My partner and I are getting closer to an exchange on a property in Herne Bay and my parents have transferred the ten percent deposit to my solicitor. I am now advised that as the deposit has not arrived from me my property lawyer needs to make a notification to my bank. I am advised that, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I informed the lender concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
Your conveyancing practitioner is obliged 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 disclose this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
We are buying a house and require a conveyancing solicitor in Herne Bay who is on the RBS solicitor panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for RBS . We don't recommend any particular firms conducting conveyancing in Herne Bay.
What is the best way to discover of the solicitor handling my conveyancing in Herne Bay is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Ireland thus spending £187.00 plus VAT in another set of conveyancing costs.
Please do make use of the find a lender approved solicitor tool on this site. Please choose the mortgage company and type ‘Herne Bay’ or your location and you will be presented with numerous solicitors located in Herne Bay or near you.
I can see plenty of here about conveyancing in Herne Bay but can you isolate your top tip for choosing the right conveyancer in Herne Bay
Do not opt for the cheapest Herne Bay conveyancing costs illustration. You really do get what you’re paying for when it comes to conveyancing solicitors. 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.
Can you point me to a directory of Leeds Building Society panel solicitors in Herne Bay on the Building Society Association’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. A small selection of banks make their panel listings available on the web. Where you are in need of a Herne Bay lawyer on the Leeds Building Society please make the most of our tool.
Is it the case that all Herne Bay solicitor practices on the Bank of Ireland conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the Bank of Ireland approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. Some mortgage companies do list licenced conveyancers on their panel and in such a situation the firms would be overseen by the CLC.
How does conveyancing in Herne Bay differ for new build properties?
Most buyers of new build residence in Herne Bay come to us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is constructed. This is because developers in Herne Bay tend to purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Herne Bay or who has acted in the same development.
I need to retain a conveyancing solicitor for freehold conveyancing in Herne Bay. I've stumble upon a web site which looks to be the ideal solution If it is possible to get all the legals completed via email that would be preferable. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?