We hired a high street solicitor for our conveyancing in Bawtry last week. Looking through the terms of engagement I noteI am liable for costs even if our purchase doesn't happen. Should I go with them or instruct an internet firm promising no-sale-no-fee conveyancing in Bawtry?
It is usually a trade off in that if "No Sale No Fee" is advertised then the fee levels will generally be uplifted to offset those transactions that fail to complete. Do bear in mind that such deals rarely cover expenses e.g. Bawtry conveyancing search charges.
Is there a reason why leasehold purchase conveyancing in Bawtry costs more?
The conveyancing costs for a leasehold property in Bawtry is often more expensive than on a freehold residence. This is because there is an amount of extra investigations required in communicating with the landlord and management company to collate the evidence about whether the rent and service fee have been paid and whether there are any large sums expected to be spent in the foreseeable future on repairs or maintenance of the building.
It has been 4 months following my purchase conveyancing in Bawtry completed. I have checked the Land Registry website 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 premises 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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Bawtry is where the house is located. What do you suggest?
Flying freeholds in Bawtry are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bawtry you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bawtry 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 property.
I am downsizing from my property. My past conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Bawtry if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Bawtry. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.