I selected a local solicitor for our conveyancing in Mayfield today. Upon checking the official terms of business I seeI am liable for costs even if the movedoes not go ahead. Should I ditch them and appoint a web based lawyer offering no-sale-no-fee conveyancing in Mayfield?
Generally there is a compromise along the lines that if "No Sale No Fee" is available then the conveyancing charges will generally be more expensive to counteract the transactions that fail to complete. Also remember that such promotions generally do not protect you from expenses such as Mayfield conveyancing search expenses.
What is the optimum way to check that the solicitor carrying out my conveyancing in Mayfield is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Accord Mortgages Ltd thus spending £187.00 plus VAT in further legal charges.
Please do make use of the search tool on this site. Pick the lender and type ‘Mayfield’ or your preferred area and you will see a number of lawyer based in Mayfield or nearest you.
It has been five months since my purchase conveyancing in Mayfield completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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 asset 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.
I am looking for a leasehold apartment up to £305k and identified one round the corner in Mayfield I like with a park and railway links in the vicinity, however it only has 49 remaining years left on the lease. There is not much else in Mayfield for this price, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage the remaining unexpired lease term will likely be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
What do I do if I am not happy with the solicitor who carried out my conveyancing in Mayfield?
Occasionally the level of service you receive is not as you expect, and is is a fact of life that occasionally things do go wrong. Nevertheless there is recourse if you were unhappy with your conveyancing in Mayfield. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their regulator. If things still aren’t resolved you may consider enlisting the help of the Legal Ombudsman.