My financial adviser has asked me for my East Molesey lawyer’ panel member for the Nat West conveyancing panel. How do I obtain this. I have contacted my local East Molesey office but they don't know it.
Have you tried calling your East Molesey lawyer about this?. They keep a central record lender panel numbers.
My partner and I are nearing an exchange on a house in East Molesey and my mum and dad have transferred the exchange deposit to my lawyer. I am now told that as the deposit has been received from someone other than me my conveyancing practitioner 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 informed the lender concerning my parents' contribution when I applied for the home loan, so is it really appropriate for this now to be an issue?
The conveyancing practitioner is legally required to clarify with the bank to make sure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only report this to your lender if you agree, failing which, your lawyer must cease to continue acting.
There are plenty of conveyancing solicitors in East Molesey but how do I know who's good?
We would encourage you not to base your choice on the cheapest East Molesey conveyancing fees. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
My uncle informed me that in purchasing a property in East Molesey there may be various restrictions preventing external alterations to the property. Is this right?
There are a number of properties in East Molesey which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in East Molesey should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are getting the release of further funds on our home loan from UBS as we intend to conduct alterations to our property in East Molesey. Are we obliged to choose a high street East Molesey solicitor on the UBS conveyancing panel to handle the paperwork?
UBS don't usually require a member of their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the UBS panel.
I'm purchasing my first flat in East Molesey with a mortgage from Barclays Direct. The builders would not move on the price so I negotiated 6k of extras instead. The property agent told me not inform my solicitor about this extras as it would jeopardize my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Are there any apps to help search for a East Molesey solicitor on the Santander conveyancing panel? I have a car and am willing to travel upto 20kilometers to meet the conveyancer.
Feel free to make use of the search on this page. Please pick a bank and your location and you will see a number of East Molesey conveyancing lawyers located nearest you. We have detailed some East Molesey conveyancing firms towards the end of this page and you can contact them to see if they are on the Santander approved list
My lawyers in East Molesey have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with the bank. Is it case that being on the lender conveyancing panel they need to have retained the file for a prescribed period?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the mortgage company directly.