I am in the throes of swapping over from my domestic home loan to a Buy to Let Barclays Direct mortgage. I was told by my mortgage that I need a conveyancer as part of the process. I spoke to my former Bedworth conveyancing firm who acted on my behalf when I first bought the premises. The fee calculation supplied of just over five hundred pounds has taken me by surprise as I am not require purchase conveyancing - it’s simply a straightforward remortgage.
The quote is slightly on the expensive side. If you are prepared to invest time comparing prices you may be able to trim some of the cost by perhaps £100 plus VAT. On the other hand, providing that you were satisfied with the conveyancing the firm provided you maycome to rue opting for an an untested solicitor. If is important to be sure the conveyancer can act for Barclays Direct. You can employ our search tool to find a Bedworth conveyancing firm on the Barclays Direct member panel, which can often include conveyancing solicitors in Bedworth.
We were just about to sign contracts for a freehold house in Bedworth. We have hit a snag. Our loan offer with Virgin Money runs out on 18/3/2025 but the sellers are putting forward a completion date of 20/3/2025. Is it possible to extend the mortgage expiry date?
The person best placed to address this concern is your solicitors who is in a position to calculate if they better off negotiating with the mortgage broker, vendor’s solicitors, estate agents or conceivably all parties given what has gone on in your conveyancing as of today.
When can the exchange of contracts occur in sale conveyancing in Bedworth and am I required to be at the solicitors branch?
Where you are round the corner to our conveyancing solicitors in Bedworth you are welcome to attend to sign contracts. However, the firms we recommend supply a nationwide conveyancing service and give as equally detailed and professional a job for you when communicating with you by post or email. The executing of the contract is not the important part. Signing on the dotted line simply enables the solicitor to address the formalities at the appropriate time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Bedworth)to be in the office at the appropriate time.
My wife and I are buying a house in Bedworth. I might seem paranoid but how we can trust a solicitor? At some point we will need to send funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We had appointed solicitors locally in Bedworth on the Kent Reliance solicitor approved list. They have just billed me a supplemental charge for the legal aspects of the Kent Reliance mortgage. Is this an additional conveyancing fee specified by Kent Reliance?
Provided it is contained in their Terms of Engagement or Quote then yes your solicitor is entitled to charge a fee for this. This fee is not set by Kent Reliance but by your Bedworth conveyancing practitioner. Plenty of firms on the Kent Reliance panel will quote ’dealing with mortgage’ fee and others do not.
After weeks of negotiation I have agreed a price on an apartment in Bedworth. My mortgage broker recommended their conveyancers. I paid an advanced payment of £225. A few days later, the lawyer called me to say that they were not on the Lloyds conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Lloyds panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I used Stirling Law a few years ago for my conveyancing in Bedworth. I now require my papers but cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bedworth of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Helen (my wife) and I may need to let out our Bedworth garden flat for a while due to taking a sabbatical. We used a Bedworth conveyancing practice in 2003 but they have since shut and we did not have the foresight to seek any guidance as to whether the lease permits subletting. How do we find out?
Your lease dictates the relationship between the freeholder and you the leaseholder; specifically, it will set out if subletting is banned, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no specific ban or restriction, subletting is allowed. Most leases in Bedworth do not contain subletting altogether – such a provision would undoubtedly devalue the property. In most cases there is simply a requirement that the owner notifies the freeholder, possibly supplying a duplicate of the tenancy agreement.
Bedworth Leasehold Conveyancing - Examples of Queries before Purchasing
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Does the lease contain onerous restrictions? Most Bedworth leasehold apartments will incur a service bill for maintenance of the block invoiced by the landlord. Where you purchase the property you will have to meet this contribution, normally quarterly during the year. This could vary from two or three hundred pounds to thousands of pounds for blocks with lifts and large communal grounds. In all probability there will be a rentcharge for you to pay yearly, ordinarily this is not a large figure, say about £50-£100 but you should to check as on occasion it can be many hundreds of pounds. How much is the ground rent and service charge?