Our family lawyer has quoted £995 for fixed fee conveyancing in Hay On Wye. I’m looking to sell a Victorian property for £300,000. Is this too much? Is it in excess of the norm for conveyancing in Hay On Wye?

The quote is slightly on the steep side. Where you are prepared to invest time comparing prices you may be able to get the conveyancing a bit cheaper by perhaps a hundred pounds. On the other hand, you maycome to rue choosing an an untested lawyer. Remember to be sure that the solicitor can also act for your bank. You can employ our search tool to get a quote a Hay On Wye conveyancing company on the lender’s conveyancing panel which can often include conveyancing solicitors in Hay On Wye.

My bid for a property was accepted at auction in Hay On Wye. Conveyancing is necessary. What is next?

Given that you are now exchanged you will need to instruct a conveyancing practitioner quickly as you will have a tight deadline in which to complete the conveyancing. All auction property will ordinarily have a corresponding legal set of papers. This will likely include evidence of title and search results. Where you are dealing with leasehold premises the conveyancing pack should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to leasehold premises. You should hand this to the lawyer working for you as soon as possible. Do make sure that your finances are organised to complete the transaction on the set completion date.

is it true that all Hay On Wye solicitors on the Skipton conveyancing panel are regulated by the Solicitors Regulatory Authority?

As solicitors, in order to be on the Skipton approved list of solicitors they would need to be overseen by the SRA. The majority of mortgage companies do permit licenced conveyancers on their panel and in that case the practice would be governed by the CLC.

I currently have a mortgage with Principality for my property in Hay On Wye. Conveyancing has been completed some time ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Principality?

You must advise Principality prior to letting out your property as this is likely to be a breach of Principality’s mortgage conditions. It may be that Principality will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Principality directly. It should not be necessary to do this via a Principality conveyancing panel firm.

My friend recommended that if I am buying in Hay On Wye I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

This is a search is usually included in the estimate for your Hay On Wye conveyancing searches. It is a large report of about 40 pages, listing and setting out significant information about Hay On Wye around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Hay On Wye Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Hay On Wye Education with maps and statistics, Local Amenities and other useful information regarding Hay On Wye.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Hay On Wye. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Hay On Wye

The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are surveyor prepared.

I have been informed by numerous friends to expect 6-8 weeks for Hay On Wye conveyancing to complete.This was four weeks ago. The draft contract was only forwarded from the vendors conveyancer a couple of days ago so now does it countdown?

There is no official countdown for conveyancing in Hay On Wye, or any location. You just have to ensure that your finances are in order and in due course the rest will come together.