My husband and I are nearing an exchange on a property in Dronfield and my parents have transferred the 10% deposit to my property lawyer. I am now informed that as the deposit has been sent from someone other than me my conveyancing practitioner 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 bank about my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to hold matters up?
Your conveyancer is legally required to clarify with the bank to ensure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only disclose this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
I am the registered owner of a freehold residence in Dronfield yet pay rent, why is this and what is this?
It’s unusual for properties in Dronfield and has limited impact for conveyancing in Dronfield 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 hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
I am buying a flat and require a conveyancing solicitor in Dronfield who is on the Nottingham Building Society solicitor. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nottingham Building Society in certain locations such as Dronfield. We dont recommend any particular firm.
My wife and I are selling our home in Dronfield and according to the buyers it appears that there is a risk of it being built on contaminated land. Any local lawyer would know this is not the case. It does beg the question why the purchasers are using an internet conveyancing firm as opposed to a conveyancing solicitor in Dronfield. Having lived in Dronfield for 5 years we know that this is a non issue. Do we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You should 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 life insurance to cover that same ailment)
I used Arc property Solicitors several years past for my conveyancing in Dronfield. Now, I need the documents but the law firm has closed. What do I do?
Do 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 Dronfield of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
In sourcing the internet for the words conveyancing in Dronfield it reveals many solicitorslocally. How do I determine which is the right solicitor for me?
The best way of seeking the right conveyancer is through a personal recommendation, so enquire of colleagues and relatives who have bought a property in Dronfield or a reputable estate agent or mortgage broker. Fees for conveyancing in Dronfield differ, so it's sensible to obtain a minimum of four estimates from different law firms. Make sure that you clarify that the charges are guaranteed not to to be inflated.