I am hoping to receive a mortgage offer from Santander. I hope to retain the legal services of a Licensed Conveyancer in Bedford. Does the Santander Conveyancing panel exclude conveyancers regulated by the CLC?
The Santander conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am soon to exchange buying a property in Bedford but as a consequence of wreckage from a small fire at the property I have managed to agree reparation from the owner in the sum of £2k taking the form of a reduction in the price. I had intended this to be dealt with as part of a side agreement however Co-operative will not permit this. Why were they approached?
Any lawyer being on a Co-operative conveyancing panel is obliged to advise Co-operative of any variations to the purchase price. If you prohibit your solicitor to disclose the price change to Co-operative then they would have to discontinue acting for you. In addition, Co-operative and you would have to appoint a new conveyancer for your conveyancing in Bedford.
My husband and I intend to purchase a 2 bedroom flat in Bedford with a residential mortgage from Clydesdale.We have a Bedford conveyancing practitioner but Clydesdale advised that he's not on their "panel". It seems we have no choice but to instruct a Clydesdale panel firm or keep our preferred solicitor and pay for a Clydesdale panel lawyer to act for them. We feel as though this is unjust; Can we not simply insist that Clydesdale use our lawyer?
No, not really. The loan offered to you is subject to its terms and conditions, a common one being that conveyancers will be on the Clydesdale approved list. Until recently, most lenders had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Clydesdale
It has been 4 months following my purchase conveyancing in Bedford concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. 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 premises 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.
About to purchase a new build apartment in Bedford. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Bedford
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Is it simple use your search facility to locate a conveyancing lawyer in Bedford on the approved list for my mortgage?
1st select a bank such as Barclays , Barnsley Building Society or Aldermore then type in your location such as Bedford. Conveyancing practices in Bedford and further afield will then be identified.