It has come to my attention via my mortgage adviser that my Colne property lawyer is not on the bank Solicitor panel. How can I be certain whether this is indeed the case?
Your first step should be to call your Colne conveyancer. You lawyer should advise you of the situation. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
My wife and I are getting closer to an exchange on a property in Colne and my mum and dad have transferred the 10% deposit to my property lawyer. I am now told that as the deposit has not come from me my conveyancer needs to make a notification 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 disclosed to the lender about my parents' contribution when I applied for the home loan, so is it really necessary for this now to hold matters up?
The solicitor is legally required to check with the bank to make sure that they are aware that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Colne?
Two types of professional can carry out conveyancing in Colne namely licenced conveyancers or solicitors. The two can handle the legal services that you need to complete the disposal or purchase of property. Both are required to execute Colne conveyancing on similar standards and guidelines so you can be sure that your conveyancing will be professionally administered and that all necessary steps will be correctly attended to.
Is it correct that all Colne CQS (Conveyancing Quality Scheme) solicitors are on the Coventry BS conveyancing list of approved firms?
Some major lenders now make use of CQS as the kick off point for Panel approval such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of firms.
RBS have agreed my mortgage in principle, my offer on a property in Colne has been agreed to, what are the next steps?
Your property agent will need to be informed of your lawyer's details (be sure the lawyers are on the bank’s approved list). Contact RBS or your financial adviser and finalise any outstanding paperwork. RBS will appoint a valuer who will get in contact with the estate agent or vendor to book a time for the valuation to happen. Once carried out (assuming no problems) it takes about a week for the mortgage offer to be issued. RBS will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Colne.
I used Stirling Law several years ago for my conveyancing in Colne. I now require my file but cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down 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 Colne of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm remortgaging my primary home to a BTL loan with Bank of Scotland and intend to use the remaining equity as a deposit on a second property. The location we are talking about is Colne. Will your conveyancers be able to act for the two mortgage companies and tie in the transactions?
Do use our search tool on this site to ensure that the lawyers are approved by both banks. Having checked that they are the lawyer should be able to connect the two deals but you should have a chat with you lawyer and communicate your expectations and requirements.
In my capacity as executor for the estate of my grandfather I am disposing of a residence in Newport but live in Colne. My lawyer (approximately 300 kilometers awayneeds me to sign a statutory declaration ahead of completion. Can you recommend a conveyancing practitioner in Colne who can attest and place their company stamp on the document?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are based in Colne