The conveyancer who helped my last purchase has quoted £1700 for fixed fee conveyancing in Madeley. I’m hoping to downsize from a Victorian house for £200,000. This seems expensive. Is it above the average fee for conveyancing in Madeley?
The costs illustration is slightly on the steep side. If you shop around you may be able to get the conveyancing a bit cheaper by say £125. On the other hand, you maylive to regret opting for an an untested solicitor. If is important to check the conveyancer can also act for your bank. Do use our comparison tool to find a Madeley conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Madeley.
A friend advised me that if I am purchasing in Madeley I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally included in the estimate for your Madeley conveyancing searches. It is not a small report of more than thirty pages, listing and detailing significant information about Madeley around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Madeley Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful data concerning Madeley.
Me and my brother purchased a terraced Georgian property in Madeley. Conveyancing solicitor 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, another for leasehold with the exact same address. I thought I was buying a freehold how can I check?
You should 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 Madeley and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with the conveyancing practitioner who conducted the purchase.
About to purchase a new build flat in Madeley. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Madeley
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are architect prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan.
We're FTB’s - had an offer accepted, yet the agent advised that the owners will only issue a contract if we use the agent's chosen lawyers as they want an ‘expedited deal’. My instinct tells me that we should use a high street solicitor who is accustomed to conveyancing in Madeley
We suspect that the owner is unaware of this requirement. Should the seller require ‘a quick sale', taking such a hostile approach to a motivated buyer is counter productive. Avoid the agents and go straight to the owners and make the point that (a)you are genuine buyers (b)you are excited to move forward, with finances in place © you are chain free (d) you wish to move quickly (e)however you will continue to use your own,trusted Madeley conveyancing solicitors - not the ones that will provide the negotiator at the agency a kickback or achieve conveyancing targets set by HQ.
I am thinking of using an online property lawyer ahead of a Madeley conveyancing practice. Any advice?
Various benefits exist in having the option pop in to a local Madeley conveyancing solicitor such as
- signing papers on short notice
- having one on one explanations of things that need explaining
- the ability to raise concerns if things are not going as expected
When checking fees, look carefully for hidden extras. The majority decent Madeley high street solicitors give an all-inclusive figure. Often online companies appear to offer cheap fees, but have hidden 'extras' in the small print.