We're in Bedford, First timers purchasing with a mortgage (lender is UBS , and our solicitor is on the UBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the UBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
How does conveyancing in Bedford differ for new build properties?
Most buyers of new build premises in Bedford contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Bedford typically acquire 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 conveyancing solicitors 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 Bedford or who has acted in the same development.
I'm converting the mortgage on my existing home to a buy to let loan with Birmingham Midshires and intend to use the remaining equity towards a second house. The location we are talking about is Bedford. Will your conveyancers be able to act for the two lenders and link together the transactions?
Make use of our search tool on this page to check that the conveyancers are approved by both lenders. On the basis that they are the lawyer will be able to tie up the two deals but you should talk with you conveyancer and make apparent your expectations and needs.
I am thinking of appointing a conveyancing lawyer in Bedford for my home move. Can I check a firm’s record with the legal regulator?
One can read published Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA may recorded call for training purposes.
Whilst your website is a good idea there are many lawyers listed near Bedford being on the lender conveyancing panel. Can you recommend a specific firm on the conveyancing panel for our lender?
We do not recommend specific Bedford firms as the right Bedford conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Bedford knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..