The solicitor who dealt with my last purchase has given a fee calculation of £1150 for leasehold conveyancing in Bedminster. I am looking to sell a purpose built property for £200,000. Is this too much? Is it in excess of the average fee for conveyancing in Bedminster?
The quote is fractionally on the steep side. Where you are happy to invest time scrutinising fee on a like for like basis you may be able to shave off some of the expense by as much as £125. On the other hand, you mightcome to regret choosing an a cheaper lawyer. Remember to be sure the conveyancer can act for your lender. Do utilise our search tool to select a Bedminster conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Bedminster.
I have a terraced Georgian house in Bedminster. Conveyancing lawyer represented me and Skipton Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold with 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 as there may be 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 Bedminster and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with the conveyancing solicitor who carried out the work.
I'm buying a new build house in Bedminster with the aid of help to buy. The builders would not budge the price so I negotiated £7000 of additionals instead. The sale representative told me not reveal to my conveyancer about the side-deal as it may adversely affect my loan with Barclays Direct. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the advice of my in-laws I had a survey completed on a house in Bedminster ahead of appointing solicitors. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some lenders will not grant a mortgage on this type of home.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. If you contact us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Bedminster. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bedminster to see if the conveyancing costs will increase in light of this.
How much experience do your Bedminster conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Bedminster conveyancing lawyers help thousands of buyers move home every year and helped plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Bedminster conveyancers have worked on recent similar cases.