My husband and I are getting closer to an exchange on a house in Paignton and my mum and dad have sent the exchange deposit to my solicitor. I am now informed that as the deposit has not arrived from me my solicitor needs to make a notification to my bank. Apparently, in also acting for the bank he must advise them that the balance of the purchase price is not just from me. I advised the bank concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to be an issue?
The property lawyer is legally required to check with mortgage company to ensure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
Can your site be used to locate a Conveyancing solicitor in Paignton even if I’m not buying or disposing of a house, for example where I wish to acquire an office in Paignton with a loan from Birmingham Midshires?
Our comparison service is primarily used to locate residential conveyancing solicitors in Paignton but we have set out at the bottom of this page a few Paignton commercial conveyancing firms. You will need to make contact with the solicitors directly to establish if they can also act for Birmingham Midshires
Can I be sure that the Paignton conveyancing solicitor on the Nottingham panel is any good?
When it comes to conveyancing in Paignton getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the lawyer handling your conveyancing.
We expect to receive a DIP from TSB this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do TSB recommend any Paignton solicitors on the TSB conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Paignton solicitors independently although you'll need to choose one on the TSB conveyancing panel. The solicitor represents both you and TSB through the process.
My fiancee and I are spending time viewing flats in Paignton and I am now considering a potential offer. Is it best to have a conveyancer on ‘stand by’? I will be getting a mortgage with Clydesdale.
It would be prudent to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. As you are obtaining a mortgage with Clydesdale, make sure you remember to check that your lawyer is on the Clydesdale conveyancing panel.
I purchased a 4 bedroom Victorian property in Paignton. Conveyancing practitioner represented me and Chelsea Building Society. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold with the matching property. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Paignton and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing practitioner who conducted the purchase.
I am downsizing from my house. My past solicitors has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in Paignton if that makes things easier.
Do use our search tool to help you find a solicitor for your conveyancing in Paignton. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.