What is your number one tip for choosing a conveyancing solicitor in Claydon
We would encourage you not to go for the cheapest Claydon conveyancing fees. 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.
I have today made my last payment due on my mortgage with HSBC. I assume I don't need a Claydon conveyancer on the HSBC panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your HSBC mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the HSBC mortgage from the register. HSBC, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where HSBC has sent the Land Registry the discharge electronically, and
- HSBC has instructed the Land Registry to do so
I am due to exchange contracts on my flat. I had a double glazing fitted in November 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Nottingham are being problematic. The Claydon solicitor who is on the Nottingham conveyancing panel is recommending indemnity insurance as a solution but Nottingham are insisting on a building regulation certificate. Why do Nottingham have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nottingham have referred the matter to their valuer. The reason why Nottingham may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Should our solicitor be asking questions about flooding during the conveyancing in Claydon.
Flooding is a growing risk for lawyers carrying out conveyancing in Claydon. Plenty of people will acquire a property in Claydon, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or dispose of the property. Steps can be carried out during the course of a house purchase to forewarn the purchaser.
Solicitors are not qualified to impart advice on flood risk, but there are a number of checks that can be initiated by the purchaser or by their lawyers which can figure out the risks in Claydon. The standard property information forms given to a buyer’s lawyer (where the Conveyancing Protocol is adopted) contains a standard inquiry of the vendor to determine whether the property has suffered from flooding. In the event that the property has been flooded in past which is not revealed by the owner, then a purchaser may issue a legal claim for losses resulting from an inaccurate reply. A purchaser’s lawyers will also conduct an environmental report. This should disclose whether there is a recorded flood risk. If so, more detailed investigations will need to be conducted.
How does conveyancing in Claydon differ for newly converted properties?
Most buyers of new build premises in Claydon contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because house builders in Claydon tend to buy the site, 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 used to new build conveyancing in Claydon or who has acted in the same development.
I need to retain a conveyancing solicitor for some conveyancing in Claydon. I have discover a web site which seems to have the ideal solution If there is a chance to get all the legals done via web that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
My plan is to acquire a ground floor apartment in Claydon. Conveyancing solicitor is awaiting, from the vendor, building insurance schedule. This morning I was informed that the vendor needs to send the insurance documents for the flat above also. Why does my property lawyer want to check the insurance for the flat above? Is it strictly necessary? We have been stalled for the previous month…
It is not impossible in leasehold conveyancing in Claydon to find Conveyancing in Claydon in a minority of cases reveals that the lease provides for the tenant's to insure their individual flats as opposed to the landlord insuring the complete block - which is definitely better. You should clarify with your conveyancer but it would appear that your property lawyer is looking to establish that the entire building is insured. Insuring your residence is no help when it comes to rebuilding after a fire if the other flat cannot be reconstructed for lack of insurance.