Can the conveyancing solicitors revealed through your ’find a lawyer’ tool handle right to buy conveyancing in Bloomsbury?

We work with numerous conveyancing specialists carrying out right to buy transactions You should get in touch with us to obtain a costs illustration.

I am being told by my solicitor that lack of building regulations insurance is required on my purchase. What is the level of cover for Bloomsbury conveyancing?

The right level of lack of building regulations indemnity insurance should be dictated by who who your lender is. It would differ for example between Accord Mortgages Ltd and Barnsley Building Society. Conveyancing solicitors as opposed to borrowers take out such policies.

Is it correct that all Bloomsbury CQS (Conveyancing Quality Scheme) solicitors are on the Co-operative conveyancing panel?

Some major banks and building societies now utilise CQS as the kick off point for Panel approval such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of conveyancing solicitors.

I had an offer accepted on a property in Bloomsbury on 25/9/2024, valuation was booked 2 days later, all came back fine. Conveyancer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to RBS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the RBS conveyancing panel. Are RBS entitled to hold back the Mortgage pending the lawyer being on the approved list?

A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for RBS to deal with your lawyer's application to be on the RBS conveyancing panel. There's no guarantee that your solicitor will be accepted.

I have todaybecome aware that Wolstenholmes have been shut down. They carried out my conveyancing in Bloomsbury for a purchase of a leasehold apartment 18 months ago. How can I check that my home is not still registered in the name of the previous owner?

The quickest method to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Bloomsbury conveyancing specialists.

I'm purchasing my first flat in Bloomsbury with a loan from Skipton Building Society. The developers refused to move on the amount so I negotiated £7000 of fixtures and fittings instead. The house builders rep suggested that I not reveal to my conveyancer about this extras as it may put at risk my loan with the lender. Should I keep quiet?.

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.

We are hoping to buy a repression flat in Bloomsbury and the vendor would like to complete within a week. Do conveyancing practitioners meet that timeframe? Would it be better to use a local Bloomsbury firm or an online conveyancer that professes to complete quickly?

Visit your Bloomsbury high street. Pop in to two or three companies and request to see a conveyancing solicitor for an estimate. Explain your situation and try and obtain a commitment on time frames. Choose the firm that seems most trustworthy. Be sure to use a lawyer on the list of lawyers who can act for your mortgage company.