What is the difference between a licensed conveyancer and conveyancing solicitor in Bedford Hill
There are many recorded licenced Conveyancers in Bedford Hill and Solicitor practices in Bedford Hill who can help with your conveyancing It is important to make clear that the two are supervised by regulatory bodies with both specialising in the legal aspects of the home buying process. They may both also handle other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
Two weeks ago we had a mortgage agreed in principle with UBS. Bedford Hill conveyancing lawyers were instructed. How long does it take for UBS to send the offer to the solicitor?
Some lenders take longer than others. Have UBS conducted the survey? Have you advised UBS as to your lawyers' details and checked that your lawyers are on the UBS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
We were going to get a DIP from Bank of Ireland this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Bank of Ireland recommend any Bedford Hill solicitors on the Bank of Ireland conveyancing panel, or is it better to go independently?
You will need to appoint Bedford Hill solicitors independently although you'll need to choose one on the Bank of Ireland conveyancing panel. The solicitor represents both you and Bank of Ireland through the process.
Me and my brother purchased a 4 bedroom Edwardian property in Bedford Hill. Conveyancing lawyer acted for me and Barclays Direct. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold with the exact same property. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bedford Hill and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing practitioner who conducted the purchase.
Over the last few months I have been searching for a ground for flat up to £305k and identified one close by in Bedford Hill I like with a park and transport links nearby, however it's only got 52 remaining years left on the lease. I can't really find anything else in Bedford Hill in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a mortgage the shortness of the lease may be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
We're new to the buying process - had an offer accepted, but the selling agent told us that the seller will only proceed if we appoint the agent's chosen lawyers as they need an ‘expedited deal’. My instinct tells me that we should use a family conveyancer accustomed to conveyancing in Bedford Hill
We suspect that the seller is unaware of this ultimatum. If they desire ‘a quick sale', taking such a hostile approach to a genuine buyer is counter productive. Speak to the owners direct and make the point that (a)you are serious purchasers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you are going to appoint your own,trusted Bedford Hill conveyancing firm - not the ones that will provide the negotiator at the agency a commission or meet his conveyancing figures set by senior management.
Expecting to sign contracts shortly on a garden flat in Bedford Hill. Conveyancing lawyers assured me that they are sending me a report within the next couple of days. What should I be looking out for?
The report on title for your leasehold conveyancing in Bedford Hill should include some of the following:
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You should know if the lease permits you to add or improve anything in the property- you should be made aware as to whether it applies to all alterations or just structural alteration, and whether permission is required You need to be told what counts as a Nuisance in the lease Who has the liability for maintaining the window frames Does the lease require carpeting throughout thus preventing wood flooring?
After years of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Bedford Hill. Can we issue an application to the Residential Property Tribunal Service?
Most certainly. We can put you in touch with a Bedford Hill conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Bedford Hill flat is First Floor Flat 152a Ramsden Road in June 2009. The net result of the tribunals calculation produced a premium payable of £23,975. This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 56.67 years.
How much experience do your Bedford Hill conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Bedford Hill conveyancing lawyers help thousands of buyers move home every year and supported lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Bedford Hill conveyancers have worked on recent similar cases.