I selected a local solicitor for our conveyancing in Raglan yesterday. Going through the terms of engagement I notewe are responsible for fees even where the conveyance does not complete. Should I ditch them and instruct a web based conveyancing brokerage offering no completion no cost conveyancing in Raglan?
Generally there is a concession along the lines that if "No Completion No Fee" is advertised then the fee levels will tend to be be uplifted to cover those transactions that do not proceed. You should be mindful that these arrangements generally do not cover disbursements e.g. Raglan conveyancing search fees.
I am acquiring a newly built duplex in Raglan and my lawyer is telling me that she is duty bound to the bank to reveal incentives from the seller. I am nearing the developer’s deadline to sign contracts and I don't want to delay the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I am downsizing from our house in Raglan and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any high street Raglan conveyancer would know this is not the case. For the life of me I don't know why the purchasers instructed a web based conveyancing firm rather than a conveyancing solicitor in Raglan. We have lived in Raglan for three years we know that this is a non issue. Should we get in touch with our local Authority to seek confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. What do they say? You should check with 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 life insurance to cover that same sickness)
I have been on the look out for a leasehold apartment up to £235,500 and found one near me in Raglan I like with a park and railway links nearby, however it's only got 51 years on the lease. I can't really find anything else in Raglan for this price, so just wondered if I would be making a grave error buying a short lease?
Should you need a home loan the remaining unexpired lease term will likely be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this.
I need to retain a conveyancing solicitor for remortgage conveyancing in Raglan. I have stumble across a site which appears to be the ideal solution If it is possible to get all formalities completed via phone that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Why is New Build conveyancing in Raglan more expensive?
Purchasing a brand new property is completely distinct from the normal house buying conveyancing in Raglan. For a start housebuilders usually demand contracts to exchange within a tight deadline, the result being a lot of pressure on your lawyer to make sure everything is in order. In addition new build properties often involve examination of adoption of highways, drains, planning considerations, building warranties or architects certificates. Lenders requirements are also more demanding. Given the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.