My partner and I are approaching an exchange on a house in Cromer and my parents have sent the ten percent deposit to my conveyancer. I am now told that as the deposit has been sent from someone other than me my solicitor 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 advised the mortgage company about my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to delay the deal?
The property lawyer is legally required to check with lender to make sure that they are aware that the balance of the purchase price is not from your own funds. The solicitor can only notify this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
We are planning on selling our property in Cromer and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any high street Cromer lawyer would know this is not the case. It does beg the question why the buyers are using a web based conveyancing practice as opposed to a conveyancing solicitor in Cromer. We have lived in Cromer for 4 years we know of no issue. Do we get in touch with our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You must check with 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 ailment)
I used Arc property Solicitors a few years ago for my conveyancing in Cromer. I now require my file however the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate 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 Cromer 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.
About to purchase a new build flat in Cromer. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Cromer
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
Due to the guidance of my in-laws I had a survey completed on a property in Cromer in advance of instructing conveyancers. I have been advised that there is a flying freehold element to the property. Our surveyor advised that some banks tend refuse to give a mortgage on a flying freehold home.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. If you e-mail us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Cromer. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Cromer to see if the conveyancing will be more expensive.
I'm converting the mortgage on my current house to a buy to let mortgage with The Mortgage Works and intend to use the remaining equity towards another property. The neighborhood we are interested in is Cromer. Will your solicitors be able to act for both sets of lenders and tie in the conveyances?
Do use our comparison tool on this site to check that the solicitors are on the relevant lender panels. Having checked that they are the lawyer will be able to connect the two transactions but you should talk with you conveyancer and specify your desired outcome and needs.