tend not give a loan on this type of property.
It depends who your proposed lender is. HSBC has different instructions for example to Nationwide. Should you wish to telephone us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hemel Hempstead. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hemel Hempstead to see if the conveyancing will be more expensive.
My husband and I are novice buyers - agreed a price, but the property agent informed us that the seller will only proceed if we appoint the agent's preferred conveyancers as they need a ‘quick sale’. Our preferred option is to instruct a family solicitor accustomed to conveyancing in Hemel Hempstead
It is unlikely the owners are driving this. If they desire ‘a quick sale', alienating a motivated purchaser is is going to put the whole deal at risk. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you intend to instruct your own,trusted Hemel Hempstead conveyancing solicitors - not the ones that will earn their estate agent a commission or achieve conveyancing figures set by head office.
We recently found out that one of the directors of the conveyancing practice handling the purchase conveyancing in Hemel Hempstead is an aunty of the owners that we are buying from. Is this permitted?
As long as there is no conflict of interest this is permitted. Where you are needing mortgage finance then the mortgage company may have a say as many mortgage companies have specific instructions on this. For example for Royal Bank of Scotland -Natwest One as of 11/12/2024, the requirements read as follows :