We are approaching an exchange on a flat in Marlborough and my mum and dad have transferred the exchange deposit to my conveyancer. I am now advised that as the deposit has been received from someone other than me my conveyancer needs to make a notification to my mortgage company. I am advised that, in also acting for the mortgage company he must inform them that the balance of the purchase price is not just from me. I informed the mortgage company concerning my parents' contribution when I applied for the home loan, so is it really appropriate for this now to delay the deal?
Your conveyancing practitioner is duty bound to clarify with the bank to make sure that they know that the balance of the purchase price is not from your own resources. Your solicitor can only disclose this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Marlborough. My lender is Tesco Bank
Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 31/5/2025, the requirements read as follows :
A relative pointed out to me me that in buying a property in Marlborough there may be various restrictions prohibiting external alterations to a property. Is this right?
There are anumerous of properties in Marlborough which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Marlborough should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Yorkshire BS have agreed my mortgage in principle, my offer on a property in Marlborough has been agreed to, what happens next?
Your property agent will want to be informed of your solicitor's details (make sure the conveyancing practitioners are on the bank’s approved list). Telephone Yorkshire BS or your financial adviser and complete any relevant documentation. Yorkshire BS will appoint a valuer who will get in touch with the estate agent or seller to book a time for the valuation to occur. Once conducted (assuming no problems) it takes on average ten days for the mortgage offer to be issued. Yorkshire BS will issue the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Marlborough.
I have finally had an offer on a flat in Marlborough agreed to, the vendors do nevertheless have a connected purchase. The owners have placed an offer on somewhere, but it’s not been accepted yet, and have viewings of other apartments in the pipeline. I have selected a nearby conveyancing solicitor in Marlborough. What should be my next step? When do I get the mortgage application with Coventry BS going?
It is normal to have concerns where there is a chain as you are unlikely to want to incur expenses too early (mortgage application is in the region of one thousand pounds, then valuation, Marlborough conveyancing search fees, etc). The first course of action is to check that your conveyancer is on the Coventry BS approved list. Regarding the next stages this very much dictated by the uniqueness of your case, attraction to this property and on the state of the market. During a rising market some purchasers would apply for the mortgage with Coventry BS and arrange for the valuation and only if it was satisfactory would they ask their solicitor to proceed with searches.
How does conveyancing in Marlborough differ for newly converted properties?
Most buyers of new build residence in Marlborough come to us having been asked by the developer to exchange contracts and commit to the purchase even before the property is completed. This is because developers in Marlborough usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Marlborough or who has acted in the same development.
I am using a search engine for the term conveyancing in Marlborough it shows results of numerous conveyancersin the area. How do I determine which is the right solicitor for my move?
The ideal method of choosing a suitable conveyancer is through a personal recommendation, so enquire of colleagues and relatives who have bought a property in Marlborough or the reputable estate agent or mortgage broker. Charges for conveyancing in Marlborough differ, so it's sensible to request a minimum of three quotes from varying types of law firms. Make sure that you know that the charges are guaranteed not to escalate.
What can I do to establish who owns a property in Marlborough?
Assuming that the property is registered with HM Land Registry, and you have enough details of the location of the premises, you should be able to see details from the the Land Registry of the registered owner for a fee.