In the event thatI was to acquire a freehold housein Sunbury for cash and have no survey and no conveyancing searches how much would I expect to have to pay for conveyancing in Sunbury?
Any savings you would achieve will be limited to the Sunbury conveyancing searches. A conveyancer is required to do the vast majority of work - money laundering, communicating with your vendors lawyer, stamp duty submission, register the property etc. You might save a bit for them not having to register a mortgage however it will not be significant.
Can you explain why leasehold purchase conveyancing in Sunbury is more expensive?
Sunbury leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
I require fast conveyancing in Sunbury as I am faced with pressure to exchange contracts within one month. Thankfully I do not require a mortgage. Can I escape the need for conveyancing searches to save fees and time?
As you are not taking a home loan you have the choice not to do searches although no conveyancer would advise that you don't. Drawing on years of experience of conveyancing in Sunbury the following are examples of issues that can show up and therefore affect future mortgageability: Enforcement Actions, Outstanding Charges, Overdue Grants, Road Schemes,...
My husband and I are one month into a leasehold purchase having been referred to a firm by the local agent to execute conveyancing in Sunbury. We are not happy. Can you help me find new conveyancers?
A lawyer would need to be very poor to suggest replacing them. Has the mortgage been generated? If so you will need to advise them of the new lawyer and get the offer are re-sent. The solicitor ideally should be on the banks panel to avoid escalating costs and delays. So that should be your first question of the new solicitors. Our search tool will help you find a lender approved solicitor for your conveyancing in Sunbury
Myself and my fiance have recently had an offer agreed on a apartment and had meeting on Tuesday with HSBC for the mortgage. They warned us that when it comes to selecting a solicitor that unless they are on their approved list of property lawyers then we will be subject to an an extra fee of £250+. This is because they will then have to select a solicitor to act for them in addition to the one we choose to act on our behalf and we assume responsibility for their costs. I have requested HSBC to supply me with a list so I can seek estimates only from their approved solicitors but was told that I need to check with each individual lawyer to see if they are on the panel. What would be the best way of going about this?
You can enquire of HSBC what their panel criteria is for a solicitor.Then ask the conveyancing practitioner of your choice whether they meet the criteria and have they acted on loans for HSBC historically. Where the answer to those is yes, then just double check with HSBC. Alternatively please make use of our search facility and we should be able to identify a property lawyer in Sunbury on the panel for HSBC.