My partner and I are nearing an exchange on a house in Chipping Sodbury and my parents have transferred the ten percent deposit to my solicitor. I am now told that as the deposit has been received 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 lender he must inform them that the balance of the purchase price is not just from me. I informed the mortgage company about my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
Your lawyer is legally required to clarify with the bank to ensure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
Me and my partner are purchasing a apartment in Chipping Sodbury. I might seem paranoid but how we can trust a lawyer? On the day of competition we have to send money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We have agreed to purchase a house in Chipping Sodbury. A rare aspect is that the roof has a solar panel. Barclays have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Barclays your lawyer must check the formal requirements contained in Section two of UK Finance Lenders’ Handbook for Barclays. The CML Handbook includes minimum conditions for solar panel roof-space leases, and conveyancers are required to report to Barclays where a lease fails to meet these provisions. The conditions relate to the installation of panels on properties nationwide and is not limited to Chipping Sodbury.
UBS have agreed my home loan in principle, my bid on a house in Chipping Sodbury has been accepted, now what?
The estate agent will need to be advised as to your conveyancing practitioner's details (be sure the solicitors are on the lender’s panel). Contact UBS or the financial adviser and finalise any relevant documentation. UBS will sellect a valuer who will get in contact with the estate agent or vendor to arrange an appointment. Once carried out (assuming no problems) it takes about ten days for the mortgage offer to be issued. UBS will issue the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Chipping Sodbury.
What will a local search reveal about the house we're purchasing in Chipping Sodbury?
Chipping Sodbury conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search organisations for instance Xpress Legal The local search is essential in every Chipping Sodbury conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your property. The search should provide data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
I have recentlybeen informed that Arc property Solicitors have closed. They conducted my conveyancing in Chipping Sodbury for a purchase of a leasehold apartment 10 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The easiest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chipping Sodbury conveyancing specialists.
I'm refinancing my current home to a BTL loan with Yorkshire Building Society and intend to use the remaining equity towards a second house. The neighborhood we are looking at is Chipping Sodbury. Will your lawyers be able to act for both sets of mortgage companies and link together the two deals?
Do use our search tool on this site to be sure that the lawyers are approved by both lenders. Having checked that they are the lawyer will be able to connect the two transactions but you should talk with you lawyer and specify your expectations and needs.
I need to instruct a conveyancing solicitor in Chipping Sodbury for my house move. Can I see a solicitor's complaints history with the profession’s regulator?
Anyone may see published Solicitor Regulator Association (SRA) decisions resulting from investigations started on or after Jan 2008. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's record, call 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 regulator sometimes recorded call for training purposes.