It has come to my attention via my mortgage adviser that my Gurnard the law firm I have appointed is not on the mortgage company Conveyancing panel. How can I check?
Your first step should be to contact your Gurnard lawyer directly. It is reasonable to expect your lawyer to notify you what has happened. If they are not on the panel they may recommend you to a Gurnard conveyancing firm that is on the conveyancing panel for your bank.
My husband and I are getting closer to an exchange on a flat in Gurnard and my parents have sent the 10% deposit to my conveyancer. I am now advised that as the deposit has been received from someone other than me my property lawyer needs to disclose this to my lender. I am advised that, in also acting for the lender he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the lender regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The conveyancer is obliged to clarify with lender to ensure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only notify this to your bank if you agree, failing which, your lawyer must cease to continue acting.
We note that you have a post code search directory listing solicitors on the HSBC conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Gurnard?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Gurnard.
Me and my partner are buying a flat in Gurnard. I might seem paranoid but how we can trust a lawyer? On the day of competition we have to send funds into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
What is the difference between a licensed conveyancer and conveyancing solicitor in Gurnard
Two types of professional can conduct conveyancing in Gurnard namely CLC regulated conveyancers or solicitors. The two can handle conveyancing services that you need to complete the sale or acquisition of property. Both are obliged to handle Gurnard conveyancing to the same standards and guidelines so you may be safe in the knowledge that your conveyancing will be properly carried out and that the requisite procedures should be appropriately attended to.
I have a mortgage with Clydesdale for my property in Gurnard. Conveyancing was finalised a year ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Clydesdale?
Your original mortgage agreement with Clydesdale will provide that you need their approval prior to letting out your property as this is likely to be a breach of Clydesdale’s mortgage conditions. It may be that Clydesdale will allow you to rent 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 Clydesdale directly. You need not do this via a Clydesdale conveyancing panel firm.
In what way can the Landlord & Tenant Act 1954 affect my business property in Gurnard and how can you help?
The 1954 Act affords protection to business tenants, granting the dueness to apply to court for a continuation of occupancy at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act for protection and handle your commercial conveyancing in Gurnard