I am expecting a mortgage offer from Santander. I would like to retain the legal services of a Licensed Conveyancer in Crewkerne. Does the Santander Conveyancing panel allow for Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We are approaching an exchange on a property in Crewkerne and my mum and dad have sent the ten percent deposit to my property lawyer. I am now advised that as the deposit has been sent from someone other than me my conveyancer needs to disclose this to my mortgage company. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I disclosed to the bank about my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
Your lawyer is obliged to clarify with mortgage company to ensure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only disclose this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
Finally the sale completed on my house in Crewkerne last January but the buyer keeps calling me to say her solicitor needs to hear from myconveyancer. What are the post completion sale formalities following completion?
Following your disposal your solicitor is committed to forward the transfer documentation and all additional paperwork to the purchaser's lawyers. If applicable, your solicitor must also send confirmation that the mortgage has been discharged to the buyers solicitors. There is unlikely to be post completion steps just for conveyancing in Crewkerne.
I am looking for a leasehold apartment up to £195,000 and identified one round the corner in Crewkerne I like with open areas and station nearby, however it's only got 49 years on the lease. I can't really find anything else in Crewkerne suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a mortgage the shortness of the lease may be an issue. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.
In my capacity as executor for the estate of my grandmother I am selling a house in Neath but reside in Crewkerne. My solicitor (approximately 260 kilometers awayhas requested that I execute a stat dec ahead of completion. Could you suggest a conveyancing lawyer in Crewkerne who can witness and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will be fine regardless of whether they are Crewkerne based