My wife and I are only a couple days away from an exchange on a house in Marple Bridge and my mum and dad have sent the ten percent deposit to my property lawyer. I am now informed that as the deposit has not come from me my property lawyer needs to disclose this 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 mortgage company regarding my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
The property lawyer is duty bound to clarify with the bank to ensure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only report this to your lender if you agree, failing which, your lawyer must cease to continue acting.
We are looking to buy a house and need a conveyancing solicitor in Marple Bridge who is on the Nottingham approved panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nottingham . We don't recommend any particular firms conducting conveyancing in Marple Bridge.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to take this when purchasing a residence in Marple Bridge? or I am told that there is historic law that means some homeowners residing in a parish church boundary may be liable to pay for repairs towards the chancel within the church. Is this suitable for conveyancing in Marple Bridge?
Unless a prior acquisition of the property took place after 12 October 2013 you can assume that solicitors handling conveyancing in Marple Bridge to remain recommending a chancel search and or insurance against a claim.
I used Wolstenholmes several years past for my conveyancing in Marple Bridge. I now require my file however the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down 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 Marple Bridge of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm buying a new build house in Marple Bridge with a mortgage from Chelsea Building Society. The developers would not reduce the price so I negotiated £7000 of additionals instead. The house builders rep told me not disclose to my solicitor about this side-deal as it could jeopardize my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am using a search engine for the phrase on line conveyancing in Marple Bridge it reveals many conveyancerslocally. With so much choice what is the best way to find the suitable solicitor for the sale of my house?
The preferential method of seeking the right conveyancer is through a trusted referral, so enquire of colleagues and family who have purchased a property in Marple Bridge or the reputable estate agent or financial adviser. Charges for conveyancing in Marple Bridge vary, so it's a good idea to request a minimum of four costs illustrations from varying types of companies. Make sure that you know that the fees are fixed.