My husband and I are approaching an exchange on a house in Newport Pagnell and my parents have transferred the 10% deposit to my conveyancer. I am now told that as the deposit has been received from someone other than me my solicitor needs to make a notification to my mortgage company. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I advised the lender regarding my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
The lawyer is duty bound to clarify with lender to make sure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only report this to your lender if you agree, failing which, your lawyer must cease to continue acting.
We are looking to buy a flat and need a conveyancing solicitor in Newport Pagnell who is on the TSB solicitor panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for TSB . We don't recommend any particular firms conducting conveyancing in Newport Pagnell.
I am purchasing a semi-detached house in Newport Pagnell. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Newport Pagnell you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Newport Pagnell.
Despite weeks of looking the Title Certificate and documents to my property are lost. The solicitors who did the conveyancing in Newport Pagnell 4 years ago are no longer around. What are my options?
Assuming the title is registered the details of your proprietorship will be recorded by the Land Registry under a Title Number. It is easy to conduct a search at the Land Registry, find your house and obtain current copies of the property title for less than a fiver. If the title is Leasehold then the Land Registry will also normally hold a file duplicate of the Registered Lease and again, a copy can be obtained for a small fee.
My husband and I are FTB’s - had an offer accepted, but the estate agent told us that the owners will only go ahead if we use their recommended conveyancers as they want an ‘expedited deal’. My instinct tells me that we should use a family conveyancer used to conveyancing in Newport Pagnell
It is highly unlikely the vendors are behind this. If they desire ‘a quick sale', taking such a hostile approach to a motivated buyer is going to damage their objectives. Try to communicate with the owners directly and make sure they comprehend that (a)you are genuine buyers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)but you are going to use your own,trusted Newport Pagnell conveyancing lawyers - not the ones that will earn the negotiator at the agency a kickback or meet his conveyancing thresholds demanded by head office.