I was told yesterday by my IFA that my Addlestone lawyer is not on the lender Solicitor panel. What can I do to be sure if this is correct?
The sensible course of action for you to take is to contact your Addlestone lawyer directly. It is reasonable to expect your lawyer to inform you of the situation. If they are not on the panel they may recommend you to a Addlestone conveyancing practice that is on the approved list of lawyers for your mortgage company.
My husband and I are approaching an exchange on a house in Addlestone and my mum and dad have sent the 10% deposit to my conveyancer. I am now informed that as the deposit has been sent from someone other than me my lawyer needs to disclose this to my lender. Apparently, in also acting for the mortgage company he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the bank regarding my parents' contribution when I applied for the home loan, so is it really appropriate for this now to delay the deal?
The solicitor is legally required to clarify with mortgage company to ensure that they know that the balance of the purchase price is not from your own funds. The solicitor can only notify this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
We are planning to acquire a house and require a conveyancing solicitor in Addlestone who is on the Virgin Money approved panel. 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 be listed as being on the approved conveyancing panel for Virgin Money . We don't recommend any particular firms conducting conveyancing in Addlestone.
My aunt passed away 10 months ago and as sole heir and executor I was left the property in Addlestone. The house had a small mortgage remaining of approximately £4500. I want to have the title changed into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this allowed?
Given you plan to refinance then Santander will insist on your using a conveyancer on the Santander 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 Santander 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 Santander mortgage is registered as a charge at the Land Registry.
What tools are available to locate a Addlestone law firm on the Halifax conveyancing panel? I have wheels and am willing to travel upto 20miles to meet the lawyer.
You can use the search on this website. Please pick a bank and your location and you will see a number of Addlestone conveyancing lawyers based on proximity. We have listed some Addlestone conveyancing firms at the bottom of this page and you can contact them to check if they are on the Halifax member panel
Am I best advised to instruct a Addlestone conveyancing solicitor in close proximity to the house I am buying? An old friend can conduct the legal formalities but his firm is located 400miles drive away.
The primary upside of using a local Addlestone conveyancing practice is that you can drop in to execute documents, hand in your ID and pester them if necessary. They will also have local insight which is a plus. That being said it's more important to get someone that will do a good and efficient job. If other friends have used your friend and in the main were impressed that should outweigh using an unfamiliar Addlestone conveyancing solicitor solely due to them being local.