We were about to instruct a conveyancing solicitor in New Inn endorsed by you but have come across alternative quotes on the internet appear less pricey – why is this?

There are plenty of websites promoting pretending to offer cheap conveyancing, but additionalcharges result in the final fee mounting up beyond all recognition. Solicitors ought to ensure costs set out in terms of engagement should be honest and reasonable raised The solicitors that we put forward for conveyancing in New Inn clearly state all costs for the property you intend tobuy.

Do I need to pop into the offices of the solicitor to execute the legal charge? If so, I will instruct a firm who offer conveyancing in New Inn so that I can pop in to their offices if necessary.

As opposed to ten years ago, most banks no longer require their conveyancing panel solicitor to witness the borrowers signature. It will still be necessary for you to supply identification documents and there are still manifest advantages to instructing a locally based ayer, in your situation a conveyancing solicitor in New Inn.

My partner and I are downsizing from our home in New Inn and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any high street New Inn conveyancer would know this is not the case. It does beg the question why the buyers instructed a nationwide conveyancing firm rather than a conveyancing solicitor in New Inn. Having lived in New Inn for many years we know of no issue. Should we get in touch with our local Authority to obtain confirmation that there is no issue.

It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)

Are there restrictive covenants that are commonly picked up as part of conveyancing in New Inn?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in New Inn. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I acquired a 1 bedroom flat in New Inn, conveyancing having been completed 1995. Can you work out an approximate cost of a lease extension? Similar flats in New Inn with a long lease are worth £165,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease runs out on 21st October 50

With just 50 years remaining on your lease the likely cost is going to be between £36,100 and £41,800 plus professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.