My wife and I are getting closer to an exchange on a property in Belbroughton and my mum and dad have transferred the ten percent deposit to my lawyer. I am now told that as the deposit has been received from someone other than me my solicitor needs to disclose this to my mortgage company. Apparently, in also acting for the lender he must inform them that the balance of the purchase price is not just from me. I informed the lender regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to hold matters up?
The conveyancing practitioner is obliged to check with mortgage company to make sure that they are aware 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.
Can I use your services to recommend a Conveyancing solicitor in Belbroughton even if I’m not buying or disposing of a house, for example if I intend to acquire an office in Belbroughton with a mortgage from Barnsley Building Society?
The service is predominantly used to locate domestic conveyancing solicitors in Belbroughton but we have listed at the end of this page a few Belbroughton commercial conveyancing firms. You should speak with the company directly to see if they are also authorised to represent Barnsley Building Society
I am considering applying for a Barclays mortgage for purchase of a newly converted (under development) in Belbroughton with 60% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Barclays ?
In theory, you could use a solicitor that is not on the Barclays conveyancing panel, but Barclays would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I opted to have a survey completed on a property in Belbroughton before appointing solicitors. I have been told that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies tend refuse to give a loan on such a house.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Nationwide. If you e-mail us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Belbroughton. Conveyancing will be smoother if you use a solicitor in Belbroughton especially if they regularly deal with such properties in Belbroughton.
I am downsizing from my home. My past conveyancers has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in Belbroughton if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Belbroughton. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My husband and I are novice buyers - agreed a price, yet the property agent has warned us that the owners will only move forward if we instruct the agent's recommended lawyers as they need an ‘expedited deal’. Our preferred option is to instruct a family conveyancer who is familiar with conveyancing in Belbroughton
It is unlikely the owners are behind this. Should the vendor desire ‘a quick sale', alienating a genuine purchaser is is going to put the whole deal at risk. Bypass the agents and go straight to the sellers and make sure they understand (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you are going to instruct your preferred Belbroughton conveyancing solicitors - as opposed tothe ones that will provide their negotiator at the agency a referral fee or hit his conveyancing targets pre-set by corporate headquarters.