My husband and I are only a couple days away from an exchange on a flat in Boncath and my mum and dad have transferred the exchange deposit to my solicitor. I am now advised that as the deposit has not arrived from me my conveyancer needs to make a notification to my bank. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I disclosed to the mortgage company regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
Your conveyancer is legally required to clarify with lender to ensure that they know that the balance of the purchase price is not from your own resources. The solicitor can only notify this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
We see that you have a post code search directory listing firms on the Nationwide conveyancing panel. Do companies pay you a referral fee if I instruct them for our conveyancing in Boncath?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Boncath.
My grandmother passed away six months ago and as sole heir and executor I was left the property in Boncath. The house had a relatively small loan left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Nottingham, pay off the mortgage. Is this possible?
If you intend to re-mortgage then Nottingham will insist on your using a conveyancer on the Nottingham conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Nottingham conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Nottingham mortgage is registered as a charge at the Land Registry.
We are selling our home in Boncath and according to the buyers it appears that there is a risk of it being constructed on contaminated land. A local lawyer would know this is not the case. For the life of me I don't know why the purchasers are using a national conveyancing firm rather than a conveyancing solicitor in Boncath. Having lived in Boncath for three years we know that this is a non issue. Should we contact our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I am 17 days into a residential purchase having been directed to conveyancers by the selling agent to do our conveyancing in Boncath. I am not happy. Can you help me find new conveyancers?
A solicitor would need to be really bad in order to consider diss instructing them. Has the loan offer been generated? In the event that it has you need to make them aware of the new contact details and have the offer are re-issued. Your solicitor ideally should be on the mortgage company panel to avoid supplemental charges and complications. That should be your first question of the new conveyancers. Our search tool can assist you in finding a lender approved solicitor for your home move in Boncath
Our conveyancing in Boncath is set to complete on Friday, yet the couple I am purchasing off has asked to move out on the Saturday at 2pm. Do I accept such a idea?
You can't complete on a Saturday because the bank systems are not operating.