We hired a high street solicitor for our conveyancing in Derby recently. Upon checking the fine print I notewe are liable for charges even if our purchase aborts. Should I go with them or select an internet conveyancing brokerage promising no-sale-no-fee conveyancing in Derby?
It is usually a trade off in that if "No Sale No Fee" is offered then the conveyancing charges will tend to be be higher to offset the conveyances that fail to complete. Please beware that such offerings tend not to cover disbursements for example Derby conveyancing search costs.
We note that you have a post code search directory identifying firms on the Yorkshire BS conveyancing panel. Do companies pay you a referral fee if I appoint them for our conveyancing in Derby?
We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Derby.
I am considering applying for a Clydesdale mortgage for purchase of a new build (under development) in Derby with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Clydesdale ?
There is nothing to stop you using your solicitor, but Clydesdale will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
A colleague advised me that if I am purchasing in Derby I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Derby conveyancing searches. It is a large document of more than thirty pages, listing and detailing significant information about Derby around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Derby Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information concerning Derby.
My wife and I own a semi-detached Georgian property in Derby. Conveyancing practitioner represented me and Coventry Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the exact same address. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Derby and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with your conveyancing lawyer who conducted the purchase.
I pay a maintenance contribution for my flat in Derby. As a result of poor financial planning I slipped behind with remittance. The freeholders agreed a payment schedule but there remains two currently outstanding.
I want to sell and I am concerned this can threaten to derail the sale if I have to discharge the amount due in advance. I'd like to sell up and then pay them back with the completion monies - is this achievable?
You should clarify with the lawyer dealing with your Derby conveyancing but one option could be to arrange for the arrears to be passed to the buyers. The purchase price due would be adjusted to reflect the amount of debt they assume. They would then discharge the arrears after completion of the sale.