I have just been advised by my estate agent that my Wheathampstead lawyer is not on the bank Solicitor panel. What can I do to be sure that this is correct?
You need to call your Wheathampstead conveyancer. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they may recommend you to a Wheathampstead conveyancing firm that is on the approved list of lawyers for your bank.
We are only a couple days away from an exchange on a flat in Wheathampstead and my mum and dad have transferred the ten percent deposit to my conveyancing practitioner. I am now informed that as the deposit has not come from me my property lawyer needs to disclose this to my mortgage company. I am advised that, in also acting for the lender he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the bank about my parents' contribution when I applied for the mortgage, so is it really necessary for this now to delay the deal?
The solicitor is obliged to clarify with mortgage company to ensure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only report this to your lender if you agree, failing which, your lawyer must cease to continue acting.
Can your site be used to recommend a Conveyancing solicitor in Wheathampstead even where I’m not purchasing or selling a house, for example where I want to acquire a shop in Wheathampstead with a loan from Lloyds TSB Bank?
Our search tool is primarily there to find residential conveyancing solicitors in Wheathampstead but we have set out at the end of this page some Wheathampstead commercial conveyancing firms. You will need to speak with the company directly to check if they are also authorised to represent Lloyds TSB Bank
How does conveyancing in Wheathampstead differ for newly converted properties?
Most buyers of new build or newly converted property in Wheathampstead contact us having been asked by the builder to sign contracts and commit to the purchase even before the house is constructed. This is because builders in Wheathampstead tend to purchase 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 accustomed to new build conveyancing in Wheathampstead or who has acted in the same development.
Is it possible to change firm as I need to choose a firm on the Bank of Scotland conveyancing panel. I hired a high street conveyancing solicitor in Wheathampstead five minutes from me but the firm is not accepted by Bank of Scotland
We will our best to assist in finding you a conveyancing solicitor in Wheathampstead on the Bank of Scotland panel. Please note that the property lawyers that we work with do not pay us commission if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Wheathampstead. In utilising the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Wheathampstead.
Is it true that a Wheathampstead conveyancing firm got sued by clients for not carrying out the right conveyancing searches?
Our attention has not be brought to such a Wheathampstead conveyancing claim but it has been reported that, clients acquiring a home elsewhere in England successfully sued their property lawyer as a consequence of development plans to erect a wind farm not being picked up in conveyancing searches.
If you are purchasing in Wheathampstead It is essential that your property lawyer purchase all Wheathampstead conveyancing searches necessary making sure that you have relevant and current information ahead of buying a property.