Souldusing a Hinckley conveyancing practitioner make the legal transfer of property easier?
Generally conveyancing practitioners in your neck of the woods will benefit from strong relationships with your local authority, which could help with your Hinckley conveyancing searches that your conveyancer will require on your transaction. It can only be a plus if they have existing relationships with the Local Land Registry Office your area Hinckley, other conveyancers in the area and Hinckley Estate Agents.
My partner and I are only a couple days away from an exchange on a property in Hinckley and my parents have sent the exchange deposit to my conveyancer. I am now advised that as the deposit has been sent from someone other than me my property lawyer needs to make a notification to my mortgage company. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the lender concerning my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
The conveyancing practitioner is duty bound to check with mortgage company to ensure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only reveal this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
My wife and I have organised the release of further monies on our home loan from UBS as we intend to conduct renovations to our property in Hinckley. Do we need to appoint a bricks and mortar Hinckley solicitor on the UBS conveyancing panel to handle the paperwork?
UBS do not ordinarily require firms on their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the UBS panel.
My wife and I are at the point of looking at houses in Hinckley and I am about to put in an offer. Should I already have a lawyer in place at this point? I intend to finance via a mortgage with UBS.
You should start requesting conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. As you are seeking a mortgage with UBS, make sure you remember to check that your lawyer is on the UBS conveyancing panel.
Skipton have agreed my home loan in principle, my offer on a property in Hinckley has been accepted, what happens next?
Your property agent will want to be advised as to your property lawyer's details (ensure that the solicitors are on the lender’s panel). Call up Skipton or your broker and finalise any relevant documentation. Skipton will instruct a valuer who will get in contact with the selling agent or vendor to book an appointment. Once conducted (assuming no problems) it takes about ten days for the mortgage offer to be issued. Skipton will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Hinckley.
I am intent on selling our house in Hinckley and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A high street Hinckley conveyancer would know that there is no such problem. It does beg the question why the buyers used a nationwide conveyancing firm rather than a conveyancing solicitor in Hinckley. Having lived in Hinckley for six years we know that this is a non issue. Do we contact our local Authority to seek confirmation need.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You should check with 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 health insurance to cover that same illness)
Due to the input of my in-laws I had a survey completed on a house in Hinckley before retaining solicitors. I have been told that there is a flying freehold overhang to the property. Our surveyor has said that some lenders may refuse to give a mortgage on a flying freehold property.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hinckley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hinckley to see if the conveyancing will be more expensive.
I was recommended by three or four local selling agents in Hinckley to locate a conveyancer on your site. Is there a financial upside for Estate Agents to market your services over and above a competitor’s?
We refuse to give any referral fee for sending work to this site. We found it would be just too difficult to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.