I am buying a house mortgage free in Durham. I have been living for the last dozen years in Durham. Conveyancing searches are expensive. As I know the road and vicinity very well must I have all the conveyancing searches?
Provided that you do not need a mortgage, then all but one or two of the Durham conveyancing searches are non-obligatory. Your lawyer will ’encourage you, no-doubt strongly, that you should have searches carried out, but he has a professional duty to take that path of encouragement . One thing to bear in mind; if you are likely to dispose of the house at a future date, it will be of interest to your future buyer what the searches disclose. On occasion houses with functional issues can still show up unexpected search results. A competent conveyancing solicitor in Durham will be able to give you some helpful advice in this regard.
Do lawyers ask for an advanced payment for my conveyancing in Durham?
If you are buying a property in Durham your lawyer will ask you put them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any down payment is payable against the sale price then this should be needed immediately prior to exchange of contracts. The final balance that is needed will be payable a few days ahead of the completion date.
2 months have elapsed since my purchase conveyancing in Durham concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. 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 asset 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.
Am I better off to go with a Durham conveyancing practitioner in close proximity to the house I am hoping to buy? An old friend can perform the conveyancing however his firm is located over three hundred kilometers drive away.
The primary upside of using a local Durham conveyancing firm is that you can drop in to sign documents, deliver your identification documents and pester them where appropriate. They will also have local knowledge which is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and in the main were impressed that should outweigh using an unknown Durham conveyancing solicitor just because they are based in the area.
What do I do if I am dissatisfied with the conveyancer who did my conveyancing in Durham?
Occasionally the level of service you receive is not as you expect, and is is a fact of life that every so often things do go wrong. However there is recourse where you were dissatisfied with your conveyancing in Durham. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their governing body. If you remain aggrieved you may consider enlisting the help of the Legal Ombudsman.