I'm in the process of changing my domestic home loan to a BTL Barclays mortgage. The bank has said that I need a solicitor for this. I spoke to the same Bedminster conveyancing firm who acted on my behalf when I previously bought the property. The costs estimate provided of £500 is an eye-watering amount to do this as I am not require purchase conveyancing - it’s just a straightforward remortgage.
The estimate does seem a tad steep. If you are willing to expend time comparing prices you might trim some of the cost by perhaps £125. That being said, if you were content with the conveyancing the firm provided you mightlive to regret choosing an an untested solicitor. Remember to ensure that the conveyancer can act for Barclays . Do utilise our search tool to choose a Bedminster conveyancing firm on the Barclays approved list of lawyers, which can often include conveyancing solicitors in Bedminster.
My relative advised me that if I am buying in Bedminster I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally quoted for as part of the standard Bedminster conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Bedminster around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Bedminster Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful data about Bedminster.
The deeds to my house are lost. The conveyancers who did the conveyancing in Bedminster 4 years ago have long since closed. Will I be able to sell the house?
In today’s world there are copies made of almost everything, and your lawyer should be aware precisely where to find all the relevant paperwork so you can purchase or sell your property without any difficulty. Where copies are not available, your solicitor can put in place insurance or indemnities protecting you against future claims on your premises.
I'm purchasing a new build house in Bedminster benefiting from help to buy. The developers refused to move on the amount so I negotiated 6k of additionals instead. The house builders rep advised me not reveal to my conveyancer about this side-deal as it may impact my loan with Alliance & Leicester . Is this normal?.
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.
I opted to have a survey completed on a house in Bedminster prior to instructing lawyers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies will not give a loan on this type of property.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. If you contact us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bedminster. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bedminster to see if the conveyancing costs will increase in light of this.
I am looking into buying my first house which is in Bedminster and I am already nervous. I couldn't find anything specific about Bedminster. Conveyancing will be needed in due course but do you know about the Bedminster area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Bedminster. In the meantime here are some basic statistics that we found