We are nearing an exchange on a house in East Barming and my mum and dad have transferred the 10% deposit to my conveyancer. I am now informed that as the deposit has been received from someone other than me my conveyancing practitioner needs to disclose this to my lender. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the mortgage company about my parents' contribution when I applied for the home loan, so is it really appropriate for this now to hold matters up?
Your conveyancer is duty bound to check with lender to make sure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only notify this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
Can I use your services to locate a Conveyancing solicitor in East Barming even if I’m not purchasing or disposing of a house, for example if I intend to acquire an office in East Barming with a mortgage from Yorkshire Building Society?
Our comparison service is primarily there to find domestic conveyancing solicitors in East Barming but we have recorded towards the bottom of this page some East Barming commercial conveyancing firms. You will need to speak with the company directly to establish if they can also act for Yorkshire Building Society
My lawyer in East Barming is not listed on the Virgin Money Approved Panel. Is it possible for me to continue with my prefered solicitor even though they are not on the Virgin Money panel?
The limited options available to you here include:
- Complete the purchase with your preferred East Barming solicitors but Virgin Money will need to use a lawyer on their list of acceptable firms. This will result in additional overall legal charges as well as cause frustration.
- Get a new solicitor to to deal with the conveyancing, remembering to check they are Virgin Money approved.
- Persuade your Virgin Money based solicitor to seek to join the Virgin Money panel
What makes your site different to alternative internet conveyancing brokers for conveyancing in East Barming?
At this site receive an accurate quote via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in East Barming. Unlike many estate agents and brokerage sites we are not in the business of charging firms a commission if you appoint them for your property ownership legalities in East Barming
As a tenant I am on the hook for a maintenance fee for my appartment in East Barming. Due to losing my job and other issues I slipped into arrears with payments. I negotiated a payment plan but there is still a couple of outstanding as of today.
I now wish to sell and I am nervous that this can hold me back if I have to discharge the amount due now. I'd like to sell up and subsequently repay the debt from the proceeds - is this achievable?
You should clarify with the conveyancing practitioner handling your East Barming conveyancing but it might be possible to agree for the debt to be passed to the purchasers. The sale price they pay would be adjusted to reflect the amount of debt they take on. They would then pay the outstanding monies once they are the owners.