Why do I have to pay up front for my conveyancing in Long Ashton?
Where you are retaining lawyers for conveyancing in Long Ashton your solicitor will request that you put them with funds to cover the search fees. Generally this is needed to cover the fees of the Local Authority Search. When the down payment is payable against the purchase price then this will be asked for shortly prior to contracts are exchanged. The final balance that is due will be payable a few days ahead of the day of completion.
Can I be sure that the Long Ashton conveyancing solicitor on the Principality panel is any good?
When it comes to conveyancing in Long Ashton obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the solicitor handling your conveyancing.
I was told four weeks ago that my mortgage has been agreed to by TSB. Is it usual for TSB to only issue the offer once my solicitor in Long Ashton is approved on their conveyancing panel? TSB have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for TSB to deal with your lawyer's application to be on the TSB conveyancing panel. There's no guarantee that your solicitor will be accepted.
After shopping around on the internet I have found a Long Ashton conveyancing practitioner having checked that they are on the Yorkshire BS conveyancing panel. Does my lawyer arrange the survey of the property?
Yorkshire BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Yorkshire BS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Long Ashton postcode. As you are getting a mortgage with Yorkshire BS, you could contact them to see if they have a list of approved surveyors in Long Ashton.
My wife and I have a semi-detached Edwardian property in Long Ashton. Conveyancing lawyer acted for me and Bank of Scotland. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to review 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Long Ashton 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 lenders. You can also question the position with the conveyancing practitioner who conducted the purchase.
How does conveyancing in Long Ashton differ for new build properties?
Most buyers of new build residence in Long Ashton contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Long Ashton usually buy 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 Long Ashton or who has acted in the same development.
Taking into account that I will soon part with hundreds of thousands of pounds on a property in Long Ashton I wish to talk to a lawyer concerning theconveyancing ahead of giving the go ahead to the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer due to be carrying out your conveyancing in Long Ashton.There is no ‘factory style conveyancing’ - each client is unique person, not a file number. The solicitors that we put you in touch with believe that the fees you are provided with for residential conveyancing in Long Ashton should be the amount on the final invoice that you end up paying.
We are in the throes of selling our flat in Long Ashton. Conveyancing solicitors are doing their job but we are being charged an extortionate amount by the freeholder. To date we have forked out £295.50 for a leasehold management information and then a further £134.40 for responses to questions supplied by the buyers lawyer.
Your lawyer will unlikely have any sway over the level of the bill for this information but the typical costs for the information for Long Ashton leasehold premises is £360. When it comes to Long Ashton conveyancing transactions it is customary for the owner to cover the costs. The freeholder or their agents are under no statutory obligation to address these questions most will agree to do so - albeit often at high prices disproportionate to the work involved. Unfortunately there is no legislation that requires fixed fees for administrative tasks. There is no set time frame by which they are obliged to supply the information.