My partner and I are getting closer to an exchange on a flat in Witham and my parents have transferred the ten percent deposit to my conveyancer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification 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 disclosed to the lender regarding my parents' contribution when I applied for the home loan, so is it really necessary for this now to be an issue?
The conveyancing practitioner is obliged to clarify with the bank to make sure that they know that the balance of the purchase price is not from your own resources. Your solicitor can only reveal this to your lender if you agree, failing which, your lawyer must cease to continue acting.
Can your site be used to locate a Conveyancing solicitor in Witham even where I’m not buying or disposing of a house, for instance if I wish to buy an office in Witham with a loan from Barclays Direct?
Our comparison service is mainly there to locate domestic conveyancing solicitors in Witham but we have listed at the bottom of this page some Witham commercial conveyancing firms. You will need to enquire with the company directly to see if they can also act for Barclays Direct
We previously appointed conveyancing lawyers locally in Witham on the UBS solicitor panel. They are now charging me an additional amount for handling the UBS mortgage. Is this a supplemental conveyancing fee set by UBS?
Provided it is contained in their Terms and Conditions or estimate then yes your property lawyer is entitled to charge a fee for this. This charge is not set by UBS but by your Witham solicitor. Numerous firms on the UBS panel will levy ’dealing with mortgage’ fee and others do not.
It is unclear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Witham bank branch on a couple of occasions and was told it wasn't an issue and they would lend. My Witham conveyancing solicitor - who is on the lender conveyancing panel- called to say that they refuse to lend in accordance with their published requirements. I have no idea who is right.
The conveyancer has to comply with the CML Handbook section two requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
After shopping around on the internet I have found a Witham property lawyer having made sure that they are on the Bank of Ireland conveyancing panel. Does my lawyer arrange the survey of the property?
Bank of Ireland will need an independent valuation of the property. Your lawyer will not arrange this. Usually Bank of Ireland will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Witham postcode. As you are getting a mortgage with Bank of Ireland, you could contact them to see if they have a list of approved surveyors in Witham.
What does a local search tell me about the house I am purchasing in Witham?
Witham conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search company for example Searchflow The local search is essential in every Witham conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your property. The search will supply data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.
My company is intending to lease a unit on a shopping parade. Can you recommend solicitors offering no-move-no fees for non-domestic conveyancing in Witham for under 1500k?
We can recommend firms who have specialist knowledge of commercial conveyancing in Witham, including the disposal and purchase of businesses as well as simply premises. Whether you are looking to purchase or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right solicitor. As for the fees this will depend on the structure and heads of terms of the proposed transaction. Let us have your contact information or call us so that we may provide you with comprehensive commercial conveyancing calculation.
Online reading suggests that Witham solicitors are more expensive than licensed conveyancers in Witham to use when purchasing a property. So is it better if I use a conveyancer or a solicitor if I am buying a house in Witham.
When it comes to conveyancing in Witham the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.