I am getting a offer of a home loan from Halifax. My intention is to use a Licensed Conveyancer in Bedfordshire. Does the Halifax Solicitor panel include conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
The housing market in Bedfordshire is hotting up. What can be done to quicken up the buying process?
First, If the seller is applying time constraints to complete it is highly recommended that your lawyer is familiar with the area as they will make use of local relationships and know-how. It is possible that they may have transacted otherproperties in the same road. You would be best advised to use a Bedfordshire conveyancing firm. In addition, be sure that the lawyer is on the lender panel. It is understood that 18% of Bedfordshire conveyancing deals are frustrated or derailed after discovering a purchaser’s solicitor was not on their banks list of approved solicitors. This can often result in the buying process being held up by an average of three weeks. It is believed that this issue impacts in the region of 100,000 home moves annually. Almost all Bedfordshire conveyancing practices can not represent certain lenders so do check at the outset.
The Bedfordshire conveyancing firm that I appointed last week on my purchase in Bedfordshire have without warning shut down. I chose them because I had to have a lawyer on the Virgin Money conveyancing panel and my previous Bedfordshire lawyer was not. I paid them money in advance. What are my options?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Virgin Money conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.
Taking into account that I will soon spend hundreds of thousands of pounds on a two bedroom apartment in Bedfordshire I would like to have a conversation with the lawyer regarding thetransaction before giving the go ahead to the firm. Is this something that you can arrange?
This is something that we encourage - we would be happy to talk to you we do not take any clients on without you speaking to the lawyer who will be conducting your conveyancing in Bedfordshire.There is no ‘factory style conveyancing’ - every client is unique individual, not a file number. The practices that we put you in touch with believe that the fees you are provided with for residential conveyancing in Bedfordshire should be the amount on the final invoice that you are charged.
I need to instruct a conveyancing solicitor for leasehold conveyancing in Bedfordshire. I have land on a site which looks to be the ideal offering If there is a chance to get all formalities done via email that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?