I am in the throes of changing my domestic loan to a Buy to Let Santander mortgage. I was told by my financial advisor that I require a solicitor for this. I had a chat my past Bideford conveyancing practitioner who who did the conveyancing when I previously acquired the premises. The fee calculation e-mailed to me of £575 plus disbursements is surprising as I am not require purchase conveyancing - it’s just a straightforward remortgage.

The charges seem a little high. Where you are willing to spend time comparing prices you could shave off some of the cost by as much as £125. On the other hand, assuming were pleased with the legal work the firm gave you couldcome to regret choosing an a cheaper solicitor. If is important to enquire that the firm can act for Santander. Do utilise our search tool to choose a Bideford conveyancing firm on the Santander conveyancing panel, which can often include conveyancing solicitors in Bideford.

We are about to sign contracts for a property in Bideford. We have hit a snag. The loan offer with Alliance & Leicester runs out on 7/1/2025 but the vendors are insisting on a completion date of 9/1/2025. Is it possible to extend the mortgage expiry date?

The best person to address this issue is your conveyancer who will hopefully determine if he or she is better off negotiating with the mortgage broker, vendor’s solicitors, estate agents or conceivably all three taking into account the history of your conveyancing to date.

Will commercial conveyancing searches reveal proposed roadworks that may impact a commercial land in Bideford?

Many commercial conveyancing solicitors in Bideford will perform a SiteSolutions Highways report as it reduces the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Bideford. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Bideford.

For every commercial conveyancing transaction in Bideford it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could cause delays to Bideford commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Bideford.

We're FTB’s - agreed a price, but the agent advised that the owners will only issue a contract if we instruct the agent's preferred lawyers as they need a ‘quick sale’. My instinct tells me that we should use a family conveyancer accustomed to conveyancing in Bideford

It is unlikely the vendors are driving this. If they desire ‘a quick sale', alienating a motivated purchaser is likely to cause more damage than good. Avoid the agents and go straight to the owners and make sure they comprehend that (a)you are motivated purchasers (b)you are ready to progress, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you are going to use your preferred Bideford conveyancing firm - as opposed tothose that will earn the estate agent a kickback or meet his conveyancing figures set by head office.

Are there common deficiencies that you come across in leases for Bideford properties?

Leasehold conveyancing in Bideford is not unique. Most leases are drafted differently and drafting errors can result in certain clauses are wrong. For example, if your lease is missing any of the following, it could be defective:

A provision for the recovery of money spent for the benefit of another party. A duty to insure the building

A defective lease will likely cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Barclays , Norwich and Peterborough Building Society, and Bank of Ireland all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the purchaser to pull out.

I bought a basement flat in Bideford, conveyancing formalities finalised 5 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Bideford with an extended lease are worth £222,000. The average or mid-range amount of ground rent is £50 levied per year. The lease ends on 21st October 2095

You have 71 years left to run we estimate the premium for your lease extension to be between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.