My husband and I are only a couple days away from an exchange on a property in Pembrokeshire and my mum and dad have transferred the 10% deposit to my property lawyer. I am now told that as the deposit has not come from me my lawyer needs to disclose this to my lender. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the bank concerning my parents' contribution when I applied for the mortgage, so is it really necessary for this now to hold matters up?
Your solicitor is duty bound to clarify with the bank to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
Can I use your services to recommend a Conveyancing solicitor in Pembrokeshire even if I’m not purchasing or disposing of a house, for example if I intend to acquire a shop in Pembrokeshire with a mortgage from Bank of Scotland?
Our comparison service is mainly used to select residential conveyancing solicitors in Pembrokeshire but we have set out towards the bottom of this page a few Pembrokeshire commercial conveyancing firms. You should speak with the solicitors directly to see if they can also act for Bank of Scotland
Is it the case that all Pembrokeshire solicitor firms on the UBS conveyancing panel are overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the UBS approved list of solicitors they would need to be regulated by the SRA. Some banks do permit licenced conveyancers on their panel and in such a situation the practice would be overseen by the Council of Licensed Conveyancers.
The formalities of my purchase has taken place for my property in Pembrokeshire. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
After shopping around on the internet I have found a Pembrokeshire conveyancer having made sure that they are on the HSBC conveyancing panel. Does my lawyer arrange the survey of the property?
HSBC will need an independent valuation of the property. Your lawyer will not arrange this. Usually HSBC will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Pembrokeshire surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I require fast conveyancing in Pembrokeshire as I have pressure to sign on the dotted line inside 4 weeks. Thankfully I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
As you are are a mortgage free purchaser you are at liberty not to do searches although no lawyer would advise that you don't. With plenty of history conveyancing in Pembrokeshire the following are instances of issues that can appear and adversely impact future saleability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Road Schemes,...
The estate agent has sent us the confirmation of our purchase of a new build flat in Pembrokeshire. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Pembrokeshire
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?