My wife and I are close to exchanging contracts on the sale of our home in Broseley and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. Any local lawyer would know this is not the case. For the life of me I don't know why the purchasers instructed a national conveyancing firm as opposed to a conveyancing solicitor in Broseley. We have lived in Broseley for three years we know that this is a non issue. Should we get in touch with our local Authority to get confirmation need.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You must 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 health insurance to cover that same ailment)
It has been three months following my purchase conveyancing in Broseley took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. 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 property 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.
How does conveyancing in Broseley differ for newly converted properties?
Most buyers of new build or newly converted property in Broseley come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is completed. This is because builders in Broseley tend to purchase the land, 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 conveyancers 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 Broseley or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a quick, no chain conveyancing. Broseley is where the house is located. Can you shed any light on this issue?
Flying freeholds in Broseley are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Broseley you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Broseley may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I was pointed in your direction by a number of property agents in Broseley to find a property lawyer using your seach tool. What’s the financial incentive for Estate Agents to offer your lawyers rather than another?
We don’t offer any commission for directing people in our direction. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am 3 weeks into a residential purchase having been recommend to conveyancers by the estate agent to execute conveyancing in Broseley. I am am very frustrated with the quality of service. Can you you assist me in finding new lawyers?
A lawyer would have to be really bad to suggest replacing them. Has your mortgage been generated? If so you must inform them of the new lawyer and have the offer are re-issued. Your conveyancer needs to be on the lenders panel to avoid added fees and complications. That should be your first question of the new solicitors. The search tool will help you find a bank approved solicitor for your conveyancing in Broseley