My husband and I are nearing an exchange on a flat in Buckinghamshire and my parents have sent the 10% deposit to my conveyancer. I am now informed that as the deposit has not arrived from me my solicitor needs to disclose this to my bank. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I informed the lender regarding my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
The lawyer is legally required to clarify with lender to make sure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only disclose this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
I can see plenty of here regarding conveyancing in Buckinghamshire but what is your top tip for choosing the right conveyancer in Buckinghamshire
We would encourage you not to go for the cheapest Buckinghamshire conveyancing fees. You really do get what you’re paying for when it comes to conveyancing solicitors. 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 go into the conveyancing with your eyes wide open.
When it comes to lenders such as HSBC, do Buckinghamshire conveyancers incur a fee to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
We are getting the release of further funds on our home loan from Bank of Ireland as we want to carry out alterations to our house in Buckinghamshire. Do we need to select a high street Buckinghamshire solicitor on the Bank of Ireland conveyancing panel to handle the legals?
Bank of Ireland do not ordinarily require a member of their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Bank of Ireland conveyancing panel.
I used Stirling Law a few years ago for my conveyancing in Buckinghamshire. Now, I need the files however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Buckinghamshire of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Buckinghamshire. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Buckinghamshire
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
Due to the guidance of my in-laws I had a survey completed on a house in Buckinghamshire in advance of retaining conveyancers. I have been advised that there is a flying freehold aspect to the property. The surveyor has said that some mortgage companies may refuse to issue a loan on such a property.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. If you e-mail us we can check 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 Buckinghamshire. Conveyancing may be slightly more expensive based on your lender's requirements.
We are in the midst of selling our flat in Buckinghamshire. Conveyancing is fine but we are being charged a fortune by the landlord. So far we have paid £295.50 for a leasehold management pack and then another £117.20 for answers to queries raised by the purchaser's solicitor.
You will not have control over the level of the fee for this information but the typical fee for the information for Buckinghamshire leasehold premises is £395. For Buckinghamshire conveyancing deals it is standard for the owner to cover the costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices disproportionate to the work involved. Regretfully there is no law that requires set charges for administrative tasks. There is no set time limit by which they are obliged to provide the information.