My solicitor has identified a defect with the lease for the property we are buying in Saltash. The other side have offered title insurance as a workaround. We are happy with insurance and will cover the costs. Our solicitor says that he must check that the lender is willing to move forward with this solution. Who is the client here, us or the lender?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the mortgage company are the client. Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook specifications. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your conveyancing practitioner will have no choice but to discontinue acting for you.
I am planning to move home in October. Will my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you put forward a removal company in Saltash. Conveyancing firm was found before I stumbled across your website.
On the afternoon of completion you can pick up the keys from the estate agent but this can only occur when the sellers solicitors advise the agent that they have the completion monies and the keys can be passed over. Subsequently 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 help you find a conveyancing in Saltash or a solicitor with expertise in conveyancing in Saltash.
Is there a list of Coventry BS panel solicitors in Saltash on the Building Society Association’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association sites. A small selection of banks make their panel listings viewable online. Where you are looking for a Saltash conveyancing practitioner on the Coventry BS please use our tool.
The mortgage over my property is with Barclays for my property in Saltash. Conveyancing was finalised some time ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Barclays?
You must advise Barclays in advance of renting your property as this is likely to be a breach of Barclays’s mortgage conditions. It may be that Barclays will allow you to rent 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 Barclays directly. It should not be necessary to do this via a Barclays conveyancing panel solicitor.
My wife and I are close to exchanging contracts on the sale of our property in Saltash and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any high street Saltash lawyer would know that there is no such problem. For the life of me I don't know why the buyers used a factory type conveyancing outfit rather than a conveyancing solicitor in Saltash. We have lived in Saltash for 4 years we know that this is a non issue. Should we contact our local Authority to obtain clarification need.
It would appear that you have a conveyancing solicitor already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I used Action Conveyancing a few years past for my conveyancing in Saltash. Now, I need the files however the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate 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 Saltash of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am looking into buying my first house which is in Saltash and I am already nervous. I couldn't find anything specific about Saltash. Conveyancing will be needed in due course but do you know about the Saltash area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Saltash. In the meantime here are some basic statistics that we found
Should I stop the direct debit for my mortgage with TSB as soon as a completion date for my sale in Saltash has been agreed?
You would be well advised to keep meeting any mortgage sums to TSB until the mortgage is paid off from the proceeds of sale as part of your Saltash conveyancing.