Do the conveyancing practitioners that you recommend handle right to buy conveyancing in Newtown?

We work with numerous conveyancing lawyers carrying out right to buy conveyancing You should contact us in order to secure a costs illustration.

Forgive me if this question is silly but I am unseasoned as FTB of a ground floor flat in Newtown. Do I collect the keys to the premises on completion from my solicitor? If so, I will use a High Street conveyancing solicitor in Newtown?

There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the owner’s lawyers, and once they have received this, you should be invited to collect the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.

My conveyancer has informed me that chancel insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Newtown?

The appropriate level of chancel indemnity insurance should be dictated by who your lender. It would differ for example between Accord Mortgages Ltd and Coventry Building Society. Conveyancing lawyers as opposed to members of the public take out such insurances.

We previously selected conveyancers based in Newtown on the RBS solicitor approved list. They have just invoiced me an additional fee for handling the RBS mortgage. Is this a supplemental conveyancing fee set by RBS?

Unfortunately, as long as it is in their Terms and Conditions or estimate then yes your conveyancer can levy a fee for this. This charge is not dictated by RBS but by your Newtown property lawyer. Numerous firms on the RBS panel will charge an ‘acting for lender’ fee but some firms include it on their overall fee.

Will our solicitor be making enquiries about flooding during the conveyancing in Newtown.

Flooding is a growing risk for lawyers carrying out conveyancing in Newtown. Some people will buy a house in Newtown, fully aware that at some time, it may be flooded. However, leaving to one side the physical destruction, if a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or dispose of the property. Steps can be carried out during the course of a house purchase to forewarn the buyer.

Lawyers are not best placed to give advice on flood risk, but there are a numerous searches that may be initiated by the purchaser or by their solicitors which should figure out the risks in Newtown. The standard information sent to a buyer’s solicitor (where the Conveyancing Protocol is adopted) incorporates a standard question of the owner to find out if the premises has ever been flooded. If flooding has previously occurred which is not revealed by the vendor, then a purchaser could issue a compensation claim resulting from an misleading response. The purchaser’s conveyancers will also carry out an enviro report. This should higlight whether there is any known flood risk. If so, additional inquiries will need to be carried out.

I decided to have a survey completed on a property in Newtown in advance of instructing solicitors. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies tend refuse to give a mortgage on a flying freehold home.

It varies from the lender to lender. HSBC has different instructions from Halifax. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Newtown. Conveyancing may be slightly more expensive based on your lender's requirements.

In my capacity as executor for the will of my aunt I am disposing of a property in Newport but reside in Newtown. My conveyancer (based 260 kilometers awayneeds me to sign a stat dec before the transaction finalising. Can you recommend a conveyancing solicitor in Newtown who can witness and place their company stamp on the document?

Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are located in Newtown