The Marlborough conveyancing firm that I recently instructed on my purchase in Marlborough have without warning shut down. I only went with them because I needed a solicitor on the Kent Reliance conveyancing panel and my family Marlborough lawyer was not. I gave my credit card details for them to take £195 for searches. What are my options?
If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Kent Reliance conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to assist.
My bid for a property was accepted at auction in Marlborough. Conveyancing is necessary. What are my next steps?
Having for in every practical sense signed on the dotted line you should hire the services of a conveyancing practitioner soon as you now have a tight a drop dead date to complete the transaction. All auction property will ordinarily have an associated legal pack. This should include most,if not all of the paperwork that your conveyancer requires. In the case of leasehold property the auction pack should provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to leasehold premises. You must hand this to the solicitor instructed by you as soon as possible. Do make sure that your finances are in order to complete on the date specified in the contract.
Is there a list of Yorkshire BS panel solicitors in Marlborough on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association sites. A small selection of mortgage companies make their panel listings viewable online. Where you are seeking to appoint a Marlborough lawyer on the Yorkshire BS please make the most of our tool.
The mortgage over my property is with Barclays for my property in Marlborough. Conveyancing was finalised months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Barclays?
You must advise Barclays before renting your property as this is likely to be a breach of Barclays’s mortgage conditions. In many cases banks or building societies 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 Barclays directly. It should not be necessary to do this via a Barclays conveyancing panel solicitor.
My partner and I are downsizing from our home in Marlborough and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any high street Marlborough conveyancer would know that there is no such problem. It does beg the question why the purchasers are using a web based conveyancing firm rather than a conveyancing solicitor in Marlborough. Having lived in Marlborough for 5 years we know that this is a non issue. Do we get in touch with our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I used Wolstenholmes several years past for my conveyancing in Marlborough. I now require my file however the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Marlborough of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
What does commercial conveyancing in Marlborough cover?
Non domestic conveyancing in Marlborough incorporates a broad array of services, provided by regulated solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.