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Conveyancing in Arley Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 08/10/17

Are you thinking of moving to Arley? Practical Arley transport and services details -

The closest station to Arley is Atherstone, around 5 miles away. Birmingham Airport is 7 miles from Arley. Coventry Airport is 11 miles and East Midlands Airport is 25 miles away.

George Eliot Nuneaton is the neighbouring hospital for Arley.

Q.

How do we get low cost conveyancing?

A.

Misleading conveyancing quotes catch out many buyers, leaving them to pay sometimes £100s more than planned. Many law firms promote 'the cheapest conveyancing quotes', however additional charges may be added into small print. Our quotes clearly state the solicitors' fees for a standard conveyancing transaction.

Q.

Is simultaneous exchange and completion a disbursement or fee?

A.

It may be unclear whether an itemised charge is a fee or disbursement. This cost is a fee not a disbursement. It should be included in the quote for your conveyancing.

Q.

Which of the Arley lender panels are you a member of?

A.

The Homeward Legal partnership are able to work with the majority of lenders. A number of mortgage specialists operate in Arley, including Keystone Financial Services, 11 Carnation Way, Nuneaton, CV10 7SR, Imperial Financial Planning, 86 Castle St, Hinckley, LE10 1DD, and Caley Mortgage Services Ltd, Unit 41 Building 9/Bilton Ind Est/Humber Rd, Coventry, CV3 1JL.

Q.

The estate agent we're using in Cawthorne has offered the firm of solicitors whom they usually use. Do we need to use this firm?

A.

Many agents in Cawthorne have referral deals with solicitors whereby they refer conveyancing work to them, however, such referrals must be carefully considered, as there is a risk that an agent may choose the firm which pays to the largest referral fee, not the best value for you.

Q.

We are buying on a former industrial site. Can the top-soil still be contaminated?

A.

Restrictions exist to stop future topsoil contamination, decades after exposure the effect of some contaminants can be felt. Other sources of contaminated land include ammonia.

Q.

When is it appropriate to arrange a conveyancing solicitor to act on our purchase?

A.

With few exceptions, the earlier, the better, as conveyancing involves several tasks that can be carried out very early in the process. Prompt instruction of a conveyancing solicitor to act for you on your Arley transaction can limit the risk of the transaction falling through.

Q.

How do I check if a property is in a conservation area?

A.

Conservation areas define regions of historical or architectural value. The local authority will advise further about local conservation areas, and the conveyancing solicitor handling your purchase will discuss the relevant responsibilities you would be taking on by purchasing in a conservation area.

Q.

Is a Homebuyer Report a good idea when purchasing a property?

A.

It is suggested that purchasers order a building survey. It is a fact that there are a wide range of problems which will impact a property, for example poor drainage, and issues such as these are not likely to be investigated as part of the conveyancing itself.