We note that you have a search directory listing firms on the conveyancing panel. Do companies pay you a referral fee if I retain them for our conveyancing in Bromley?
We are a listing service only for law firms wishing to communicate if they are on the conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bromley.
My lawyer in Bromley has never been on on the Conveyancing Panel. Can I still use my family solicitor even though they are not on the list of approved lawyers?
The limited options available to you here include:
- Carry on with your existing Bromley solicitors but will need to use a conveyancer on their panel. This will inevitably rack up the total conveyancing fees and result in frustration.
- Choose a new solicitor to to deal with the purchase, not forgetting to check they are approved.
- Persuade your solicitor to seek to join the panel
I am purchasing a new build house in Bromley with the aid of help to buy. The developers would not budge the price so I negotiated 6k of extras instead. The sale representative advised me not reveal to my lawyer about this deal as it may impact my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Am I right to be wary by third parties that I am dealing with are recommending a web based conveyancing firm rather than a local Bromley conveyancing practice?
As is the case with many professional services, often input from family and friends can be extremely useful or valuable. But there are lots of players in a conveyancing transaction; estate agents, financial adviser and lenders may recommend lawyers to select. On occasion these conveyancers might be known to one of the organisations as being good in their field, but occasionally there is an underlying financial incentive behind the endorsement. You have the discretion to select your preferred lawyer. Don't forget that most banks operate an approved list of conveyancers you have to use for the mortgage related work in your home move.
I need to retain a conveyancing solicitor for some conveyancing in Bromley. I have land on a web site which appears to be the ideal offering If it is possible to get all the legals completed via email that would be preferable. Should I be concerned? What should out be looking out for?
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?