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Find a Bude Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Bude

Why would one use a Bude conveyancing company given that national conveyancers are more affordable?

Its a good idea to compare conveyancing costs in Bude and you should seek a competitive estimate but don’t be focused with sourcing the cheapest Bude conveyancer. Appointing the right conveyancer can be the difference between a seamless and a frustrating house move. You need to ensure that you have expert advice from a trusted conveyancer. An e-mail can never replace a phone discussion and can never replicate a one to one meeting. Our partner firms will find you a qualified and trusted conveyancing solicitor that will tackle your conveyancing from beginning to end, providing a level of hand holding that you are unlikely to received from an online conveyancer. He or She will update you as to progress and keep you informed. Should it ever be necessary to phone the office you will be sure who you need to speak to and we'll be sure you are kept fully informed.

Our god-son is buying a house that has just been built in Bude with a mortgage from Aldermore. His conveyancer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?

The form is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Aldermore conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Aldermore conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

As someone with no idea as to conveyancing in Bude what is the number one tip you can impart concerning the legal transfer of property in Bude

Not many law firms shout this from the rooftops but conveyancing in Bude and elsewhere in England and Wales is often a confrontational experience. In other words, when it comes to conveyancing there is lots of room for confrontation between you and others involved in the house moving process. For instance, the seller, estate agent and even potentially the mortgage company. Selecting a solicitor for your conveyancing in Bude an important selection as your conveyancer is your adviser, and is the ONLY party in the process whose responsibility is to act in your best interests and to keep you safe.

We are witnessing a worrying increase of a "blame" culture- someone must be blamed for the process taking so long. We recommend that you should always trust your lawyer ahead of the other players when it comes to the legal transfer of property.

About to place an offer on a leasehold property in Bude. The selling agents assure me that it is normal for flats in Bude to have less than 75 years left on the lease. I am taking out a mortgage with Chelsea Building Society. Will the property be mortgageable given that the lease has 69 years left.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 8/11/2025 the requirements read as follows :

85 years from the date of completion of the mortgage. Please ensure that you explain the implications of a short term lease to the borrower.

What are your top tips when it comes to appointing a Bude conveyancing practice to carry out our lease extension conveyancing?

If you are instructing a property lawyer for lease extension works (regardless if they are a Bude conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you speak with several firms including non Bude conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be helpful:

    What are the legal fees for lease extension conveyancing? Can they put you in touch with clients in Bude who can give a testimonial?

I acquired a leasehold flat in Bude, conveyancing was carried out April 2000. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Bude with a long lease are worth £170,000. The ground rent is £50 yearly. The lease expires on 21st October 2104

With only 79 years remaining on your lease we estimate the premium for your lease extension to be between £7,600 and £8,800 as well as costs.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.

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