The solicitor who assisted with my previous purchase has given a fee estimate £1700 for freehold conveyancing in Ashbourne. I’m selling a purpose built house for £175,000. Is this over the top? Is it in excess of the average fee for conveyancing in Ashbourne?
The charges are a tad high. Where you are happy to expend time scrutinising fee on a like for like basis you may be able to get the conveyancing a bit cheaper by perhaps £100 plus VAT. On the other hand, you couldcome to rue choosing an an untested conveyancer. Don't forget to check that the solicitor can act for your lender. You can use our comparison tool to select a Ashbourne conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Ashbourne.
Our son is purchasing a newly built flat in Ashbourne with a mortgage from TSB. His conveyancer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The document is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the TSB conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the TSB conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We wanted to use a property lawyer in Ashbourne for our house move. Our financial adviser informed us that our mortgage company Godiva Mortgages Ltd won't deal with them. Why is this not regarded as unfair competition?
Mortgage Companies on the whole restrict either the type or the volume of conveyancing firms on their member panel. A common example of such restriction(s) being that a firm must not be a sole practitioner. In addition to restricting the profile of firm, a few banks have limited the amount of firms they allow to represent them. Be aware that Godiva Mortgages Ltd have no responsibility for the quality of advice provided by any member of Godiva Mortgages Ltd Conveyancer Panel. Mortgage fraud was a key driver in the reduction of solicitor panels a few years ago even though there are differing opinions about the extent of solicitor engagement in some of that fraud. Statistics from the Land Registry indicate that hundreds of law firms, including some in or near Ashbourne only carry out very few conveyances per annum.
We are buying a property and the conveyancer has referenced Chancel Repair for which the house could be liable because it falls into the area of such a church. She has recommended insurance. Is this really required for conveyancing in Ashbourne
Unless a previous acquisition of the property took place after 12 October 2013 you can assume that conveyancing practitioners handling conveyancing in Ashbourne to continue to suggest a chancel search and or chancel repair liability insurance.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. Ashbourne is the location of the property. Can you shed any light on this issue?
Flying freeholds in Ashbourne are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ashbourne you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ashbourne may decide 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.
I'm buying a bungalow in Ashbourne. I can find my conveyancer's company on the CLC list, but I can't see my lawyer's name as listed on the regulator's website. Is this a big problem?
Not every individual in the practice must be listed by the regulator. As long there is someone qualified to 'oversee' the work, the actual day-to-day activity can be conducted by unqualified staff.