My wife and I are due to complete buying a house in Biggleswade but as a result of wreckage from the recent storms I have managed to agree reparation from the current proprietors in the sum of £2k taking the form of a reduction in the price. This was going to be addressed as part of amending the contract however Bank of Ireland are not allowing this. Should they have been notified?
Your conveyancing practitioner being on the Bank of Ireland conveyancing panel is required to inform Bank of Ireland of any variations to the sale price. If you prohibit your property lawyer to notify the reduction to Bank of Ireland then they would have to discontinue acting for you. In addition, Bank of Ireland and you would have to appoint a new lawyer for your conveyancing in Biggleswade.
Me and my partner are buying a property in Biggleswade. I might seem paranoid but how we can trust a lawyer? On completion day we have to send our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
How can we know in advance if a Biggleswade conveyancing solicitor on the Clydesdale panel is any good?
When it comes to conveyancing in Biggleswade getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the lawyer carrying out your transaction.
My offer on a semi in Biggleswade has been accepted, the owners do nevertheless have a connected purchase. The sellers have offered on a property, however it’s not yet tied up, and are looking at other properties booked. I have instructed a local conveyancing solicitor in Biggleswade. What do I do now? When do I get the mortgage application with RBS started?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is approx one thousand pounds, then survey, Biggleswade conveyancing search charges, etc). First, you should check that your conveyancer is on the RBS conveyancing panel. As to the next stages this very much depends on the specifics of your transaction, motivation for this property and on the state of the market. In a rising market the majority of home buyers will apply for the mortgage with RBS and pay for the valuation and only if it comes back ok would they ask their conveyancing practitioner to move forward with searches.
I have been told that property searches are the number one reason for obstruction in Biggleswade house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays during the legal transfer of property. Searches are unlikely to feature in any slowing down conveyancing in Biggleswade.
How does conveyancing in Biggleswade differ for newly converted properties?
Most buyers of new build residence in Biggleswade come to us having been asked by the developer to sign contracts and commit to the purchase even before the house is built. This is because house builders in Biggleswade tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Biggleswade or who has acted in the same development.
I have been recommended by a few selling agents in Biggleswade to locate a property lawyer using your seach tool. What’s the financial inducement for Estate Agents to market your services over alternative conveyancing organisations?
We don’t offer any commission for sending work in our direction. We found it would be just too difficult a fee because home movers will think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
In my capacity as executor for the estate of my father I am selling a house in Monmouth but reside in Biggleswade. My lawyer (approximately 260 miles awayhas requested that I sign a stat dec before the transaction finalising. Can you recommend a conveyancing practitioner in Biggleswade who can witness and place their company stamp on the document?
strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are Biggleswade based