I am obtaining a mortgage with Nat West. I hope to use a Licensed Conveyancer in Newark. Does the Nat West Solicitor panel allow for Licensed Conveyancers?
The Nat West approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
At what point can the exchange of contracts take place for residential conveyancing in Newark and do I need to attend the solicitors branch?
If you are in close proximity to our conveyancing solicitors in Newark you are welcome to come in to sign documents. That being said, the law practices we recommend provide countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when communicating with you electronically. The signing of the sale agreement is not when everything is set in stone. Signing on the dotted line is necessary for the solicitor to exchange contracts when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Newark)to be in the office available at the end of the phone to exchange contracts.
I have a decision in principle. The bank mentioned the loan came with free conveyancing. Does this mean I have to appoint their panel solicitor as I would prefer to use a high street conveyancing solicitor in Newark?
Do check but the the probability is that give you one of their panel solicitors should you take up the "fee-free" deal. Speak to the lender and ask if they allow a cash alternative. Some lenders have previously offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Newark.
My wife and I are selling our house in Newark and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any high street Newark conveyancer would know this is not the case. For the life of me I don't know why the purchasers used a web based conveyancing practice rather than a conveyancing solicitor in Newark. Having lived in Newark for 5 years we know that this is a non issue. Do we contact our local Authority to get confirmation need.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? You should enquire of 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 illness)
three months have gone by following my purchase conveyancing in Newark completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. 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 premises 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.