My wife and I are buying a brand new duplex in Bedford Hill and my solicitor is informing me that she is duty bound to the bank to reveal incentives from the builder. I am nearing the developer’s deadline to sign contracts and I would rather not prolong deal. Is my lawyer right?

You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

The estate agent has sent us the confirmation of our purchase of a new build flat in Bedford Hill. Conveyancing is necessary evil 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 is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Bedford Hill

Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.

I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a quick, no chain conveyancing. Bedford Hill is where the house is located. Can you offer any advice?

Flying freeholds in Bedford Hill are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bedford Hill you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bedford Hill may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

I am using a search engine for the words on line conveyancing in Bedford Hill it reveals numerous solicitorsin the vicinity. With so much choice what is the best way to find the right solicitor for purchase transaction?

The ideal way of choosing a suitable conveyancer is through a personal recommendation, so ask colleagues and relatives who have acquired a property in Bedford Hill or a reputable estate agent or mortgage broker. Fees for conveyancing in Bedford Hill vary, so it's advisable to secure at least four quotes from different conveyancers. Make sure that you clarify that the fees are fixed.

To what extent are Bedford Hill conveyancing solicitors under an obligation to the Law Society to publish transparent conveyancing costs?

Contained within the Solicitors Code of Conduct are specific rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not intended as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, represent the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Bedford Hill or further afield.