I am purchasing a semi-detached house in Bedford. How practical is it for me to do the conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Bedford you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Bedford.

five months have elapsed following my purchase conveyancing in Bedford took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

How does conveyancing in Bedford differ for newly converted properties?

Most buyers of new build premises in Bedford approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is finished. This is because builders in Bedford usually acquire 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 conveyancers 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 used to new build conveyancing in Bedford or who has acted in the same development.

Taking into account that I am about to part with over three hundred thousand on a two bedroom apartment in Bedford I would like to have a conversation with the conveyancer concerning thehome move prior to instructing the firm. Is this something that you can arrange?

Absolutely - we would be delighted to talk to you we do not take any clients on without you first talking to the lawyer who will be carrying out your property ownership legalities in Bedford.There is no ‘factory style conveyancing’ - each client is unique individual, not a file reference. The solicitors that we put you in touch with believe that the fees you are provided with for your conveyancing in Bedford should be the figure that you are charged.

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

When appointing a conveyancer for lease extension works (regardless if they are a Bedford conveyancing firm) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you make enquires with two or three firms including non Bedford conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be helpful:

How experienced is the firm with lease extension legislation? What are the charges for lease extension conveyancing?

I inherited a ground floor flat in Bedford, conveyancing formalities finalised in 1998. Can you give me give me an indication of the likely cost of a lease extension? Comparable flats in Bedford with over 90 years remaining are worth £180,000. The ground rent is £65 charged once a year. The lease runs out on 21st October 2082

With 58 years left to run we estimate the premium for your lease extension to span between £22,800 and £26,400 as well as legals.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.