My partner and I are nearing an exchange on a property in Woldingham and my mum and dad have sent the 10% deposit to my solicitor. I am now advised that as the deposit has not come from me my property lawyer needs to make a notification to my mortgage company. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is coming from anyone other than me. I informed the lender about my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
The solicitor is obliged to check with the bank to make sure that they know that the balance of the purchase price is not from your own funds. The solicitor can only disclose this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
Having sold my house in Woldingham last July yet the purchaser is SMS messaging daily to say his solicitor is waiting to hear from mylawyer. What should have happened following completion?
Following your sale your conveyancer should deliver the transfer documentation and all of the paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer should also confirm that the mortgage has been discharged to the buyers solicitors. There is unlikely to be post completion requirements unique to conveyancing in Woldingham.
I am in the process of mortgaging my property in Woldingham, does my lawyer have to be on the Nationwide Conveyancing panel?
In theory, you could use a solicitor that is not on the Nationwide conveyancing panel, but Nationwide would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I need some expedited conveyancing in Woldingham as I am faced with a deadline to complete within one month. Luckily I do not require a mortgage. Can I avoid the conveyancing searches to save fees and time?
As you are not obtaining a mortgage you have the choice not to do searches although no lawyer would advise that you don't. With plenty of history conveyancing in Woldingham the following are instances of what can appear and adversely affect future mortgageability: Enforcement Notices, Overdue Charges, Outstanding Grants, Unadopted Roads,...
I'm refinancing my primary property to a BTL loan with TSB and I will use the ballance of the raised equity towards further house. The location we are interested in is Woldingham. Will your solicitors be able to act for the two mortgage companies and tie in the transactions?
Do use our search tool on this page to ensure that the lawyers are approved by both mortgage companies. Assuming that they are the lawyer should be able to simultaneously deal with the two conveyancing matters but you should talk with you conveyancer and communicate your expectations and requirements.
I have just appointed agents to market my 2 bed flat in Woldingham. Conveyancing solicitors are to be appointed soon, however I have recently had a yearly service charge invoice – what should I do?
It best that you pay the invoice as you normally would as all rents and maintenance payments should be allotted on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I have given up trying to purchase the freehold in Woldingham. Can the Leasehold Valuation Tribunal adjudicate on premiums?
You certainly can. We can put you in touch with a Woldingham conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Woldingham flat is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case related to 3 flats. The unexpired term as at the valuation date was 75 years.