Why would one instruct a Beddington conveyancing practice given that online conveyancers are so much cheaper?
To take your time to find shop around for conveyancing costs in Beddington and you should seek a competitive quote but don’t be focused with hunting for the cheapest Beddington conveyancer. Finding the right conveyancer can mark the difference between a smooth and a stressful house move. You need to ensure that you have expert guidance from a trusted lawyer. An e-mail can never take the place of a phone call and can never replicate a one to one consultation. Our partner firms will find you a qualified and top rated conveyancing solicitor who can tackle your conveyancing from beginning to end, providing a level of continuity that you are unlikely to received from an web based conveyancer. Our lawyers will contact you regularly to update you on headway and keep you informed. Should it ever be necessary to call the firm you will be sure who you need to speak to and they will be sure you are kept fully informed.
We note that you have a search directory identifying solicitors on the Virgin Money conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in Beddington?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Beddington.
Is it necessary during the course of the conveyancing process to visit the offices of the solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Beddington so that I can attend their offices when needed.
Nowadays conveyancing panel lawyers for banks undertake the vast majority of communications through Royal Mail, internet or over the phone. This enables them to conduct the conveyancing transaction regardless of where you live in the country. Nevertheless you can check if you have the option of going to the offices of your conveyancing lawyer if you prefer.
Me and my brother have a 4 bedroom Georgian house in Beddington. Conveyancing lawyer represented me and The Royal Bank of Scotland. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold under the exact same address. I'd like to know for sure, how can I find out??
You should review 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Beddington and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with your conveyancing practitioner who conducted the purchase.
Over the last few months I have been searching for a ground for flat up to £245,000 and found one round the corner in Beddington I like with a park and railway links in the vicinity, the downside is that it only has 52 years on the lease. I can't really find anything else in Beddington for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a home loan the shortness of the lease will likely be an issue. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
I own a leasehold flat in Beddington. Conveyancing was completed in last year. I have heard that I mustn’t let the lease length get too short. Is this right?
Beddington domestic long term leases are for a prescribed period - normally just under one hundred years when they are first granted. However many flats in Beddington were built or converted 35 or more years ago and so these leases now have under eighty years remaining. That may sound like a long time but Banks, Building Societies and other mortgage companies generally require leases to have a minimum of seventy five years left to adequate security. This means that when you come to sell the property you will need a lease extension if you are getting close to seventy five years. To enhance your property value you should be considering whether to extend your lease well in advance of selling the property. Furthermore significant benefits to doing so before the lease reaches even 80 years as when the lease is below 80 years the amount you have to pay to extend starts to increase.