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Conveyancing in Ferryhill Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/10/17

Read about Ferryhill ;

Motorists are well served with Ferryhill being well placed with very good motorway access roughly three miles of the A1M Junction 61 Southbound.

Ferryhill's closest station is Newton Aycliffe. Darlington, Durham Tees Valley Airport is 13 miles from Ferryhill. Newcastle Airport is 25 miles and Darlington Airport is 13 miles away.

Sedgefield Community is the most convenient hospital for Ferryhill.

Q.

How do I find a discount conveyancing quote?

A.

This topic catches out many home owners, and can leave them paying far more in conveyancing fees than they budgeted. Many law firms purport to offer so-called cheap conveyancing. Often extra costs are often hiding in small print, left unregarded by busy home owners Fees listed in the solicitor's terms ought to be fair. The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are buying.

Q.

Should we be nervous about gazumping?

A.

The convention of choosing to reject an accepted offer on a property when a better one is made by another buyer is referred to as gazumping. There is almost always a risk of being gazumped. Instructing a conveyancing solicitor as soon as possible to handle your transaction should help to reduce the likelihood of gazumping.

Q.

My mortgage lender will be Holmesdale Building Society, is there anything I need to be aware of?

A.

Some lenders are now reducing the size of their 'solicitor panel', which may result in increased conveyancing costs for purchasers. We will act on behalf of many CML-approved lenders.

Q.

Will a property report compiled by the Ferryhill conveyancing solicitor give information the applicable rates of the council tax on a Band G building prior to completing on the purchase?

A.

The lawyer will write to the council to ascertain the current council tax rates, which will subsequently be added to the title report. The correct rates for properties in Ferryhill are set out in detail at the council site.

Q.

How might the purchase conveyancing process take such a long time? Isn't it a simple matter of filing paperwork?

A.

Conveyancing can suffer all manner of setbacks. Homeward Legal understand that these can cause considerable stress and endeavour to diminish their effect by using fast search providers.

Q.

What average time should it take my conveyancer to exchange all of the legal process for a semi detached period home we are buying?

A.

Completion can take anywhere from one month to 12 weeks, which can be affected by a number of factors e.g. the efficiency of the vendor's conveyancer, or the speed of the lender.

Q.

Has nickel (Ni) ever contaminated land in Ferryhill?

A.

Ferryhill and the surrounding region has a legacy of chemical contamination. Land may also be contaminated by other sources, including groundwater contaminants like oil.

Q.

Should we choose the conveyancing solicitor suggested by our estate agent?

A.

Many estate agents have arrangements with solicitors whereby they refer conveyancing work to them. However, if they are paid a referral fee, some agents may 'recommend' whichever firm pays the most per referral, not the law firm with the best reputation.