We were about to instruct a conveyancing solicitor in Bude recommended by you but have come across alternative fee calculations via the web look cheaper – how come?

There are a variety of conveyancers advertising what appear to be the cheapest conveyancing in Bude. We suggest that you think long and hard about how important this transaction is to you that want to take 'cheap' risks concerning the standard of the legal work. Some hide extras well inside the terms of business. The solicitors that we list for conveyancing in Bude will notdo this.

I own a freehold residence in Bude yet pay rent, why is this and what is this?

It’s unusual for properties in Bude and has limited impact for conveyancing in Bude 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 establishment of fresh rentcharges from 1977 onwards.

Previous 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 extinguished.

Me and my brother have a renovated Edwardian property in Bude. Conveyancing solicitor represented me and National Westminster Bank. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the exact same property. I'd like to know for sure, how can I find out??

You need to assess the Freehold register you have again and check the Charges Register for 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 Bude and other areas of 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 lenders. You can also enquire as to the position with your conveyancing practitioner who carried out the work.

I’m about to sell my basement flat in Bude. Conveyancing lawyers have not yet been instructed, but I have recently had a quarterly maintenance charge demand – should I leave it to the buyer to sort out?

The sensible thing to do is clear the maintenance contribution as usual because all rents and maintenance payments should be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

Bude Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to Purchasing

This question is important as a) areas may cause problems in the building as the communal areas may start to deteriorate if services remain unpaid b) if the leasehold owners have a dispute with the running of the building you will need to know about it What is the yearly maintenance fee and ground rent? Who takes charge for maintaining and repairing the building?

Your search tool is useful but there are many lawyers listed near Bude being on the bank conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the lender approved panel?

We do not recommend specific Bude firms as the right Bude conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Bude knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..