Me and my partner are due to complete on the purchase of a house in Budleigh Salterton but as a result of damage from the recent storms I have was able negotiate compensation from the current proprietors of £3k taking the form of a adjustment in the price. I had intended this to be addressed as part of amending the contract however UBS are not allowing this. Why were they approached?
Your property lawyer being on a UBS conveyancing panel is required to advise UBS of any changes to the purchase price. If you were to refuse your property lawyer to report the reduction to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancer for your conveyancing in Budleigh Salterton.
My flat in Budleigh Salterton is up for sale and I have a purchaser. Will the property lawyer have to be on the Kent Reliance conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Kent Reliance conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently in recent years.
We are buying a flat in Budleigh Salterton. I might seem paranoid but how we can trust a lawyer? On completion day we will need to send funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Is there a list of Kent Reliance panel conveyancers in Budleigh Salterton on the Building Society Association’s Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. Very few mortgage companies make their panel listings viewable on the web. Where you are looking for a Budleigh Salterton property lawyer on the Kent Reliance please use our tool.
I am expecting a AIP from Nationwide this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Nationwide recommend any Budleigh Salterton solicitors on the Nationwide conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Budleigh Salterton solicitors independently although you'll need to choose one on the Nationwide conveyancing panel. The solicitor represents both you and Nationwide through the process.
I have todaydiscovered that Arc property Solicitors have closed. They carried out my conveyancing in Budleigh Salterton for a purchase of a leasehold apartment 10 months ago. How can I establish that my home is not still registered in the name of the previous owner?
The quickest way to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Budleigh Salterton conveyancing specialists.
We are hoping to buy a repression flat in Budleigh Salterton and the bank selling would like to complete within a week. Can a conveyancing practitioner meet that timeframe? Would it be better to instruct a high street Budleigh Salterton firm or an online firm that advertises to offer speedy conveyancing?
Visit your Budleigh Salterton high street. Go in to a couple of solicitor’s offices and ask to see a conveyancing solicitor for an estimate. Set out your needs and get a commitment on time frames. Choose the firm that seems most genuine. Make sure to use a property lawyer on the panel of solicitors who can act for your mortgage company.