I am only a couple days away from an exchange on a house in Chantry and my parents have transferred the exchange deposit to my property lawyer. I am now advised that as the deposit has not arrived from me my conveyancer needs to make a notification to my bank. Apparently, in also acting for the lender he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the lender regarding my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
Your property lawyer is obliged to check with mortgage company to ensure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only disclose this to your bank if you agree, failing which, your lawyer must cease to continue acting.
At what point will exchange of contracts take place for sale conveyancing in Chantry and do I need to attend the lawyers office?
Where you are in close proximity to our conveyancing solicitors in Chantry you are welcome to come in to sign documents. That being said, the law practices we recommend supply countrywide coverage for conveyancing and provide as equally comprehensive and professional a job for you when communicating with you digitally. The signing of the contract is not the important part. A signed contract is just a prerequisite for the conveyancer to address the formalities when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Chantry)to be in the office at the appropriate time.
What can a local search inform me regarding the house my wife and I buying in Chantry?
Chantry conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations such as PSG The local search is essential in every Chantry conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search should provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a quick, chain free conveyancing. Chantry is the location of the property. What do you suggest?
Flying freeholds in Chantry are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chantry you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chantry 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.
Taking into account that I am about to spend £400,000 on a house in Chantry I would like to talk to a solicitor concerning thehouse move prior to appointing the firm. Can this be arranged?
We could not agree more - we would be delighted to talk to you we do not take any clients on without you first talking to the conveyancer due to be conducting your conveyancing in Chantry.There is no ‘factory style conveyancing’ - every client is unique individual, not a file reference. The practices that we put you in touch with believe that the figure you are provided with for residential conveyancing in Chantry should be the amount on the final invoice that you are charged.
What are my options where I am not happy with the solicitor who conducted my conveyancing in Chantry?
We live in an imperfect world, and unfortunately every so often things do go wrong. Nevertheless there is recourse if you were unhappy with your conveyancing in Chantry. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their regulator. If you remain aggrieved you may consider enlisting the help of the Legal Ombudsman.