I went with a Old Town based firm for my conveyancing in Old Town yesterday. Upon checking the official terms of business I noteI am responsible for fees even if the dealdoes not happen. Should I ditch them and appoint an on-line conveyancing brokerage advertising no completion no cost conveyancing in Old Town?

It is usually a trade off in that if "No Sale No Fee" is available then the fee levels will tend to be be uplifted to counteract those conveyances that abort. Dont forget that these promotions rarely protect you from outlay for instance Old Town conveyancing search expenses.

We are due to move property in April. Does my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you suggest a removal company in Old Town. Conveyancing lawyer was found prior to coming across your page.

On the day of completion you will need to collect the house keys from your property agent but this can only happen when the previous owners solicitors inform the agent that they acknowledge receipt of the completion payment and the keys can be handed over. Subsequently you will need to tell the removal men that you are ready to move in. As a matter of policy we do not recommend a particular removal organisation but can help you locate a residential property solicitor in Old Town or a solicitor with expertise in conveyancing in Old Town.

I am the single recipient of my late mum's estate with all property in now in my sole name, including the my former home in Old Town. Conveyancing formalities meant that the Land Registry date was in December. I now wish to sell up. I understand that there is a CML 6 month 'rule', meaning my proprietorship will be considered the same way as though I had purchased the house in December. Is the property unsalable for six months?

The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be impacted by that. How sensible a view lenders take of it, depend on the bank as this requirement is primarily there to capture subsales or the flipping of property.

I can not work out if my bank requires a lease extension. I have called into my local Old Town building society branch on various occasions and was told they are content with the situation and they would lend. My Old Town conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they will not lend based on their published requirements. I simply don't know who is right.

As long as the conveyancing practitioner is on the bank approved list, they must comply with the CML Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.

I require expedited conveyancing in Old Town as I am faced with an ultimatum to exchange contracts within one month. Thankfully I do not need a mortgage. Can I decline from having conveyancing searches to save money and time?

If.Given you are are a cash purchaser you are at free not to have searches conducted although no conveyancer would recommend that you don't. With lots of history conveyancing in Old Town the following are instances of issues that can show up and adversely impact market value: Enforcement Notices, Overdue Fees, Outstanding Grants, Road Schemes,...

We're FTB’s - agreed a price, but the agent has warned us that the seller will only issue a contract if we use the agent's preferred lawyers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a local solicitor with experience of conveyancing in Old Town

We suspect that the seller is unaware of this demand. Should the seller require ‘a quick sale', alienating a motivated purchaser is not the way to achieve this. Contact the sellers directly and make the point that (a)you are serious buyers (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)but you will continue to use your own,trusted Old Town conveyancing lawyers - as opposed tothose that will earn their negotiator at the agency a referral fee or meet his conveyancing figures demanded by head office.

I am in need of some leasehold conveyancing in Old Town. Before I set the wheels in motion I require certainty as to the number of years remaining on the lease.

Assuming the lease is recorded at the land registry - and most are in Old Town - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Old Town Leasehold Conveyancing - A selection of Queries before buying

Best to be warned if window replacement or some other major work is due shortly that will be shared amongst the leaseholders and may well dramatically increase the the maintenance costs or result in a one off payment. Where a Old Town lease has less than eighty years it will have adverse implications on the marketability of the property. Check with your mortgage company that they are willing to lend given the lease term. Leases with less than 80 years remaining means that you will almost definitely require a lease extension at some point and it is worth finding out what this would cost. For most Old Townlease extensions you will need to own the premises for two years in order to be entitled to extend the lease. This question is useful as a) areas can result in problems for the building as the common areas may start to deteriorate where services remain unpaid b) if the tenants have an issue with the managing agents you will wish to have full disclosure