My partner and I are approaching an exchange on a property in Old Woking and my parents have sent the exchange deposit to my conveyancing practitioner. I am now informed that as the deposit has not arrived from me my solicitor needs to disclose this to my bank. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is coming from anyone other than me. I informed the bank about my parents' contribution when I applied for the home loan, so is it really appropriate for this now to delay the deal?
The conveyancing practitioner is duty bound to clarify with the bank to ensure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only report this to your bank if you agree, failing which, your lawyer must cease to continue acting.
Can your site be used to find a Conveyancing solicitor in Old Woking even where I’m not buying or selling a house, for example where I wish to acquire a shop in Old Woking with a loan from Barnsley Building Society?
Our search tool is mainly used to get a quote from domestic conveyancing solicitors in Old Woking but we have set out at the bottom of this page a selection of Old Woking commercial conveyancing firms. You should enquire with the company directly to establish if they are also authorised to represent Barnsley Building Society
Forgive me if this question is silly but I am unseasoned as a first time buyer of a two bedroom flat in Old Woking. Do I collect the keys to the house on the completion date from my solicitor? If this is the case, I will use a local conveyancing solicitor in Old Woking?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the completion advance to the vendor’s solicitors, and shortly after the monies have arrived, you will be called to collect the keys from the property Agents and start moving into the property. Usually this occurs between 1 and 3pm.
is it true that all Old Woking solicitors on the HSBC conveyancing panel are governed by the SRA?
As solicitors, in order to be on the HSBC conveyancing panel they would need to be overseen by the SRA. Many mortgage companies do allow licenced conveyancers on their panel in which case such firms would be regulated by the CLC.
I have a mortgage with Leeds Building Society for my property in Old Woking. Conveyancing was finalised months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Leeds Building Society?
Leeds Building Society must be informed of your intention prior to letting out your property as this is likely to be a breach of Leeds Building Society’s mortgage conditions. It may be that Leeds Building Society will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Leeds Building Society directly. It should not be necessary to do this via a Leeds Building Society conveyancing panel lawyer.
About to purchase a new build apartment in Old Woking. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Old Woking
-
Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Is there anything unique about your site and other online quote calculators when it comes to conveyancing in Old Woking?
At this site receive an accurate costs illustration from a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Old Woking. Unlike many estate agents and many comparison sites we do not charge firms a commission if you instruct them for your home move in Old Woking
How much experience do your Old Woking conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Old Woking conveyancing lawyers help thousands of buyers move home every year and supported plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Old Woking conveyancers have worked on recent similar cases.