My partner and I are approaching an exchange on a property in Stone and my parents have transferred the ten percent deposit to my solicitor. I am now advised that as the deposit has not come from me my conveyancing practitioner needs to disclose this to my mortgage company. Apparently, in also acting for the mortgage company he must advise them that the balance of the purchase price is not just from me. I disclosed to the mortgage company regarding my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
Your lawyer is obliged to clarify with mortgage company to ensure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
Are the Stone conveyancing solicitors identified as being on the Aldermore conveyancing panel, together with their details provided by Aldermore?
Stone conveyancing firms themselves provide us confirmation that they are on the Aldermore conveyancing panel as opposed to being supplied with a list from Aldermore directly.
How does conveyancing in Stone differ for newly converted properties?
Most buyers of new build or newly converted property in Stone approach us having been asked by the builder to sign contracts and commit to the purchase even before the house is ready to move into. This is because builders in Stone tend to buy the real estate, 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 Stone or who has acted in the same development.
What tools are available to search for a Stone law firm on the Yorkshire Building Society conveyancing panel? I have wheels and am happy to travel upto 25kilometers to meet the conveyancer.
You can use the facility on this website. Please choose the lender and your location and you will see a number of Stone conveyancing lawyers located nearest you. We have detailed some Stone conveyancing firms at the bottom of this page and you can contact them to verify whether they are on the Yorkshire Building Society panel
I am using a search engine for the words on line conveyancing in Stone it shows results of many conveyancersin the area. How do I determine which is the right solicitor for my move?
The ideal method of choosing the right conveyancer is through a personal testimonial, so enquire of friends and family who have acquired a property in Stone or the respected estate agent or mortgage broker. Costs for conveyancing in Stone vary, so it's advisable to request at least three quotes from different companies. Be sure to seek confirmation that the costs are guaranteed not to increase.
I am buying a flat and require a conveyancing solicitor in Stone who is on the lender solicitor panel. Could you point me in the right direction as regards a Stone solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the bank who conduct conveyancing in Stone. We dont recommend any particular firm.