My previous conveyancer has given a fee calculation of just over a thousand pound for no sale no fee conveyancing in Chorley. I am selling a modern detached home for £200,000. This seems overpriced. Is it in excess of the norm for conveyancing in Chorley?
The estimate does seem marginally overpriced. If you shop around you could trim some of the expense by as much as a hundred pounds. On the other hand, you maycome to regret opting for an an unknown solicitor. If is important to enquire the conveyancer can represent your lender. Do employ our search tool to choose a Chorley conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Chorley.
When does exchange of contracts occur in purchase conveyancing in Chorley and am I required to be at the solicitors branch?
Where you are round the corner to one of the conveyancing solicitors in Chorley you are invited in to sign contracts. However, the lender approved solicitors we recommend offer a countrywide conveyancing service and give just as comprehensive and professional a job for you when communicating with you by post or email. The signing of the contract is not when everything is set in stone. A signed contract simply enables the firm to officially exchange at the appropriate time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Chorley)to be in the office at the appropriate time.
My home in Chorley is up for sale and I have accepted an offer. Will my lawyer have to be on the Principality conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Principality conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.
We are downsizing from our house in Chorley and according to the buyers it appears that there is a risk of it being built on contaminated land. Any local conveyancer would know this is not the case. For the life of me I don't know why the buyers instructed a national conveyancing firm rather than a conveyancing solicitor in Chorley. Having lived in Chorley for many years we know that this is a non issue. Do we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You should check with 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 illness)
I have been on the look out for a flat up to £195,000 and found one round the corner in Chorley I like with amenity areas and railway links in the vicinity, the downside is that it only has 61 years unexpired on the lease. There is not much else in Chorley in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a mortgage that many years may be a potential deal breaker. Reduce the offer by the amount the 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 may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
I was recommended by a number of estate agents in Chorley to locate a property lawyer on your site. What’s the financial inducement for Estate Agents to market your lawyers ahead of a competitor’s?
We don’t offer any referral fee for sending work in our direction. We found it would be just too difficult to pay a commission as a client could 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.