My partner’s sister is a conveyancing practitioner. I hope that I will be offered preferential fee for conveyancing, but if not, what level of fees would I typically be looking at for conveyancing in Bedfordshire?
It’s advisable to look for 3 or more like-for-like conveyancing estimates. Make use of our comparison tool on this site. You will notice that estimates seem to contrast greatly but the service one can expect differ between property lawyers as is true with most professions.
I purchased a freehold residence in Bedfordshire but still charged rent, why is this and what is this?
It is rare for properties in Bedfordshire and has limited impact for conveyancing in Bedfordshire but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the generation of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
five months have gone by following my purchase conveyancing in Bedfordshire concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. 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 property 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 opted to have a survey done on a property in Bedfordshire in advance of appointing lawyers. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies may refuse to give a loan on this type of house.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Bedfordshire. Conveyancing will be smoother if you use a solicitor in Bedfordshire especially if they are familiar with such properties in Bedfordshire.
I'm remortgaging my current property to a BTL loan with Clydesdale and I will use the ballance of the raised equity towards a second house. The area we are interested in is Bedfordshire. Will your lawyers be able to act for the two banks and link together the conveyances?
Do use our search tool on this site to be sure that the conveyancers are approved by both mortgage companies. Assuming that they are your solicitor will be able to connect the two deals but you should talk with you conveyancer and communicate your expectations and requirements.
My husband and I are novice buyers - agreed a price, but the property agent told us that the owners will only move forward if we instruct the agent's recommended conveyancers as they need a ‘quick sale’. Our preferred option is to instruct a family solicitor with experience of conveyancing in Bedfordshire
It is unlikely the sellers are driving this. Should the vendor desire ‘a quick sale', taking such a hostile approach to a motivated buyer is going to damage their objectives. Speak to the owners direct and make sure they understand (a)you are keen to buy (b)you are ready to go, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)but you are going to use your preferred Bedfordshire conveyancing lawyers - not the ones that will give their negotiator at the agency a introducer fee or hit his conveyancing figures pre-set by HQ.