I am hoping to receive a mortgage with Santander. My intention is to instruct a Licensed Conveyancer in St Helens. Does the Santander Conveyancing panel allow for Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
We are approaching an exchange on a house in St Helens and my mum and dad have transferred the exchange deposit to my property lawyer. I am now told that as the deposit has not come from me my conveyancing practitioner 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 not just from me. I advised the bank concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The solicitor is duty bound to check with the bank to make sure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only disclose this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
Due to the guidance of my in-laws I had a survey completed on a house in St Helens in advance of retaining lawyers. I have been advised that there is a flying freehold element to the house. Our surveyor advised that some banks will refuse to give a loan on a flying freehold property.
It depends who your proposed lender is. Lloyds has different requirements from Birmingham Midshires. Should you wish to call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in St Helens. Conveyancing will be smoother if you use a solicitor in St Helens especially if they are familiar with such properties in St Helens.
What does commercial conveyancing in St Helens cover?
Non domestic conveyancing in St Helens covers a wide range of advice, offered by regulated solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
I am using a search engine for the words on line conveyancing in St Helens it shows results of numerous property lawyersin the vicinity. With so much choice what is the best way to find the right solicitor for purchase transaction?
The best way of finding the right conveyancer is via trusted recommendation, so enquire of friends and those you trust who have purchased a property in St Helens or the local estate agent or financial adviser. Charges for conveyancing in St Helens differ, so it's advisable to request at least three estimates from varying types of solicitors. Make sure that you clarify that the fees are fixed.
My conveyancing in St Helens is set to complete on Friday, yet the vendors I am buying from has asked to move out 24 hours later at PM. Should I agree to such a plan?
If you need a mortgage then your conveyancer will require that you have vacant possession on Friday - the mortgage company will insist on it.