My husband and I are approaching an exchange on a house in Aughton and my mum and dad have transferred the exchange deposit to my conveyancing practitioner. I am now advised that as the deposit has not arrived from me my conveyancer needs to make a notification to my mortgage company. 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 informed the lender concerning my parents' contribution when I applied for the mortgage, so is it really necessary for this now to hold matters up?
Your conveyancing practitioner is legally required to clarify with the bank to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
It is a dozen years since I acquired my house in Aughton. Conveyancing solicitors have now been instructed on the sale but I can't find the title deeds. Is this a major issue?
Don’t worry too much. Firstly there is a chance that the deeds will be retained by the lender or they could still be with the lawyers who acted in your purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors acquiring up to date copy of the land registers. Nearly all conveyancing in Aughton relates to registered property but in the unlikely event that your home is not registered it adds to the complexity but is resolvable.
Do I have to have a meeting at the offices of the solicitor to execute the legal charge? If so, I will choose one who does conveyancing in Aughton so that I can pop in to their offices when needed.
As opposed to ten years ago, the vast majority lenders no longer need their conveyancing panel lawyer to witness the mortgagors signature. You will still be obliged to hand over ID documents and there are still distinct advantages to instructing a locally based practitioner, in your situation a conveyancing solicitor in Aughton.
I am close to exchanging contracts on the sale of our property in Aughton and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. Any local lawyer would know that there is no such problem. It does beg the question why the purchasers are using an online conveyancing firm as opposed to a conveyancing solicitor in Aughton. Having lived in Aughton for 5 years we know that this is a non issue. Do we get in touch with our local Authority to obtain confirmation need.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You should enquire of 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 life insurance to cover that same ailment)
As co-executor for the estate of my grandmother I am disposing of a house in Cardiff but reside in Aughton. My conveyancer (approximately 235 miles from meneeds me to sign a stat dec before completion. Could you suggest a conveyancing lawyer in Aughton to attest and place their company stamp on the document?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are located in Aughton
Our conveyancer has advised that he intends to complete and exchange simultaneously on the disposal of our £175,000 flat in Aughton in six days. The managing agents has quoted £360 for Landlord’s certificate, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Aughton?
For most leasehold sales in Aughton conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Completing pre-exchange questions
Where consent is required before sale in Aughton
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Leasehold Conveyancing in Aughton - Examples of Questions you should consider before buying
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How is the lease structured? The best form of lease arrangement is if the freehold reversion is owned by the leaseholders. In this situation the lessees benefit from being in charge if their destiny and notwithstanding that a managing agent is often employed where the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. Many Aughton leasehold properties will have a service bill for the upkeep of the block invoiced by the freeholder. Where you purchase the property you will have to meet this liability, usually periodically accross the year. This could vary from two or three hundred pounds to thousands of pounds for blocks with lifts and large common grounds. In all probability there will be a rentcharge to be met yearly, this is usually not a large sum, say around £50-£100 but you should to check as on occasion it can be many hundreds of pounds.