My wife and I are getting closer to an exchange on a flat in Thetford and my mum and dad have transferred the 10% deposit to my conveyancer. I am now advised that as the deposit has been sent from someone other than me my conveyancing practitioner 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 disclosed to the lender concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to hold matters up?
The property lawyer is legally required to check with the bank to ensure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only report this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
My brother-in-law has suggested I instruct a conveyancing solicitor in Thetford. I need to find out whether they are on the Barnsley Building Society approved list of lawyers. Can you assist?
The first thing you should do is phone the lawyer and ask them if they can act for the bank. Alternatively please call Barnsley Building Society who may be able to confirm.
There is lots of information on this site about conveyancing in Thetford but what is your top tip for appointing the right conveyancer in Thetford
Do not opt for the cheapest Thetford 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 know exactly what you’ll have to pay in ahead of the deal.
We are due to move house in February. Should my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you recommend a removal company in Thetford. Conveyancing firm was found before I stumbled across this site.
On the afternoon of completion you will need to collect the house keys from your selling agent however this should only be done when the previous owners lawyers inform the agent that they acknowledge receipt of the completion payment and the keys can be passed over. Subsequently you can inform the removal men that you are ready to move in. We are not in a position to suggest a specific removal organisation but can help you locate a residential property solicitor in Thetford or a legal practice that specialises in conveyancing in Thetford.
I'm the single recipient of my late grandmother’s will with all property in now in my sole name, including the my former home in Thetford. Conveyancing formalities meant that the Land Registry date was in December. I plan to dispose of the property. I understand that there is a Mortgage Lenders six month 'rule', meaning my proprietorship could be treated the same way as though I had purchased the house in December. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. Most lenders would take a pragmatic view as this requirement principally exists to pick up on subsales or the wholesaling and assigning of properties.
Is it possible to transfer to a new solicitor as I have to select one who is on the Godiva Mortgages Ltd conveyancing list. I instructed a family conveyancing solicitor in Thetford five minutes from me but she is not approved by Godiva Mortgages Ltd
We will our best to assist in finding you a conveyancing solicitor in Thetford on the Godiva Mortgages Ltd panel. Please note that the solicitors that we work with do not pay us a referral fee if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Thetford. In utilising search facility on this site, you can compare fees for conveyancing solicitors in Thetford and beyond.
In scouring the web for the words on line conveyancing in Thetford it reveals many property lawyersin the vicinity. With so much choice what is the best way to find the right property lawyer for my move?
The preferential method of choosing the right conveyancer is via trusted testimonial, so seek the counsel of friends and relatives who have acquired a property in Thetford or the local estate agent or financial adviser. Charges for conveyancing in Thetford differ, so it's advisable to secure at least four fee estimates from varying types of conveyancers. Dont forget to clarify that the fees are fixed.
I need to swap lawyers as my Thetford lawyer is not on the bank's panel of conveyancing solicitors. Is it practical to instruct different lawyers?
If you haven't yet appointed a solicitor to start work and at this stage simply received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Thetford that you're considering.