Just been in touch with my conveyancing solicitor in Hay On Wye who acted for me two years ago asking for a conveyancing quote based on an identical type of home move (a leasehold property and a freehold premises) of almost identical values with a mortgage from Platform Home Loans Ltd. I am now being quoted double. Am I right to be tempted to shop around for an alternative firm of conveyancing solicitor?

The charges appear a bit high. Where you are happy to expend time contrasting quotes you might decrease the fees slightly by perhaps £100 plus VAT. That being said, providing that you were pleased with the assistance the firm gave you mightlive to rue choosing an an unknown conveyancer. Remember to check that the solicitor can act for Platform Home Loans Ltd. Do employ our search tool to get a quote a Hay On Wye conveyancing firm on the Platform Home Loans Ltd conveyancing panel, which can often include conveyancing solicitors in Hay On Wye.

Can the conveyancing lawyers listed on your site handle conveyancing in Hay On Wye by way of an attended exchange?

We do have a number of conveyancing specialists who can conduct attended exchanges. Do call us to secure a fee calculation and details as to availability.

Is it the case that all Hay On Wye solicitor practices on the Kent Reliance conveyancing panel are overseen by the SRA?

As solicitors, in order to be on the Kent Reliance conveyancing panel they would need to be regulated by the SRA. Many mortgage companies do permit licenced conveyancers on their panel in which case such organisation would be regulated by the CLC.

I have decided to exercise my right to buy my property in Hay On Wye off the council. I have a mortgage offer with Bank of Ireland. Conveyancing is new to me. 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 Bank of Ireland, you will need to appoint a solicitor on the Bank of Ireland conveyancing panel.

After much negotiation I have agreed a price on an apartment in Hay On Wye. My financial adviser pressured me to appoint their lawyer. I paid an upfront payment of £175. A few days later, the property lawyer called me embarrassingly acknowledging that they were not on the Clydesdale conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Clydesdale panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

three months have elapsed following my purchase conveyancing in Hay On Wye completed. I have checked the Land Registry website which shows that I paid £200,000 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 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 today plan to offer on a house that seems to meet my requirements, at a reasonable price which is making it more attractive. I have just been informed that the title is leasehold as opposed to freehold. I am assuming that there are issues buying a house with a leasehold title in Hay On Wye. Conveyancing lawyers have are about to be instructed. Will they explain the issues?

Most houses in Hay On Wye are freehold rather than leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can assist with the conveyancing process. We note that you are purchasing in Hay On Wye so you should seriously consider looking for a Hay On Wye conveyancing solicitor and check that they have experience in transacting on leasehold houses. First you will need to check the number of years remaining. Being a lessee you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example requiring the landlord’sconsent to conduct alterations. It may be necessary to pay a maintenance charge towards the upkeep of the estate where the house is located on an estate. Your lawyer will report to you on the legal implications.

Leasehold Conveyancing in Hay On Wye - Sample of Questions you should consider Prior to buying

Who are the managing agents? Please note if it is no more than eighty years it will impact the salability of the property. It is worth checking with your bank that they are content with remaining years on the lease. A short lease means that you will most likely require a lease extension at some point and it is worth finding out what this would cost. For most Hay On Wyelease extensions you will need to own the property for 24 months before you are entitled to carry out a lease extension. How is the lease structured?