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FTB Solicitor Advice
TheMrsNesbitt
Posts: 5 Forumite
Seeking some advice re: Solicitors. A breakdown of my circumstances:
I am currently in the process of purchasing my late grandmother's home. I will be going through my mortgage application with my lender tomorrow.
My grandmother passed away in 2018, leaving the property to my mother and uncle in her will.
There is no mortgage on the house, and my mother and uncle were named executors and beneficiaries in my grandmother's will. Probate has been granted.
I have a panel of solicitor's I wish to use, but they have informed me that they require the solicitor details of my uncle and mother. Is this correct? It seems a bit redundant to me, but if it's required legally then so be it. Any advice gratefully received
I am currently in the process of purchasing my late grandmother's home. I will be going through my mortgage application with my lender tomorrow.
My grandmother passed away in 2018, leaving the property to my mother and uncle in her will.
There is no mortgage on the house, and my mother and uncle were named executors and beneficiaries in my grandmother's will. Probate has been granted.
I have a panel of solicitor's I wish to use, but they have informed me that they require the solicitor details of my uncle and mother. Is this correct? It seems a bit redundant to me, but if it's required legally then so be it. Any advice gratefully received
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Comments
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It would be normal for someone selling a house to instruct a solicitor, unless they are confident enough in their conveyancing abilities to do it themselves. Have the solicitors actually said that they're only prepared to go ahead if your mother/uncle instruct a separate solicitor?0
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The buyer and the seller require their own Solicitors. 1 Sol can't act for both sides of the transaction regardless of the fact you're buying from family.Those who risk nothing, Do nothing, achieve nothing, become nothingMFW #63 £0/£5000
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@davidmcn Yes, that's what they advised yesterday. I appreciate it makes sense. But just wanted to check.0
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Be very careful with this.
Homes inherited and going through probate can trip over at mortgage stage.
Be even more careful if your relatives are selling it to you under value.
Be especially careful if they intend to live in the property.
A case for a mortgage broker.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Be very careful with this.
Homes inherited and going through probate can trip over at mortgage stage.
Be even more careful if your relatives are selling it to you under value.
Be especially careful if they intend to live in the property.
A case for a mortgage broker.
Thanks for the advice. However, as far as I am aware everything related to probate is finalised. I'm also applying for the proper value of the property. And no, I'll be living there alone
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