My previous solicitor has sent a quote for just over a thousand pound for no completion no fee conveyancing in Ashton Under Lyne. I’m hoping to sell a Edwardian property for £150,000. Is this expensive? Is it in excess of the average fee for conveyancing in Ashton Under Lyne?
The charges are a bit high. Where you are content to invest time comparing prices you might reduce the fees marginally by perhaps £100 plus VAT. That being said, you couldlive to regret opting for an an unknown lawyer. Don't forget to check the solicitor can represent your lender. Do use our comparison tool to select a Ashton Under Lyne conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Ashton Under Lyne.
It is 10 years ago since I acquired my house in Ashton Under Lyne. Conveyancing solicitors have now been instructed on the sale but I am unable to locate my title deeds. Is this a major issue?
Don’t worry too much. Firstly the deeds may be retained by your mortgage company or they could be in the possession of the conveyancers who handled your purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors acquiring up to date copy of the land registers. Nearly all conveyancing in Ashton Under Lyne relates to registered property but in the unlikely event that your property is unregistered it is more tricky but is resolvable.
I had intended to instruct a property lawyer in Ashton Under Lyne for our house purchase. Our financial adviser has since advised us that our mortgage company Bank of Scotland won't deal with them. Why is this not regarded as unfair competition?
Before the recession most banks had a different appetite for risk. Almost all Ashton Under Lyne conveyancing firms would have been on many bank panels. The financial services regulator in 2010 conducted a thematic review into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, lenders have regularly sought more data from law firms concerning their operations and the individuals who work for them as well as establishing certain criteria such a completing on a minimum amount of conveyancing. Many Ashton Under Lyne conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Ashton Under Lyne is amongst the many locations where the conveyancers we recommend are are approved Bank of Scotland.
I am selling our home in Ashton Under Lyne and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. A local conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers are using a factory type conveyancing outfit rather than a conveyancing solicitor in Ashton Under Lyne. Having lived in Ashton Under Lyne for three years we know of no issue. Do we contact our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You must 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)
I am looking for a flat up to £195,000 and found one close by in Ashton Under Lyne I like with open areas and station in the vicinity, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Ashton Under Lyne for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a mortgage that many years will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
I have been pointed in your direction by three or four local property agents in Ashton Under Lyne to locate a solicitor on your site. Is there a financial incentive for Estate Agents to recommend your lawyers over another?
We refuse to give any referral fee for directing people our way. We found it would be just too difficult to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.