My husband and I are only a couple days away from an exchange on a property in Wroughton and my parents have sent the 10% deposit to my property lawyer. I am now informed that as the deposit has not arrived from me my solicitor needs to make a notification to my mortgage company. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I informed the lender regarding my parents' contribution when I applied for the home loan, so is it really necessary for this now to be an issue?
Your conveyancer is legally required to check with mortgage company to make sure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only disclose this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
My Conveyancer in Wroughton is not on the HSBC Bank Conveyancing Panel. Can I still continue with my family solicitor even though they are not on the HSBC Bank list of approved lawyers?
Your options are as follows:
- Carry on with your existing Wroughton lawyers but HSBC Bank will need to instruct a solicitor on their list of acceptable firms. This will result in additional total legal charges as well as result in frustration.
- Get an alternative practitioner to to deal with the purchase, not forgetting to check they are on the HSBC Bank panel
The deeds to my property can not be found. The lawyers who handled the conveyancing in Wroughton 5 years ago are no longer around. Will I be able to sell the house?
Gone are the days when you need to hold title official documentation to establish that you own the land or property, given that the Land Registry hold details of all registered land or property electronically.
What does commercial conveyancing in Wroughton cover?
Wroughton conveyancing for business premises covers a broad range of advice, offered by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies 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.
A conveyancing firm dealt with my conveyancing in Wroughton half a dozen years past having archived my registration documents but has now closed – how do I retreive them?
Title deeds, as such, are no longer appropriate for most properties in Wroughton are recorded digitally at Land Registry. Where you need to establish evidence of proprietorship or are selling or re-mortgaging your conveyancer can obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned with reasonable haste.