I have just been advised by my broker that my Theale property lawyer is not on the lender Solicitor panel. What can I do to be certain if this is indeed the case?
You need to call your Theale lawyer directly. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
We are nearing an exchange on a house in Theale and my mum and dad have sent the ten percent deposit to my lawyer. I am now informed that as the deposit has been received from someone other than me my conveyancing practitioner needs to disclose this to my mortgage company. I am advised that, 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 about my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
The conveyancing practitioner is legally required to clarify with mortgage company to make sure that they know that the balance of the purchase price is not from your own resources. Your solicitor can only report this to your lender if you agree, failing which, your lawyer must cease to continue acting.
We're in Theale, First timers purchasing with a mortgage (lender is HSBC , and our lawyer is on the HSBC conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the HSBC conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Theale is the location of the property. What do you suggest?
Flying freeholds in Theale are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Theale you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Theale may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Is it simple use your search app to get a quote from a conveyancing lawyer in Theale on the authorised to act for my bank?
1st pick a mortgage company such as Birmingham Midshires, Norwich and Peterborough Building Society or Godiva Mortgages Ltd then choose your preferred area e.g. Theale. Conveyancing firms in Theale and further afield will then be identified.
As co-executor for the estate of my father I am disposing of a property in Swansea but reside in Theale. My lawyer (approximately 200 miles from merequires that I sign a statutory declaration before completion. Could you suggest a conveyancing solicitor in Theale to attest this legal document for me?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are Theale based