Is there a reason why leasehold purchase conveyancing in Bedlington costs more?
Bedlington leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
We are downsizing from our home in Bedlington and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any high street Bedlington conveyancer would know that there is no such problem. For the life of me I don't know why the buyers instructed an online conveyancing practice as opposed to a conveyancing solicitor in Bedlington. We have lived in Bedlington for 5 years we know of no issue. Do we contact our local Authority to obtain confirmation need.
It would appear that you have a conveyancing firm already. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
Are there restrictive covenants that are commonly picked up as part of conveyancing in Bedlington?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Bedlington. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Bedlington differ for newly converted properties?
Most buyers of new build residence in Bedlington come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is completed. This is because builders in Bedlington typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Bedlington or who has acted in the same development.
We're first time buyers - agreed a price, yet the agent advised that the vendor will only issue a contract if we appoint the agent's preferred conveyancers as they need a ‘quick sale’. Our preferred option is to instruct a high street conveyancer accustomed to conveyancing in Bedlington
We suspect that the owner is not behind this demand. Should the seller desire ‘a quick sale', turning down a serious buyer is likely to cause more damage than good. Bypass the agents and go straight to the sellers and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are unencumbered (d) you wish to move quickly (e)however you intend to instruct your preferred Bedlington conveyancing firm - not the ones that will provide their negotiator at the agency a introducer fee or hit his conveyancing figures set by HQ.
The property lawyers handling our conveyancing in Bedlington has forwarded papers to review that show the land is unregistered with epitome documents. Surely all property in Bedlington are registered?
Although the vast majorities of properties in Bedlington are now registered with HMLR there are still a few that are unregistered. Any property in Bedlington that has been remortgaged since the late 1980’s will have been registered at the HM Land Registry under the compulsory ‘first registration’ scheme. However, if a Bedlington property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Plenty of Bedlington conveyancing solicitors should be familiar with this type of conveyancing but where uncertainty prevails the conventional guidance nowadays is for the seller to address the registration formalities first and then sell - this will predictably result in a prolonged transaction.