My partner and I are nearing an exchange on a flat in Leeswood and my mum and dad have sent the 10% deposit to my property lawyer. I am now advised that as the deposit has not arrived from me my solicitor needs to make a notification to my bank. Apparently, 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 about my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The conveyancer is duty bound to check with the bank to ensure that they know 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.
My grandfather passed away 10 months ago and as sole heir and executor I was left the property in Leeswood. The house had a relatively small loan remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to TSB, pay off the mortgage. Is this allowed?
If you plan to re-mortgage then TSB will require that you use a conveyancer on the TSB 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 TSB 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 TSB mortgage is registered as a charge at the Land Registry.
I just bought a house at auction in Leeswood. Conveyancing is necessary. What happens now?
Having for all intents and purposes signed on the dotted line you should choose a conveyancing solicitor as a matter of urgency as you are facing a fast approaching a drop dead date to complete the transaction. All auction property should have a bespoke legal pack. This will likely include the copy title deeds, local authority and drainage searches. In the case of leasehold property the conveyancing papers may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to a leasehold property. You should hand this to your appointed conveyancing solicitor as soon as possible. Do make sure that your finances are organised to complete on the on the contractual date .
We had appointed solicitors based in Leeswood on the Kent Reliance solicitor approved list. They have just billed me a supplemental charge for dealing with the Kent Reliance mortgage. Is this a supplemental conveyancing fee specified by Kent Reliance?
Provided it is contained in their Terms and Conditions or estimate then yes your solicitor is entitled to levy a fee for this. This charge is not dictated by Kent Reliance but by your Leeswood property lawyer. Some firms on the Kent Reliance panel will quote ’dealing with mortgage’ fee but plenty of practices incorporate it on their overall fee.
Last month we had a mortgage agreed in principle with Kent Reliance. Leeswood conveyancing lawyers were appointed. What is the average time that one could expect to receive a mortgage offer from Kent Reliance?
There is no definitive answer here. Have Kent Reliance done the survey? Have you informed Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
It has been three months following my purchase conveyancing in Leeswood concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Is it simple use your search facility to select a conveyancing lawyer in Leeswood on the approved list for my lender?
First select a lender such as Barclays , Barnsley Building Society or TSB then choose your preferred area e.g. Leeswood. Conveyancing firms in Leeswood and beyond will then be shown.
In my capacity as executor for the estate of my grandmother I am selling a residence in Neath but reside in Leeswood. My solicitor (based 300 kilometers awayneeds me to execute a stat dec ahead of completion. Can you recommend a conveyancing lawyer in Leeswood who can attest this legal document for me?
Technically speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are located in Leeswood