We are approaching an exchange on a property in Lake District and my parents have transferred the exchange deposit to my lawyer. I am now told that as the deposit has been sent from someone other than me my conveyancer needs to disclose this to my bank. I am advised that, 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 mortgage company about my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The conveyancing practitioner is legally required to check with mortgage company to make sure that they understand 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.
I can see plenty of information on this site concerning conveyancing in Lake District but can you isolate your top tip for appointing the right conveyancer in Lake District
It would be unwise to be swayed by the lowest Lake District conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
I am planning to move property in October. Will my conveyancing solicitor liaise with the removal company on the day of completion. As an aside, can you put forward a removal company in Lake District. Conveyancing lawyer was organised before I stumbled across your page.
On the afternoon of completion you will need to pick up the house keys from your property agent however this can only be done after the vendors solicitors inform the agent that they have the completion monies and the keys can be collected. After that you will need to inform the removal men that you are ready to move in. As a matter of policy we do not recommend a specific removal company but can help you choose a conveyancing in Lake District or a legal practice that specialises in conveyancing in Lake District.
I am selling my house. I had a double glazing fitted in May 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Coventry BS are being difficult. The Lake District solicitor who is on the Coventry BS conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Coventry BS are insisting on a building regulation certificate. Why do Coventry BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Coventry BS have referred the matter to their valuer. The reason why Coventry BS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I require expedited conveyancing in Lake District as I have an ultimatum to complete in less than one month. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?
As you are not getting a mortgage you have the choice not to do searches although no law firm would suggest that you don't. Drawing on our experience of conveyancing in Lake District the following are examples of what can be revealed and therefore affect future saleability: Refused Planning Applications, Overdue Charges, Outstanding Grants, Road Schemes,...
I am downsizing from my property. My former solicitors closed down. I am in need of a recommendation of a conveyancing firm. Im based in Lake District if that makes things easier.
Do use our search tool to help you choose a solicitor for your conveyancing in Lake District. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I today plan to offer on a house that seems to be perfect, at a great figure which is making it more attractive. I have just found out that it's a leasehold rather than freehold. I am assuming that there are issues buying a house with a leasehold title in Lake District. Conveyancing lawyers have not yet been instructed. Will my lawyers set out the implications of buying a leasehold house in Lake District ?
The majority of houses in Lake District are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are buying in Lake District so you should seriously consider shopping around for a Lake District conveyancing practitioner and check that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions such as obtaining the freeholder’spermission to conduct changes to the property. You may also be required to pay a contribution towards the upkeep of the estate where the house is part of an estate. Your lawyer should appraise you on the various issues.
Lake District Leasehold Conveyancing - Sample of Questions you should consider Prior to buying
Best to be warned if window replacement or some other significant cost is due in the near future that will be shared by the tenants and could well dramatically increase the the maintenance fees or require a one time invoice. Many Lake District leasehold flats will incur a service bill for maintenance of the building set on behalf of the freeholder. Where you purchase the property you will have to pay this contribution, usually periodically throughout the year. This can differ from several hundred pounds to thousands of pounds for blocks with lifts and large common grounds. There will also be a ground rent for you to pay annual, normally this is not a large figure, say about £25-£75 but you need to check as on occasion it can be prohibitively expensive.
Been searching for a solicitor for freehold sale conveyancing in Lake District. I'm selling, simple no mortgage to pay off, no hurry, no onward chain. Had an estimate from a lawyer for £1000 including VAT which is a tad steep considering its so straightforward. Is it possible to find less expensive fees for conveyancing in Lake District?
Considering it’s a sale only, £500 + VAT is likely to be about the cheapest for sale conveyancing in Lake District.