Various online forums that I have come across warn that are the number one cause of delay in Mancot conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of delays during the legal transfer of property. Searches are not likely to be the root cause of holding up conveyancing in Mancot.
Me and my brother have a terraced Edwardian house in Mancot. Conveyancing practitioner represented me and Virgin Money. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Mancot and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with the conveyancing solicitor who carried out the work.
I was pointed in your direction by a number of estate agents in Mancot to locate a property lawyer using your seach tool. Is there a financial incentive for Estate Agents to recommend your lawyers rather than a competitor’s?
We don’t offer any referral fee for directing people in our direction. We thought it would be too underhand a fee as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
In sourcing the web for the term on line conveyancing in Mancot it shows results of numerous property lawyerslocally. With so much choice what is the best way to find the suitable property lawyer for me?
The ideal way of seeking a suitable conveyancer is through a personal recommendation, so ask friends and relatives who have bought a property in Mancot or the local estate agent or financial adviser. Fees for conveyancing in Mancot differ, so it's sensible to request at least four quotes from different solicitors. Dont forget to clarify that the fees are fixed.
Midway through the sale of a leasehold flat in Mancot. Conveyancing solicitors are doing their job but we are being charged a fortune from the landlord. So far we have forked out £237 for a leasehold management information and then a further £200 plus VAT for answers to questions raised by the buyers conveyancer.
Neither you or your solicitor will have any say over the extent of the bill for this information however the typical fee for the information for Mancot leasehold premises is £395. When it comes to Mancot conveyancing transactions it is standard for the vendor to pay for these charges. The landlord or their agents are under no legal obligation to address such questions most will be content to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Regretfully there is no law that requires fixed fees for administrative tasks. There is no prescriptive time frame by which they are duty bound to provide the information.