Willappointing a Dorchester conveyancing lawyer make my purchase more efficient?
Existing third party connections is an important consideration when choosing conveyancing solicitors. Dorchester law firms often have long term relationships with mortgage brokers and estate, local authorities, valuers and other conveyancing firms meaning you will move in shortest possible time. Hosting a sound knowledge of the local area is also a plus .
My husband and I are acquiring a brand new apartment in Dorchester and my conveyancer is telling me that she is duty bound to the lender to disclose incentives from the seller. I am under pressure to exchange and I don't want to delay the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Dorchester. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 1/11/2025, the requirements read as follows :
It has been four months following my purchase conveyancing in Dorchester concluded. 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.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a straight forward, chain free conveyancing. Dorchester is where the house is located. Can you offer any assistance?
Flying freeholds in Dorchester are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Dorchester you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dorchester 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.
Do I need to be concerned by estate agents that I am dealing with are suggesting an online conveyancing firm rather than a High Street Dorchester conveyancing company?
As with lots of professional services, often input from relatives can be extremely useful or valuable. But there are many players in a conveyancing transaction; estate agents, mortgage brokers and mortgage companies may recommend solicitors to use. On occasion these lawyers might be known to one of the organisations as one of the best in their field, but sometimes there behind the scenes financial incentive behind the endorsement. You have the discretion to appoint your own lawyer. However, bear in mind that most mortgage providers have an approved list of conveyancers you must use for the lender aspect of your house move.