We are only a couple days away from an exchange on a flat in Grove Park and my parents have transferred the ten percent deposit to my lawyer. I am now told that as the deposit has been sent from someone other than me my solicitor needs to make a notification to my lender. I am advised that, 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 mortgage company regarding my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
The solicitor is legally required to check with the bank to make sure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only disclose this to your bank if you agree, failing which, your lawyer must cease to continue acting.
Do I need to pay for insurance to address the risk of chancel repairs when acquiring a property in Grove Park?
Unless a prior acquisition of the premises completed after 12 October 2013 you may assume that solicitors carrying out conveyancing in Grove Park to continue to advocate a chancel search and or chancel repair liability policy.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Grove Park?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Grove Park. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the encouragement of my in-laws I had a survey completed on a property in Grove Park in advance of retaining lawyers. I have been advised that there is a flying freehold overhang to the property. The surveyor advised that some banks may not grant a mortgage on such a house.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. Should you wish to call us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Grove Park. Conveyancing will be smoother if you use a solicitor in Grove Park especially if they are familiar with such properties in Grove Park.
How do I identify a Grove Park solicitor on the The Mortgage Works conveyancing panel? I am a keen cyclist and am happy to travel upto 10kilometers to meet the conveyancer.
Feel free to make use of the tool on this website. Please select a bank and your location and you will see a number of Grove Park conveyancing lawyers based on proximity. We have listed some Grove Park conveyancing firms at the bottom of this page and you can call them to see whether they are on the The Mortgage Works approved list
In my capacity as executor for the will of my grandmother I am selling a house in Cardiff but live in Grove Park. My conveyancer (based 300 miles awayhas requested that I sign a statutory declaration before the transaction finalising. Can you recommend a conveyancing practitioner in Grove Park who can attest and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are located in Grove Park