I am not well enough to travel far from Aldwych. I would like to know the reason why all Aldwych conveyancing practitioners aren't included on all bank panels?
As inequitable as it may appear for lenders to restrict who can represent them, from the public’s or conveyancer’s viewpoint, the other side of the coin is that mortgage companies are increasingly anxious and feel it crucial to protect them from illegal activities. As a result of this concern banks are limiting their panel of approved conveyancing lawyers to a size that they are happy to control.
Me and my partner are about to complete buying a house in Aldwych but as a consequence of damage from a small fire at the property I have was able negotiate reparation from the vendor of £2k in the form of a adjustment in the price. This was going to be addressed as part of a side agreement however UBS are not allowing this. Why were they involved?
Your conveyancing practitioner that is on the UBS conveyancing panel is required to disclose to UBS of any variations to the sale price. If you prohibit your lawyer to report the price change to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancing practitioner for your conveyancing in Aldwych.
My grandfather passed away six months ago and as sole heir and executor I was left the house in Aldwych. The house had a small mortgage left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this allowed?
Given you plan to refinance then Santander will insist on your using a conveyancer on the Santander conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Santander conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Santander mortgage is registered as a charge at the Land Registry.
I'm remortgaging my primary home to a buy to let loan with Lloyds TSB Bank and intend to use the remaining equity as a down payment on a second property. The location we are interested in is Aldwych. Will your solicitors be able to act for both sets of lenders and tie in the transactions?
Do use our comparison tool on this page to ensure that the solicitors are on the appropriate lender panels. Having checked that they are your lawyer will be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and make apparent your expectations and needs.
I am 17 days into a leasehold purchase having been referred to conveyancers by the local agent to perform conveyancing in Aldwych. I am am extremely disappointed with the level of service. Can you you assist me in finding new solicitors?
A lawyer would need to be very bad in order to consider changing them. Has the loan offer been sent? If so you will need to advise them of the new contact details and have the loan are re-sent. The conveyancer should be on the banks approved list to avoid escalating charges and complications. So that should be your starting point. Our find a solicitor tool can assist you in finding a bank approved solicitor for your conveyancing in Aldwych