My partner and I are only a couple days away from an exchange on a house in Oakley and my mum and dad have sent the exchange deposit to my conveyancer. I am now told that as the deposit has not come from me my property lawyer needs to make a notification to my lender. Apparently, in also acting for the bank he must advise them that the balance of the purchase price is coming from anyone other than me. I informed the bank concerning my parents' contribution when I applied for the home loan, so is it really necessary for this now to hold matters up?
The conveyancing practitioner is duty bound to clarify with the bank to make sure that they know that the balance of the purchase price is not from your own funds. The solicitor can only notify this to your lender if you agree, failing which, your lawyer must cease to continue acting.
We previously appointed solicitors with offices in Oakley on the TSB solicitor panel. They are now charging me a further fee for handling the TSB mortgage. Is this a supplemental conveyancing fee specified by TSB?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitor may charge a fee for this. This fee is not set by TSB but by your Oakley solicitor. Numerous firms on the TSB panel will charge ’dealing with mortgage’ fee but some firms include it on their overall fee.
I currently have a mortgage with Skipton for my property in Oakley. Conveyancing has been completed some time ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Skipton?
Skipton must be informed of your intention in advance of renting your property as this is likely to be a breach of Skipton’s mortgage conditions. It may be that Skipton will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Skipton directly. You need not do this via a Skipton conveyancing panel solicitor.
I recently had an offer accepted on an apartment in Oakley. My mortgage broker pressured me to appoint their conveyancer. I paid an advanced payment of £225. A couple of days later, the conveyancer called me embarrassingly acknowledging that they were not on the HSBC conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the HSBC panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I need some fast conveyancing in Oakley as I am under an ultimatum to complete in less than 4 weeks. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save money and time?
If.Given you are are a cash buyer you are at liberty not to have searches conducted although no conveyancer would suggest that you don't. With lots of history conveyancing in Oakley the following are examples of what can be revealed and therefore affect the marketability of the property: Enforcement Notices, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
Is it possible to change conveyancer as I need to select one who is on the Clydesdale conveyancing list. I was using a high street conveyancing solicitor in Oakley five minutes from me but she is not approved by Clydesdale
It would be our pleasure to assist you select a conveyancing solicitor in Oakley on the Clydesdale panel. Please note that the law firms that we list do not pay us a referral fee if you instruct them and are under regulation of the Solicitors Regulation Authority who regulate all conveyancing solicitors in Oakley. In making use of the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Oakley.
In my capacity as executor for the will of my father I am selling a residence in Cardiff but reside in Oakley. My lawyer (who is 260 kilometers awayrequires that I sign a stat dec before the transaction finalising. Could you suggest a conveyancing solicitor in Oakley who can witness this legal document for me?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are located in Oakley