The conveyancer who helped my last purchase has quoted just over a thousand pound for fixed fee conveyancing in New Mills. I’m selling a Georgian property for £250,000. Is this overpriced? Is it in excess of what I should be paying for conveyancing in New Mills?
The charges are a little high. Where you are willing to invest time contrasting charges you could get the conveyancing a bit cheaper by as much as £125. On the other hand, you mightlive to regret opting for an a cheaper solicitor. If is important to ensure the conveyancer can also act for your mortgage company. You can use our search tool to choose a New Mills conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in New Mills.
I am close to exchanging contracts on the sale of our home in New Mills and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A local conveyancer would know this is not the case. It does beg the question why the buyers used an internet conveyancing firm rather than a conveyancing solicitor in New Mills. We have lived in New Mills for many years we know of no issue. Should we contact our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing firm already. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
It has been 3 months since my purchase conveyancing in New Mills concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. 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.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. New Mills is the location of the property. Can you offer any opinion?
Flying freeholds in New Mills are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside New Mills you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in New Mills may determine 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 premises.
My step-father has suggested that I use his lawyers for conveyancing in New Mills. Do I follow his recommendation?
No doubt it’s preferable to find a conveyancing practitioner is to seek guidance from friends or relatives who have actually previously instructed the solicitor that you are contemplating using.
My partner and I soon to exchange buying a house in New Mills but as a consequence of wreckage from the recent storms I have agreed compensation from the owner of five thousand pounds taking the form of a adjustment in the price. This was going to be dealt with as part of the conveyancing process yet my mortgage company will not permit this. Should they have been informed?
The conveyancer being on a mortgage company conveyancing panel is duty bound to advise the bank of any variations to the purchase amount. In the event that you did not allow your conveyancing practitioner to report the reduction to your bank then they would have no choice but to disinstructing themselves from representing you and the mortgage company.