I am searching for value for money property lawyer. Should I go for for a web based conveyancer as opposed to a family Newmarket conveyancing lawyer?

Newmarket is a special area, where neighbourhood experience counts for a lot. The relaxed pace of life has an upside – just not for your home move. The conveyancers that we endorse host exhaustive Newmarket insight with a professional, can doapproach that helps everything runs smoothly. It is a definite plus that they can make use of established connections with financial advisers, local authorities, valuers and counterpart Newmarket conveyancing practices

As someone not used to conveyancing in Newmarket what’s the number one tip you can give me concerning the ownership transfer in Newmarket

Not many law firms shout this from the rooftops but conveyancing in Newmarket or throughout England and Wales is an adversarial experience. Put another way, when it comes to conveyancing there exists lots of opportunity for friction between you and others involved in the home moving process. E.g., the vendor, estate agent and sometimes the lender. Appointing a solicitor for your conveyancing in Newmarket should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the process whose interest is to protect your legal interests and to protect you.

We are witnessing a definite increase in the "blame" culture- someone must be at fault for the process taking so long. We recommend that you must always trust your conveyancer ahead of the other parties in the conveyancing process.

Is it the case that all Newmarket CQS (Conveyancing Quality Scheme) solicitors are on the Principality conveyancing list of approved solicitors?

It is true that some lenders now utilise the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of firms.

We had chosen solicitors locally in Newmarket on the RBS solicitor approved list. They are now charging me an additional fee for the legal aspects of the RBS mortgage. Is this an additional conveyancing fee set by RBS?

As unfair as it may appear, as long as it’s in their Terms of Engagement or Quote then yes your property lawyer is entitled to charge a fee for this. The charge is not set by RBS but by your Newmarket solicitor. Numerous firms on the RBS panel will charge an ‘acting for lender’ fee but plenty of practices include it on their overall fee.

I have instructed a Newmarket lawyer having checked that they are on the Virgin Money conveyancing panel. Does my lawyer arrange the survey of the property?

Virgin Money will need an independent valuation of the property. Your lawyer will not arrange this. Usually Virgin Money will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Newmarket surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.

How does conveyancing in Newmarket differ for new build properties?

Most buyers of new build premises in Newmarket come to us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because builders in Newmarket usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Newmarket or who has acted in the same development.

Taking into account that I will soon spend £400,000 on a house in Newmarket I would like to talk to a solicitor about myhouse move before giving the go ahead to the firm. Can this be arranged?

This is something that we recommend - we would be pleased to talk to you we do not take any clients on without you first talking to the lawyer due to be conducting your property ownership legalities in Newmarket.There is no ‘factory style conveyancing’ - every client is an important individual, not a matter number. The practices that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Newmarket should be the amount on the final invoice that you end up paying.