My husband and I are only a couple days away from an exchange on a property in Earl Shilton 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 conveyancer needs to disclose this to my bank. Apparently, in also acting for the mortgage company he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the mortgage company about my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to be an issue?
Your conveyancer is duty bound to clarify with mortgage company to ensure that they know that the balance of the purchase price is not from your own funds. The solicitor can only report this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
We are due to move house in November. Should my conveyancing solicitor call the removal company on the completion day. As an aside, can you put forward a removal company in Earl Shilton. Conveyancing lawyer was organised before I stumbled across your page.
On the day of completion you will need to collect the keys from your estate agent but this can only take place after the previous owners conveyancers confirm to the agent that the monies to complete are in and the keys can be collected. After that you should tell the removal company that they can start moving you in. As a matter of policy we do not recommend a specific removal company but can assist you in finding a conveyancing in Earl Shilton or a lawyer with expertise in conveyancing in Earl Shilton.
I currently have a mortgage with UBS for my property in Earl Shilton. Conveyancing has been completed 12 months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform UBS?
UBS must be informed of your intention prior to renting your property as this is likely to be a breach of UBS’s mortgage conditions. It may be that UBS will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact UBS directly. It should not be necessary to do this via a UBS conveyancing panel firm.
After weeks of negotiation I have agreed a price on a house in Earl Shilton. My financial adviser pressured me to appoint their conveyancing practitioner. I paid an advanced payment of £150. Not long after, the property lawyer contacted me to say that they were not on the Barclays conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Barclays panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
2 months have gone by since my purchase conveyancing in Earl Shilton took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Is there anything unique about your site and other online quote calculators when it comes to conveyancing in Earl Shilton?
At this site obtain a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Earl Shilton. Unlike many estate agents and many comparison sites we do not charge firms a commission if you appoint them for your property ownership legalities in Earl Shilton
I need to instruct a conveyancing lawyer in Earl Shilton for my home move. Can I review a firm’s complaints history with the profession’s regulator?
You may read published Solicitor Regulator Association (SRA) decisions resulting from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. For records Pre 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA sometimes monitor telephone calls for training requirements.
Me and my partner are about to exchange buying a property in Earl Shilton but as a result of damage from the recent storms I have agreed reparation from the current proprietors of four thousand pounds by way of a adjustment in the price. This was going to be dealt with as part of the conveyancing process but the lender will not permit this. Should they have been informed?
Any conveyancer being on the lender approved list is duty bound to disclose to the mortgage company of any variations to the sale price. In the event that you did not allow your solicitor to report the price change to your bank then they would have no choice but to disinstructing themselves from representing you and the bank.