My partner and I are approaching an exchange on a property in Higham Ferrers and my parents have sent the exchange deposit to my solicitor. I am now told that as the deposit has not come from me my conveyancer needs to make a notification 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 informed the mortgage company concerning my parents' contribution when I applied for the home loan, so is it really necessary for this now to be an issue?
The lawyer is obliged to check with the bank to make sure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only notify this to your lender if you agree, failing which, your lawyer must cease to continue acting.
We see that you have a post code search directory listing firms on the Principality conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Higham Ferrers?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Higham Ferrers.
My Conveyancer in Higham Ferrers is not on the Birmingham Midshires Approved Panel. Is it possible for me to use my family solicitor even though they are not on the Birmingham Midshires panel?
The limited options available to you here include:
- Complete the purchase with your preferred Higham Ferrers lawyers but Birmingham Midshires will need to retain a solicitor on their list of acceptable firms. This will inevitably rack up the total legal charges as well as cause delays.
- Find a new solicitor to to deal with the conveyancing, not forgetting to check they are Birmingham Midshires approved.
- Persuade your Birmingham Midshires based solicitor to try to join the Birmingham Midshires panel
I am purchasing a victorian detached house in Higham Ferrers. Our aim is to an extension at the rear at the property.Will legal investigations on the property include enquiries to determine if these alterations are prohibited?
Your conveyancer should review the registered title as conveyancing in Higham Ferrers will occasionally identify restrictions in the title documents which restrict categories of works or require the permission of a 3rd party. Many additions require local authority planning permissions and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.
We were going to get a DIP from Leeds Building Society this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Leeds Building Society recommend any Higham Ferrers solicitors on the Leeds Building Society conveyancing panel, or is it better to go independently?
You will need to appoint Higham Ferrers solicitors independently although you'll need to choose one on the Leeds Building Society conveyancing panel. The solicitor represents both you and Leeds Building Society through the process.
After much negotiation I have agreed a price on an apartment in Higham Ferrers. My mortgage broker suggested a conveyancer. I paid an upfront payment of £175. Not long after, the lawyer called me to say that they were not on the HSBC conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the HSBC panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I need to find a conveyancing solicitor for sale conveyancing in Higham Ferrers. I've chance upon a site which looks to be the perfect answer If it is possible to get all formalities completed via email that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?