We were about to choose a conveyancing solicitor in New Inn found on your site but have come across some other quotes via the web seem cheaper – why is this?

There are many firms of solicitors promoting so-called cheap conveyancing, yet more often than not extracosts result in the completion fee totally different to the one you expected. In accordance with regulatory requirements charges set out in terms and conditions should be equitable raised The conveyancers that we put forward for conveyancing in New Inn set out all costs for the property you plan topurchase.

Do I have to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in New Inn so that I can pop in to their offices when needed.

Nowadays conveyancing panel lawyers for banks undertake all of the communications through the post, internet or over phone calls. This enables them to conduct the conveyancing transaction regardless of where you live in the country. That being said you should see if you have the option of attending the offices of your conveyancing lawyer if just in case this is required.

We are close to exchanging contracts on the sale of our property in New Inn and according to the buyers it appears 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 buyers used a nationwide conveyancing outfit as opposed to a conveyancing solicitor in New Inn. Having lived in New Inn for many years we know of no issue. Should we contact our local Authority to get clarification that the buyers are looking for.

It sounds as though you may have a conveyancing firm already. What do they say? You need to 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 health insurance to cover that same illness)

Are there restrictive covenants that are commonly identified as part of conveyancing in New Inn?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in New Inn. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I acquired a basement flat in New Inn, conveyancing was carried out 3 years ago. How much will my lease extension cost? Corresponding flats in New Inn with over 90 years remaining are worth £165,000. The ground rent is £45 charged once a year. The lease expires on 21st October 50

With 50 years left to run we estimate the premium for your lease extension to be between £36,100 and £41,800 as well as plus your own and the landlord's "reasonable" professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.