My wife and I are nearing an exchange on a flat in Wincanton and my mum and dad have transferred the 10% deposit to my solicitor. I am now advised that as the deposit has been received from someone other than me my conveyancing practitioner needs to make a notification to my bank. Apparently, in also acting for the mortgage company 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 necessary for him to raise this?
The lawyer is obliged to clarify with lender to ensure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only reveal this to your bank if you agree, failing which, your lawyer must cease to continue acting.
I am purchasing a house and require a conveyancing solicitor in Wincanton who is on the Alliance & Leicester approved. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Alliance & Leicester in certain locations such as Wincanton. We dont recommend any particular firm.
My stepmother informed me that in buying a property in Wincanton there may be various restrictions preventing external changes to the property. Is this right?
There are anumerous of properties in Wincanton which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Wincanton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
The formalities of my remortgage has taken place for my property in Wincanton. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. In most cases complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
About to purchase house in Wincanton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Wincanton conveyancing practitioner is on the Virgin Money conveyancing panel.
I opted to have a survey done on a house in Wincanton ahead of appointing solicitors. I have been informed that there is a flying freehold element to the house. My surveyor has said that some lenders may refuse to issue a loan on this type of home.
It depends who your proposed lender is. HSBC has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Wincanton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wincanton to see if the conveyancing costs will increase in light of this.
I am thinking of appointing a conveyancing solicitor in Wincanton for my home move. Is there any facility to review a firm’s complaints history with the legal regulator?
Members of the public may see documented Solicitor Regulator Association (SRA) determinations arising from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The SRA could monitor call for training reasons.
There are a number of conveyancers listed on your site but can you recommend a good conveyancer to do the acquisition of a flat in Wincanton. We are hoping to secure the flat for £165000 with a mortgage from RBS. We reside in Wincanton but dont care where they are.
The purpose of this site is limited to being a directory service for property lawyers who wish to be listed as being on the approved conveyancing panel for RBS in certain locations for example Wincanton . We dont recommend any specific solicitor.