Me and my partner are purchasing a house in Pelsall. I might seem paranoid but how we can trust a conveyancer? At some point we have to put money into their account. What is the protection we have from them run away with our money?
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 are planning to move home in October. Does my conveyancing solicitor communicate with the removal company on the day of completion. Incidentally, can you suggest a removal company in Pelsall. Conveyancing lawyer was found prior to coming across this site.
On the day of completion you can pick up the house keys from the selling agent but this should only happen once the previous owners conveyancers advise the agent that the monies to complete are in and the keys can be released. You should advise the removal company that they can start moving you in. We do not recommend a specific removal company but can assist you in finding a conveyancing in Pelsall or a solicitor that specialises in conveyancing in Pelsall.
I'm the only recipient of my late father’s will with all property in now in my sole name, including the house in Pelsall. Conveyancing formalities meant that the Land Registry date was in July. I now wish to sell up. I do know about the Mortgage Lenders six month 'rule', meaning my proprietorship could be treated the same way as if I'd bought the property in July. Will no one buy the property for half a year?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. Most lenders would take a pragmatic view as this obligation primarily exists to identify subsales or the quick reselling of properties.
I have justdiscovered that Stirling Law have been shut down. They carried out my conveyancing in Pelsall for a purchase of a freehold house 12 months ago. How can I check that my home is in my name in the name of the former proprietor?
The quickest way to see if the premises is registered to you, you can carry out 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 Pelsall conveyancing specialists.
I'm purchasing a new build house in Pelsall benefiting from help to buy. The sellers refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The sale representative told me not inform my solicitor about the deal as it could impact my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I decided to have a survey carried out on a house in Pelsall ahead of instructing solicitors. I have been advised that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies will refuse to give a mortgage on this type of home.
It depends who your proposed lender is. Lloyds has different instructions from Nationwide. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Pelsall. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking for a conveyancing lawyer in Pelsall for my sale. Can I check a firm’s record with the legal regulator?
You may see published Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Visit Check a solicitor's record. To find details Pre 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The SRA could recorded call for training reasons.
Our conveyancing in Pelsall completes this Friday, but the sellers I am buying off wants to vacate the next day at afternoon. Do I agree to this?
Where you require a bank loan then your solicitor will demand that you have vacant possession on Friday - the mortgage company will require it.