My wife and I are only a couple days away from an exchange on a house in Aldersbrook and my parents have transferred the exchange deposit to my lawyer. I am now advised that as the deposit has been sent from someone other than me my lawyer needs to make a notification to my bank. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the lender concerning my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
The solicitor is obliged to clarify with mortgage company to ensure that they know that the balance of the purchase price is not from your own resources. The solicitor can only report this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
Do banks and building societies provide you with an approved list of Aldersbrook conveyancing solicitors? How do you know who is on the Clydesdale conveyancing panel?
Aldersbrook conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to take this when purchasing a house in Aldersbrook? or I am told that there is an ancient law that means some homeowners residing in a parish church boundary may be liable to contribute towards repairs towards the chancel in proximity to the church. Is this applicable for conveyancing in Aldersbrook?
Unless a prior purchase of the house took place post 12 October 2013 you can expect lawyers carrying out conveyancing in Aldersbrook to remain encouraging a chancel search and or chancel repair liability policy.
I purchased a renovated Georgian property in Aldersbrook. Conveyancing solicitor acted for me and Yorkshire Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the matching property. Is it worth asking Yorkshire Building Society to clarify?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Aldersbrook and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing solicitor who completed the work.
I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Aldersbrook is where the house is located. Is there any guidance you can impart?
Flying freeholds in Aldersbrook are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Aldersbrook you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Aldersbrook may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Is it possible to transfer to a new solicitor as I need to instruct one who is on the Britannia conveyancing panel. I had appointed a local conveyancing solicitor in Aldersbrook round the corner but he is not approved by Britannia
It would be our pleasure to assist you select a conveyancing solicitor in Aldersbrook on the Britannia panel. Please note that the conveyancers that we list do not pay us commission if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Aldersbrook. In utilising the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Aldersbrook.