Having been recommended your organisation we were going to appoint conveyancing solicitor in Benton endorsed using your search tool but stumbled across some other costs illustrations on the internet seem less expensive – how come?
There are many firms of conveyancing outfits offering theoretically looks to be very low prices. Our advice is to think long and hard as to how important this transaction is to you that want to take 'cheap' risks with regard to the standard of the legal work. Many of them list a bargain quote as a headline but plant supplemental costs in the small print..
I am close to exchanging contracts on the sale of our house in Benton and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A high street Benton conveyancer would know this is not the case. It does beg the question why the purchasers are using a web based conveyancing outfit rather than a conveyancing solicitor in Benton. We have lived in Benton for six years we know that this is a non issue. Should we contact our local Authority to obtain clarification need.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You should 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)
Me and my brother own a 4 bedroom Georgian house in Benton. Conveyancing lawyer represented me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold with the exact same address. I'd like to know for sure, how can I find out??
You should 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 Benton and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with the conveyancing solicitor who conducted the purchase.
I have been on the look out for a flat up to £235,500 and identified one close by in Benton I like with open areas and railway links in the vicinity, however it only has 49 years unexpired on the lease. I can't really find anything else in Benton for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a home loan the shortness of the lease will likely be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
I was pointed in your direction by a number of selling agents in Benton to select a property lawyer using your seach tool. Is there a financial incentive for Estate Agents to market your lawyers ahead of another?
We refuse to offer any referral fee for pointing buyers and sellers our way. We thought it would be too underhand a fee because members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
What is the distinction between surveying and conveyancing in Benton?
Conveyancing - in Benton or elsewhere - is the legal term given to transferring legal title of property from one person to another. It therefore includes the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are intending to buy and will help you discover the condition of the building and, if there are problems, give you a powerful reason for negotiating the buying price down or asking the seller to remedy the problems prior to you move in.