I am hoping to complete my purchase in Hove next Thursday. My conveyancing practitioner now wants me to supply her with evidence of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the bank. What does the insurance need to cover?
Any lawyer on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 requirements. These obligations are not limited to conveyancing in Hove.
If you had a top tip for selecting a conveyancing solicitor in Hove what would it be?
We would encourage you not to base your choice on the cheapest Hove conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
What is the difference between a licensed conveyancer and conveyancing solicitor in Hove
Two types of professional can do conveyancing in Hove namely CLC regulated conveyancers or solicitors. Both professionals handle the legal services that you need to complete the sale or acquisition of property. Both are obliged to perform Hove conveyancing on similar standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally conducted and that all necessary procedures will be suitably taken.
We are due to move home in April. Should my conveyancing solicitor liaise with the removal company on the day of completion. Incidentally, can you put forward a removal company in Hove. Conveyancing firm was found before I stumbled across this page.
On the afternoon of completion you can collect the keys from the selling agent but this can only occur once the sellers conveyancers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be released. After that you will need to inform the removal men that you are ready to move in. We do not recommend a specific removal organisation but can help you locate a residential property solicitor in Hove or a legal practice that specialises in conveyancing in Hove.
I am close to exchanging contracts on the sale of our home in Hove and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. Any local lawyer would know this is not the case. It does beg the question why the buyers are using a web based conveyancing outfit rather than a conveyancing solicitor in Hove. We have lived in Hove for many years we know of no issue. Is it a good idea to get in touch with our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing firm already. What do they say? 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 ailment)
It has been five months following my purchase conveyancing in Hove took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I was recommended by numerous selling agents in Hove to select a solicitor using your seach tool. What’s the financial upside for Estate Agents to recommend your lawyers over and above a competitor’s?
We don’t make any commission for pointing buyers and sellers in our direction. We thought it would be too underhand a fee because members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
Should I cancel the direct debit for my mortgage with Santander once a completion date for my home sale in Hove has been agreed?
No, you must continue paying any mortgage sums to Santander until the mortgage is discharged out of the proceeds of sale as part of your Hove conveyancing.