My husband and I are acquiring a new build duplex in Bishops Lydeard and my conveyancer is informing me that she has to the bank to disclose incentives from the builder. I am under pressure to exchange contracts and I would rather not prolong matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We see that you have a search directory listing solicitors on the Nottingham conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Bishops Lydeard?
We are a listing service only for law firms wishing to communicate if they are on the Nottingham conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bishops Lydeard.
My lawyer in Bishops Lydeard is not on the Bank of Scotland Approved Panel. Can I still retain my family solicitor notwithstanding that they are excluded from the Bank of Scotland approved list?
Your options are as follows:
- Complete the purchase with your preferred Bishops Lydeard lawyers but Bank of Scotland will need to use a solicitor on their panel. This will result in additional total conveyancing fees as well as cause frustration.
- Get an alternative lawyer to to deal with the purchase, remembering to check they are Bank of Scotland approved.
- Try to convince your Bank of Scotland solicitor to seek to join the Bank of Scotland panel
My colleague advised me that if I am purchasing in Bishops Lydeard I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Bishops Lydeard conveyancing searches. It is not a small report of more than thirty pages, listing and detailing significant information about Bishops Lydeard around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data about Bishops Lydeard.
Just bought a detached house in Bishops Lydeard , What is the estimated time for the Land Registry to deal with the formalities evidencing the transfer to my name? My Bishops Lydeard conveyancing solicitor has been painfully slow, so I want to check the land registry aspects are addressed.
There is nothing unique about conveyancing in Bishops Lydeard registration formalities. Rather than based on location, timeframes can differ depending on who lodges the application, whether there are errors and if the Land registry need to notify any third parties. At present in the region of three quarters of submission are fully dealt with in less than three weeks but some can be subject to extensive hold-ups. Historically registration takes place after the new owner has moved in to the premises thus an expedited registration is not usually an essential issue but if it is urgent that the the registration takes place urgently then you or your conveyancer could contact the land registry and explain the circumstances.
My father has suggested that I instruct his conveyancers in Bishops Lydeard. Do I take his recommendation?
Much as we are happy to recommend a Bishops Lydeard conveyancing lawyer it’s preferable to select a conveyancing practitioner is to get referrals from friends or family who have previously instructed the solicitor you're contemplating using.