I am obtaining a mortgage offer from Nat West. My intention is to employ the services of a Licensed Conveyancer in Surrey Quays. Does the Nat West Solicitor panel include conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
My wife and I are approaching an exchange on a flat in Surrey Quays and my mum and dad have transferred the ten percent deposit to my property lawyer. I am now informed that as the deposit has not arrived from me my conveyancer needs to make a notification to my mortgage company. I am advised that, in also acting for the mortgage company he must advise 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 this now to delay the deal?
Your conveyancer is duty bound to clarify with mortgage company to make sure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only reveal this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
We are buying a property and the solicitor has raised the issue of Chancel Repair to which the house may be obligated to pay because it falls into the area of such a church. She has suggested insurance. Is this really required for conveyancing in Surrey Quays
Unless a previous purchase of the property completed post 12 October 2013 you may assume that conveyancing practitioners carrying out conveyancing in Surrey Quays to remain recommending a chancel search and or insurance against a claim.
How does conveyancing in Surrey Quays differ for new build properties?
Most buyers of new build or newly converted property in Surrey Quays approach us having been asked by the builder to sign contracts and commit to the purchase even before the house is constructed. This is because house builders in Surrey Quays typically buy the real estate, 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 conveyancing solicitors 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 used to new build conveyancing in Surrey Quays or who has acted in the same development.
I need to find a conveyancing solicitor for my conveyancing in Surrey Quays. I happened to chance upon a site which appears to be the ideal offering If there is a chance to get all this stuff completed via email that would be ideal. Should I be concerned? What are the potential pitfalls?
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?
My folks are unable to locate their Surrey Quays property on the HMLR online search facility. They have a vague recollection fifty years ago when they acquired the house there were complications regarding Surrey Quays not being identified on some systems.
Almost all residences in Surrey Quays should be revealed. Have you tried a search with simply the postcode. Normally it should reveal all the properties within that postcode. Assuming the property is recorded it will be there with a title number. Where they bought back in the 70’s it's conceivable it may be unregistered. The address may still be revealed but with the title number identified as 'na'. In this scenario you will need to track down the original title documentation which might be with your parent’s mortgage company.