Do lawyers ask for money on account when it comes to conveyancing in Walsingham?
If you are buying a property in Walsingham your solicitor will request that you to provide them with monies to cover the the cost of the conveyancing searches. Generally this is asked for to cover the fees of the Local Authority Search. If any deposit is payable against the purchase price then this will be asked for shortly in advance of exchange of contracts. The closing balance that is due should be sent to your lawyer a few days ahead of the day of completion.
Please help - my lawyer advises that lack of building regulations insurance is required on my purchase. What is the level of cover for Walsingham conveyancing?
The right level of lack of building regulations indemnity insurance should be dictated by who your lender. It would differ for example between Nationwide Building Society and Skipton Building Society. Conveyancing lawyers as opposed to members of the public take out such policies.
I have decided to exercise my right to buy my property in Walsingham off the council. I have a mortgage agreed with Lloyds. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Lloyds, you will need to appoint a solicitor on the Lloyds conveyancing panel.
About to purchase apartment in Walsingham. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Walsingham solicitor is on the Barclays conveyancing panel.
My wife and I are selling our house in Walsingham and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any local lawyer would know this is not the case. For the life of me I don't know why the purchasers used an online conveyancing firm rather than a conveyancing solicitor in Walsingham. Having lived in Walsingham for many years we know that this is a non issue. Should we contact our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing firm already. What do they say? You should 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 life insurance to cover that same ailment)
I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a straight forward, no chain conveyancing. Walsingham is the location of the property. Can you offer any guidance?
Flying freeholds in Walsingham are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Walsingham you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Walsingham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
What could I expect to pay for conveyancing in Walsingham?
The total sum charged for Walsingham conveyancing costs will vary significantly from company to company. Given these differences it is particularly necessary for you to find this out when you first instruct a lawyer. You should also consider asking a couple like for like quotes.