My wife and I are about to complete on the purchase of a property in Highnam but as a result of damage from the recent storms I have managed to agree recompense from the current proprietors in the sum of three thousand pounds in the form of a adjustment in the price. I had intended this to be dealt with as part of the conveyancing process but Nationwide will not permit this. Should they have been involved?

The conveyancing practitioner being on the Nationwide approved list is required to advise Nationwide of any changes to the purchase price. If you prohibit your conveyancing practitioner to disclose the price change to Nationwide then they would have to discontinue acting for you. In addition, Nationwide and you would have to appoint a new lawyer for your conveyancing in Highnam.

Do commercial conveyancing searches disclose proposed roadworks that could impact a commercial premises in Highnam?

Its becoming the norm that commercial conveyancing solicitors in Highnam will conduct a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Highnam. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Highnam.

For every commercial conveyancing transaction in Highnam it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could result in delays to Highnam commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Highnam.

I was pointed in your direction by numerous selling agents in Highnam to choose a property lawyer using your seach tool. Is there a financial upside for Estate Agents to market your site over another?

We refuse to make any referral fee for pointing buyers and sellers to this site. We thought it would be too underhand a fee because members of the public would think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.

My father has suggested that I instruct his conveyancers in Highnam. Do I take his advice?

There are no two ways about it the ideal way to find a conveyancing lawyer is to seek recommendations from friends or family who have actually experience in using the solicitor you're considering.

I am just shy of a 10% deposit on my house purchase in Highnam , but I am anxious proceed. What can I do?

You can accept a smaller deposit. Most sellers will agree to a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.

You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last moment