I am nearing an exchange on a property in Crews Hill and my parents have transferred the exchange deposit to my lawyer. I am now advised that as the deposit has not come from me my solicitor needs to make a notification to my bank. Apparently, in also acting for the bank he must advise them that the balance of the purchase price is not just from me. I disclosed to the bank about my parents' contribution when I applied for the home loan, so is it really appropriate for this now to be an issue?
Your lawyer is duty bound to clarify with mortgage company to ensure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your bank if you agree, failing which, your lawyer must cease to continue acting.
Can your site be used to recommend a Conveyancing solicitor in Crews Hill even if I’m not buying or selling a house, for instance if I intend to buy a shop in Crews Hill with a mortgage from Coventry Building Society?
Our comparison service is primarily utilised to help choose domestic conveyancing solicitors in Crews Hill but we have recorded towards the bottom of this page some Crews Hill commercial conveyancing firms. You will need to make contact with the firm directly to check if they are also authorised to represent Coventry Building Society
I have paid off my mortgage with Lloyds. I assume I don't need a Crews Hill lawyer on the Lloyds panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Lloyds mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Lloyds mortgage from the register. Lloyds, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Lloyds has sent the Land Registry the discharge electronically, and
- Lloyds has instructed the Land Registry to do so
I am selling my apartment. I had a double glazing fitted in July 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Santander are being problematic. The Crews Hill solicitor who is on the Santander conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Santander are requiring a building regulation certificate. Why do Santander have a conveyancing panel if they don't accept advice from them?
It is probably the case that Santander have referred the matter to their valuer. The reason why Santander may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
At last I have had an offer on an apartment in Crews Hill agreed to, but there is a chain. The sellers have put an offer on a property, however it’s not yet tied up, and have viewings of other apartments in the pipeline. I have selected a high street conveyancing solicitor in Crews Hill. What should be my next step? When do I get the mortgage application with Co-operative going?
It is understandable to have concerns where there is a chain as you are unlikely to want to incur costs too early (mortgage application is in the region of £1k, then valuation, Crews Hill conveyancing search fees, etc). The first thing to do is ensure that your lawyer is on the Co-operative approved list. Concerning the subsequent steps this very much depends on the uniqueness of your case, attraction to the property and on the state of the market. In a hot market some home buyers would apply for a home loan with Co-operative and arrange for the valuation and only if it comes back ok would they ask their lawyer to move forward with the conveyancing in Crews Hill.
What does commercial conveyancing in Crews Hill cover?
Crews Hill conveyancing for business premises incorporates a wide array of advice, offered by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I am thinking of appointing a conveyancing practitioner in Crews Hill for my remortgage. Is there any facility to check a firm’s record with the legal regulator?
Members of the public can search for published Solicitor Regulator Association (SRA) determinations arising from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The regulator could monitor call for training reasons.
Estate agents have just been given the go-ahead to market my 2 bed apartment in Crews Hill.Conveyancing lawyers have not yet been instructed but I have recently received a yearly maintenance charge invoice – should I leave it to the buyer to sort out?
It best that you pay the invoice as you normally would because all rents and service payments should be allottedon completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process