I am buying a new build flat in Harlech. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Harlech you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Harlech.
A colleague recommended that where I am buying in Harlech I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Harlech conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Harlech around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Harlech Education with maps and statistics, Local Amenities and other useful data regarding Harlech.
It has been 3 months since my purchase conveyancing in Harlech completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. 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 asset 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 Harlech differ for newly converted properties?
Most buyers of new build premises in Harlech contact us having been asked by the developer to sign contracts and commit to the purchase even before the house is built. This is because new home sellers in Harlech usually buy the site, 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 conveyancing solicitors 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 accustomed to new build conveyancing in Harlech or who has acted in the same development.
I have been pointed in your direction by numerous estate agents in Harlech to select a property lawyer using your seach tool. What’s the financial advantage for Estate Agents to recommend your site over and above another?
We refuse to give any financial incentive for pointing buyers and sellers to this site. We found it would be just too difficult to pay a commission because members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
What could I expect to pay for conveyancing in Harlech?
The amount you are levied for conveyancing in Harlech will differ significantly from lawyer to lawyer. This makes it is particularly important that you find this out before you choose a lawyer. It is advisable to find two or more quotes.