My husband and I are approaching an exchange on a property in Shortlands and my mum and dad have sent the ten percent deposit to my lawyer. I am now told that as the deposit has been sent from someone other than me my solicitor needs to disclose this to my lender. Apparently, in also acting for the bank he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the mortgage company regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to delay the deal?
Your conveyancing practitioner is obliged to check with lender to ensure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only report this to your lender if you agree, failing which, your lawyer must cease to continue acting.
Completed the sale of my flat in Shortlands last June but the buyer keeps Skype messaging daily to moan that his lawyer needs to hear from mysolicitor. What should my lawyer have done now that I have sold?
Post completion of your house sale your conveyancer is duty bound to deliver the transfer documentation and all of the paperwork to the buyer’s conveyancer. If applicable, your solicitor must also evidence that the mortgage has been redeemed to the buyers lawyers. There are no post completion formalities peculiar conveyancing in Shortlands.
We are expecting a mortgage offer soon. The bank mentioned the loan came with free conveyancing. Is the implication that I have to use their panel solicitor as I would much rather appoint a specialised conveyancing solicitor in Shortlands?
Do check but the the likelihood is that appoint one of their panel solicitors if you accept the "fee-free" offer. Speak to the mortgage company to ask if they allow a cash alternative. Some mortgage companies have previously offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor near Shortlands.
How does conveyancing in Shortlands differ for new build properties?
Most buyers of new build or newly converted property in Shortlands approach us having been asked by the seller to sign contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Shortlands typically acquire the site, 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 conveyancers 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 accustomed to new build conveyancing in Shortlands or who has acted in the same development.
How do I search for a Shortlands solicitor on the Barclays conveyancing panel? I am a keen cyclist and am willing to travel upto 10kilometers to meet the solicitor.
You can use the search on this website. Please select a bank and your location and you will see a number of Shortlands conveyancing lawyers locally. We have listed some Shortlands conveyancing firms towards the end of this page and you can ring them to verify whether they are on the Barclays member panel
What type of property do your Shortlands conveyancing estimates apply to?
The quotes provided are only applicable to standard residential premises in England & Wales. If you have any different requirements such as industrial or agricultural land or commercial conveyancing in Shortlands please telephone us to address this further .