My husband and I are approaching an exchange on a property in Glenfield and my parents have sent the 10% deposit to my conveyancer. I am now informed that as the deposit has not arrived from me my lawyer needs to make a notification to my bank. Apparently, in also acting for the lender he must advise 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?
Your lawyer is duty bound to check with lender 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.
What is the first thing I need to know concerning purchase conveyancing in Glenfield?
You may not hear this from too many lawyers but conveyancing in Glenfield and elsewhere in Leicestershire is an adversarial experience. Put another way, when it comes to conveyancing there is plenty of room for confrontation between you and others involved in the legal transfer of property. E.g., the seller, estate agent and on occasion the mortgage company. Choosing a law firm for your conveyancing in Glenfield should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the legal process whose responsibility is to act in your legal interests and to protect you.
Sometimes a third party with a vested interest will attempt to sway you that it is in your interests to do things their way. For example, the estate agent may claim to be helping by suggesting your conveyancer is wrong. Or your financial adviser may try to convince you to do something that is against your lawyers guidance. You should always trust your lawyer above all other parties in the conveyancing process.
I purchased a terraced Victorian house in Glenfield. Conveyancing lawyer represented me and The Mortgage Works. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You should read 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Glenfield and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with your conveyancing solicitor who conducted the purchase.
The estate agent has sent us the confirmation of our purchase of a new build flat in Glenfield. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Glenfield
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
How do I identify a Glenfield solicitor on the Clydesdale conveyancing panel? I have wheels and am prepared to travel upto 10kilometers to meet the solicitor.
Feel free to make use of the search on this website. Please select a bank and your location and you will see a number of Glenfield conveyancing lawyers based on proximity. We have detailed some Glenfield conveyancing firms towards the end of this page and you can contact them to check whether they are on the Clydesdale approved list
In my capacity as executor for the will of my aunt I am selling a property in Newport but live in Glenfield. My lawyer (based 235 kilometers from merequires that I sign a stat dec ahead of completion. Could you suggest a conveyancing solicitor in Glenfield to witness this legal document for me?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are Glenfield based