My partner and I are nearing an exchange on a property in Tiverton and my parents have transferred the exchange deposit to my property lawyer. I am now advised that as the deposit has not come from me my conveyancing practitioner needs to make a notification to my bank. I am advised that, 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 advised the bank concerning my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
The conveyancing practitioner is legally required to check with lender to ensure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only notify this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
The deeds to my house are lost. The lawyers who conducted the conveyancing in Tiverton 10 years ago are no longer around. Will I be able to sell the house?
You no longer need to hold title original deeds to evidence that you own the land or property, given that the Land Registry hold details of all registered land or property electronically.
I have been on the look out for a flat up to £235,500 and identified one close by in Tiverton I like with open areas and station in the vicinity, the downside is that it's only got 52 years on the lease. There is not much else in Tiverton for this price, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a home loan that many years will likely be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.
I am downsizing from my home. My previous conveyancers has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in Tiverton if that affects matters.
Please use our search tool to help you find a solicitor for your conveyancing in Tiverton. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
I am using a search engine for the phrase on line conveyancing in Tiverton it reveals many solicitorslocally. With so much choice what is the best way to find the suitable solicitor for the sale of my house?
The best method of finding a suitable conveyancer is via trusted testimonial, so enquire of colleagues and relatives who have bought a property in Tiverton or a local estate agent or mortgage broker. Costs for conveyancing in Tiverton vary, so it's a good idea to request at least three quotes from different companies. Dont forget to clarify that the charges are guaranteed not to to be inflated.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the lender conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the bank conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the lender solicitor panel.