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Find a Haydon Bridge Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Haydon Bridge? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Haydon Bridge home move at risk of delay or failure.

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Recently asked questions about conveyancing in Haydon Bridge

Having been recommended your web site we were going to appoint conveyancing solicitor in Haydon Bridge recommended on your site but have come across some other quotes via the web appear less expensive – how come?

One can find a variety of conveyancers advertising theoretically looks to be the cheapest conveyancing in Haydon Bridge. We suggest that you think long and hard about how much you respect your own move to want to be penny wise pound foolish in relation to the quality of the conveyancing. Many of them highlight a low quote to grab your attention but conceal additional fees in the small print..

I purchased a freehold residence in Haydon Bridge yet invoiced for rent, why is this and what is this?

It’s unusual for properties in Haydon Bridge and has limited impact for conveyancing in Haydon Bridge 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 fresh rentcharges from 1977 onwards.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.

I've recently found out that there is a flying freehold element on a property I have offered on last month in what was supposed to be a quick, no chain conveyancing. Haydon Bridge is the location of the property. Can you shed any light on this issue?

Flying freeholds in Haydon Bridge are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Haydon Bridge you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Haydon Bridge 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 premises.

My company is looking to take an assignment of a lease of an office on a shopping parade. Can you recommend solicitors offering fixed costs for non-domestic conveyancing in Haydon Bridge for less than £1,200?

We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Haydon Bridge, including the sale and acquisition of businesses as well as simply property. If you are intending to acquire or lease a shop, pub, restaurant, office, retail unit or a whole business we will find you the right lawyer. As for the charges this will depend on the structure and heads of terms of the deal. Please provide us with your contact information or email so as to enable us to furnish you with a detailed commercial conveyancing quote.

I am buying a house with all finances in place. My lawyer has been given with 2 separate evidence of photo identification, bank statement, multiple utility bills. Now he wants a copy from a probate lawyer advising that the funds are legitimate and that it has come from inheritance and not via illegitimate means.

In today’s world you will not be able to complete any Haydon Bridge conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Establishing of your source of funds is required under Money Laundering laws.

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Neighbouring Locations

Haydon Bridge
Hexham
Allendale

Find out more about how flying freehold can affect your the value of a property.