I selected a Bidford On Avon based firm for my conveyancing in Bidford On Avon last week. Looking through the Ts and Cs I seeI am on the hook for charges even if the sale doesn't happen. Should I go with them or select an on-line firm who offer no move no charge conveyancing in Bidford On Avon?
Generally there is a concession along the lines that if "No Sale No Fee" is advertised then the conveyancing charges will tend to be be higher to cover the conveyances that fail to complete. Do bear in mind that such deals generally do not protect you from expenses such as Bidford On Avon conveyancing search costs.
I am the registered owner of a freehold house in Bidford On Avon but still pay rent, why is this and what is this?
It’s unusual for properties in Bidford On Avon and has limited impact for conveyancing in Bidford On Avon 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 have existed for 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 one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
About to place a bid on a leasehold flat in Bidford On Avon. The property agents advise that it is normal for flats in Bidford On Avon to have less than 75 years unexpired on the lease. I am obtaining a mortgage with Platform. Will the property be mortgageable given that the lease has Seventy One years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 28/3/2025 the requirements read as follows :
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Bidford On Avon is the location of the property. Can you shed any light on this issue?
Flying freeholds in Bidford On Avon are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bidford On Avon you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bidford On Avon may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Do I need to be wary by brokers that I am dealing with are suggesting an internet conveyancing firm rather than a High Street Bidford On Avon conveyancing firm?
As with lots of service providers, often suggestions from connections can be most helpful. Nevertheless there are many parties with a keen interest in a conveyancing deal; estate agents, mortgage brokers and mortgage companies may suggest lawyers to appoint. On occasion these lawyers might be known to one of the organisations as experts in their field, but sometimes there is an underlying financial incentive behind the recommendation. You have the discretion to choose your own conveyancer. Don't forget that many mortgage providers specify a panel list of solicitors you have to use for the mortgage related work in your house move.
I am four weeks into a freehold purchase having been recommend to conveyancers by the high street agent to execute conveyancing in Bidford On Avon. We are not happy. Can you you assist me in finding new solicitors?
They would need to be really poor in order to consider changing them. Has your mortgage offer been issued? If so you need to advise them of the replacement lawyer and get the mortgage documents are issued to the new lawyers. Your conveyancer needs to be on the lenders panel to avoid added charges and frustration. That should be your first question of the new solicitors. Our search tool should assist you in finding a lender approved conveyancer for your home move in Bidford On Avon