I am getting closer to an exchange on a property in Trowbridge and my parents have sent the exchange deposit to my property lawyer. I am now advised that as the deposit has been received from someone other than me my conveyancing practitioner needs to make a notification to my mortgage company. Apparently, in also acting for the mortgage company 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 home loan, so is it really necessary for him to raise this?
Your solicitor is legally required to check with the bank to make sure 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 agree, failing which, your lawyer must cease to continue acting.
I have been referred to a conveyancing solicitor in Trowbridge. I need to find out whether they are on the Nottingham Building Society conveyancing panel. Could you assist?
You should e-mail the conveyancer and ask them if they can act for the bank. Alternatively you should get in touch with Nottingham Building Society who may be able to assist.
I am helping my mother sell her property in Trowbridge. Does the conveyancer arrange the energy assessment or should I organise this?
Following the abolition of Home Information Packs, EPC’s remained a compulsory part of moving property. An energy performance certificate must be to hand before the property is marketed. This is not something that solicitors normally arrange. Where you are instructing a Trowbridge conveyancing lawyer they might help arrange energy performance certificates due to their contacts with long established Trowbridge energy assessors
When it comes to mortgage companies such as UBS, do Trowbridge solicitors incur an annual charge to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
We are getting a further advance on our home loan from TSB as we want to conduct alterations to our house in Trowbridge. Are we obliged to choose a nearby Trowbridge solicitor on the TSB conveyancing panel to handle the legals?
TSB would not normally require a member of their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the TSB list.
I require expedited conveyancing in Trowbridge as I have pressure to sign on the dotted line within one month. Fortunately I do not need a mortgage. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are not getting a mortgage you have the choice not to have searches carried out although no conveyancer would suggest that you don't. Drawing on our experience of conveyancing in Trowbridge the following are examples of issues that can be revealed and adversely affect future saleability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Road Schemes,...
My husband and I are a couple of weeks into a residential purchase having been referred to conveyancers by the selling agent to execute conveyancing in Trowbridge. I am am extremely frustrated with the quality of service. Could you you assist me in finding new solicitors?
A solicitor would need to be really bad in order to consider changing them. Has the mortgage offer been generated? In the event that it has you need to make them aware of the new contact details and get the offer are re-sent. The conveyancer needs to be on the lenders panel to avoid supplemental fees and frustration. That should be your starting point. The search tool can assist you in finding a lender approved solicitor for your conveyancing in Trowbridge