We are only a couple days away from an exchange on a flat in Aspley Guise and my mum and dad have transferred the 10% deposit to my lawyer. I am now informed that as the deposit has been sent from someone other than me my solicitor needs to disclose this to my bank. I am advised that, in also acting for the bank he must inform 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 appropriate for him to raise this?
The property lawyer is obliged to clarify with the bank to make sure that they know that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your lender if you agree, failing which, your lawyer must cease to continue acting.
I purchased a freehold house in Aspley Guise but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Aspley Guise and has limited impact for conveyancing in Aspley Guise but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
Do I need to attend the offices of the solicitor to execute the legal charge? If so, I will choose one who does conveyancing in Aspley Guise so that I can attend their offices if required.
These days approved lawyers for lenders conduct their communications via Royal Mail, internet or over the phone. This means that they can undertake the conveyancing transaction regardless of where you live in the country. However you should check if you can still book an appointment to visit conveyancing lawyer if needed.
We are purchasing a house and the lawyer has identified Chancel Repair to which the property could be obligated to contribute to because it falls into the area of such a church. He has mentioned insurance. Is this strictly necessary for conveyancing in Aspley Guise
Unless a prior purchase of the house completed after 12 October 2013 you could take it that conveyancing practitioners conducting conveyancing in Aspley Guise to continue to propose a a chancel search and or chancel repair liability policy.
I have recentlyfound out that Stirling Law have been shut down. They carried out my conveyancing in Aspley Guise for a purchase of a freehold house 12 months ago. How can I check that my home is registered correctly in the name of the former proprietor?
The quickest way to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Aspley Guise conveyancing specialists.
I am 18 days into a leasehold purchase having been referred to conveyancers by the estate agent to handle our conveyancing in Aspley Guise. I am am extremely dissatisfied with the quality of service. Could you you assist me in finding new lawyers?
They would have to be really poor in order to consider diss instructing them. Has the mortgage offer been generated? If so you must make them aware of the replacement solicitor and ensure the offer are re-issued. The conveyancer needs to be on the lenders panel to avoid added costs and frustration. So that should be your starting point. The find a solicitor tool can assist you in finding a lender approved lawyer for your conveyancing in Aspley Guise