We were about to choose a conveyancing solicitor in Bury St Edmunds endorsed by you but have come across some other quotes on the internet seem less pricey – why is this?

You can find plenty of websites advertising alleged cheap conveyancing, but supplementalcosts result in the final fee markedly uplifted. According to the Legal Ombudsman charges listed in terms of business should be fair and reasonable and be applied The solicitors that we list for conveyancing in Bury St Edmunds clearly state all costs for the property you plan topurchase.

is it true that all Bury St Edmunds solicitor firms on the Principality conveyancing panel are governed by the Solicitors Regulatory Authority?

As a firm of solicitors, in order to be on the Principality approved list of solicitors they would need to be regulated by the SRA. The majority of banks do permit licenced conveyancers on their panel in which case such organisation would be overseen by the CLC.

We expect to receive a DIP from Nationwide this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Nationwide recommend any Bury St Edmunds solicitors on the Nationwide conveyancing panel, or is it better to find our own lawyer?

You will need to appoint Bury St Edmunds solicitors independently although you'll need to choose one on the Nationwide conveyancing panel. The solicitor represents both you and Nationwide through the process.

I have decided to exercise my right to buy my property in Bury St Edmunds off the council. I have a mortgage offer with Barclays. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?

It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Barclays, you will need to appoint a solicitor on the Barclays conveyancing panel.

I am purchasing a new build house in Bury St Edmunds with a mortgage from Coventry Building Society. The sellers refused to budge the price so I negotiated 6k of fixtures and fittings instead. The property agent advised me not disclose to my solicitor about the deal as it could jeopardize my loan with Coventry Building Society. Should I keep quiet?.

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

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Bury St Edmunds is the location of the property. Can you shed any light on this issue?

Flying freeholds in Bury St Edmunds are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bury St Edmunds you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bury St Edmunds may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

Hoping to buy a property located in Bury St Edmunds and I am already nervous. I couldn't find anything specific about Bury St Edmunds. Conveyancing will be needed in due course but do you know about the Bury St Edmunds area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Bury St Edmunds. In the meantime here are some basic statistics that we found