I am nearing an exchange on a property in Blaby and my parents have sent the ten percent deposit to my conveyancer. I am now advised that as the deposit has been received from someone other than me my property lawyer needs to disclose this to my lender. Apparently, in also acting for the mortgage company he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the lender regarding my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
The solicitor is duty bound to check with lender to ensure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only reveal this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
My Conveyancer in Blaby has never been on on the Aldermore Solicitor Panel. Is it possible for me to continue with my prefered solicitor even though they are not on the Aldermore list of approved lawyers?
The limited options available to you here include:
- Carry on with your preferred Blaby lawyers but Aldermore will need to retain a lawyer on their list of acceptable firms. This will result in additional total conveyancing charges and cause frustration.
- Get an alternative lawyer to to deal with the purchase, obviously checking they are on the Aldermore panel
My bid for a property was accepted at auction in Blaby. Conveyancing is required. What happens now?
Having for all intents and purposes signed on the dotted line you should find a conveyancing solicitor quickly as you now have a fast approaching deadline in which to complete the conveyancing. An auction property will ordinarily have a bespoke legal set of papers. This will include evidence of title and search results. If you have purchased leasehold premises the legal papers may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to a leasehold property. You must pass this on to the solicitor instructed by you at the earliest opportunity. You also need to ensure that that you have the requisite funding in place to complete the transaction on the set completion date.
We are planning to move house in November. Does my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you recommend a removal company in Blaby. Conveyancing firm was organised prior to coming across this website.
On the day of completion you will need to pick up the house keys from your property agent but this can only take place after the previous owners lawyers inform the agent that they acknowledge receipt of the completion payment and the keys can be handed over. After that you should tell the removal company that you are ready to move in. We are not in a position to suggest a specific removal organisation but can assist you in choosing a residential property solicitor in Blaby or a firm with expertise in conveyancing in Blaby.
Completion of my remortgage has taken place for my property in Blaby. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I have justfound out that Arc property Solicitors have closed. They carried out my conveyancing in Blaby for a purchase of a freehold house 18 months ago. How can I check that the property is registered correctly in the name of the previous owner?
The easiest way to check if the premises is in your name, you can make 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 Blaby conveyancing specialists.
Due to the guidance of my in-laws I had a survey completed on a house in Blaby ahead of retaining conveyancers. I have been informed that there is a flying freehold element to the house. My surveyor has said that some mortgage companies may not give a loan on this type of property.
It varies from the lender to lender. Lloyds has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Blaby. Conveyancing may be slightly more expensive based on your lender's requirements.
I am using a search engine for the phrase cheap conveyancing in Blaby it brings up many conveyancersin the area. How do I determine which is the right property lawyer for purchase transaction?
The best method of seeking a suitable conveyancer is via trusted recommendation, so enquire of colleagues and those you trust who have bought a property in Blaby or a local estate agent or financial adviser. Costs for conveyancing in Blaby differ, so it's advisable to obtain at least three costs illustrations from varying types of law firms. Make sure that you clarify what costs in the quote includes.