We were about to choose a conveyancing solicitor in Bedfordshire endorsed on your site but have come across alternative estimates on the internet appear less pricey – how come?
There are plenty of websites promoting self styled £99 conveyancing, yet more often than not supplementalcosts result in the completion invoice being escalated. Solicitors ought to ensure costs listed in terms of business should be equitable invoiced The conveyancers that we list for conveyancing in Bedfordshire set out all charges for a residential conveyancing transaction.
My Solicitor in Bedfordshire is not on the Bank of Scotland Approved Panel. Is it possible for me to use my prefered solicitor even though they are excluded from the Bank of Scotland panel of approved conveyancing solicitors?
Your options are as follows:
- Carry on with your existing Bedfordshire lawyers but Bank of Scotland will need to retain a conveyancer on their list of acceptable firms. This will inevitably rack up the total legal charges and cause frustration.
- Get an alternative lawyer to to deal with the conveyancing, obviously checking they are Bank of Scotland approved.
- Persuade your Bank of Scotland solicitor to try to join the Bank of Scotland panel
Are there restrictive covenants that are commonly identified as part of conveyancing in Bedfordshire?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Bedfordshire. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm buying a new build house in Bedfordshire benefiting from help to buy. The builders would not budge the amount so I negotiated 6k of additionals instead. The sale representative suggested that I not reveal to my conveyancer about the side-deal as it could jeopardize my loan with Lloyds TSB Bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Is it simple use the search facility to get a quote from a conveyancing practitioner in Bedfordshire on the authorised to act for my lender?
Step one is to select a lender such as Birmingham Midshires, The Mortgage Works or Godiva Mortgages Ltd then type in your location such as Bedfordshire. Conveyancing firms in Bedfordshire and further afield should be listed.