Just been in touch with my conveyancing solicitor in Hurstpierpoint who acted for me two years ago requesting a conveyancing quote based on an identical type of home move (a leasehold residence and a freehold property) of almost identical values with a loan from The Royal Bank of Scotland. I am now being charged double. Should I look for an alternative property lawyer?
The estimate fees are a bit high. If you you were to look around you may be able to trim some of the cost by say £100 plus VAT. That being said, assuming were pleased with the service the firm gave you couldlive to regret opting for an a cheaper lawyer. If is important to check that the solicitor can act for The Royal Bank of Scotland. Do employ our search tool to locate a Hurstpierpoint conveyancing firm on the The Royal Bank of Scotland conveyancing panel, which can often include conveyancing solicitors in Hurstpierpoint.
It is 10 years ago since I purchased my home in Hurstpierpoint. Conveyancing lawyers have just been appointed on the sale but I can't track down the deeds. Will this jeopardise the sale?
Don’t worry too much. First there is a possibility that the deeds will be with the lender or they may be in the possession of the solicitor who oversaw the purchase. Secondly the likelihood is that the land will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers acquiring up to date copy of the land registers. Almost all conveyancing in Hurstpierpoint involves registered property but in the rare situation where your home is unregistered it adds to the complexity but is resolvable.
How does conveyancing in Hurstpierpoint differ for newly converted properties?
Most buyers of new build premises in Hurstpierpoint contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Hurstpierpoint tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Hurstpierpoint or who has acted in the same development.
I have been on the look out for a flat up to £305k and identified one close by in Hurstpierpoint I like with a park and railway links in the vicinity, however it's only got 52 years on the lease. I can't really find anything else in Hurstpierpoint in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you need a home loan that many years will likely be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
I was pointed in your direction by a couple of local property agents in Hurstpierpoint to locate a solicitor using your seach tool. What’s the financial inducement for Estate Agents to promote your services rather than a competitor’s?
We don’t give any referral fee for pointing buyers and sellers in our direction. We found it would be just too difficult a fee as a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.