At long last a mortgage offer from Nationwide for the remortgage of my single bedroom flat is expected within the next few days. Are you able to recommend a low cost conveyancing practitioner in Westbury?

You are on the wrong site if you are in need of cut-price fees for conveyancing in Westbury. We can offer you value for money conveyancing but we do not work with the cheapest lawyers. Resist the temptation to appoint organisations offering the bait of low cost conveyancing in Westbury. In your best case scenario, in choosing a lawyer for low cost conveyancing, you will get your money’s worth and at worst it will result in you paying a lot in additional fees and still not get the service required.

In what way does my ID and proof of funds have anything to do with my conveyancing in Westbury? Why is this being asked of me?

It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Westbury. Nowadays you will not be able to proceed with any conveyancing transaction if you have not providing proof of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a bank statement. Please note that if you are providing your driving licence as evidence of identification it must be both the paper part and photo card part, one is not acceptable in the absence of the other.

Proof of your origin of monies is necessary in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your lawyer will need to retain this information on file. Your Westbury conveyancing lawyer will require evidence of proof of funds before they are able to accept any funds from you into their client account and they will also ask further questions regarding the origin of monies.

five months have gone by since my purchase conveyancing in Westbury concluded. I have checked the Land Registry website which shows that I paid £150,000 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 residence 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 inherited a split level flat in Westbury, conveyancing was carried out 3 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Westbury with a long lease are worth £165,000. The average or mid-range amount of ground rent is £45 levied per year. The lease expires on 21st October 50

With just 50 years left to run we estimate the price of your lease extension to span between £36,100 and £41,800 plus professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.

I see that you have a search directory listing solicitors on the bank conveyancing panel. Do Westbury conveyancing companies pay you a referral fee if I retain them for my own conveyancing?

We are a listing service only for law firms wishing to communicate if they are on the bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Westbury.