lenderpanel

Find a Woburn Sands Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Woburn Sands? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Woburn Sands home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Woburn Sands conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Woburn Sands

Is there a reason why leasehold purchase conveyancing in Woburn Sands costs more?

The conveyancing fees on a leasehold premises in Woburn Sands is often greater as compared to a freehold property. This is because there is an amount of extra time necessary in liaising with the landlord and management company to obtain evidence concerning whether the rent and service charges have been cleared and whether there are any significant expenditure in the near future on repairs or maintenance of the block.

My aunt advised me that in buying a property in Woburn Sands there could be various restrictions prohibiting external alterations to a property. Is this right?

There are anumerous of properties in Woburn Sands which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Woburn Sands should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

When it comes to mortgage companies such as Leeds Building Society, do Woburn Sands lawyers incur a fee to be on the list of approved solicitors?

We are unaware of any lender fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.

We had appointed conveyancing lawyers locally in Woburn Sands on the Kent Reliance solicitor approved list. They have just invoiced me a further fee for the legal aspects of the Kent Reliance mortgage. Is this an additional conveyancing fee specified by Kent Reliance?

As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your conveyancing practitioner is entitled to charge a fee for this. This fee is not dictated by Kent Reliance but by your Woburn Sands conveyancing practitioner. Plenty of firms on the Kent Reliance panel will quote ’dealing with mortgage’ fee but many practices include it on their overall fee.

I am buying my first flat in Woburn Sands with a loan from Barclays Direct. The builders refused to budge the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent advised me not reveal to my lawyer about this deal as it could put at risk my mortgage with the lender. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder 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.

Taking into account that I will soon spend 450k on a house in Woburn Sands I would like to have a conversation with the solicitor regarding thehouse move ahead of giving the go ahead to the firm. Is this something that you can arrange?

This is something that we encourage - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer who will be conducting your property ownership legalities in Woburn Sands.There is no ‘factory style conveyancing’ - every client is unique individual, not a matter number. The law firms that we put you in touch with believe that the figure you are quoted for your conveyancing in Woburn Sands should be the amount on the final invoice that you end up paying.

Am I better off to appoint a Woburn Sands conveyancing practitioner who is local to the property I am hoping to buy? An old friend can carry out the legal formalities but her office is 300miles away.

The benefit of a local Woburn Sands conveyancing practice is that you can pop in to sign documents, hand in your ID and pester them if necessary. They will also have local knowledge which is a plus. That being said nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and in the main were content that should surpass using an unfamiliar Woburn Sands conveyancing lawyer just because they are based in the area.

Last updated

Find out more about how flying freehold can affect your the value of a property.