My wife and I are only a couple days away from an exchange on a house in Matlock and my mum and dad have transferred the ten percent deposit to my solicitor. I am now advised that as the deposit has not come from me my property lawyer needs to disclose this to my bank. I am advised that, in also acting for the mortgage company he must advise them that the balance of the purchase price is not just from me. I disclosed to the lender about my parents' contribution when I applied for the home loan, so is it really necessary for this now to delay the deal?
The property lawyer is duty bound to clarify with lender to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to your bank if you agree, failing which, your lawyer must cease to continue acting.
We note that you have a search directory identifying solicitors on the RBS conveyancing panel. Do companies pay you a commission if I instruct them for our conveyancing in Matlock?
We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Matlock.
Our bank has suggested a law firm on their panel based in Matlock but I would rather instruct a conveyancing lawyer in Matlock round the corner to me. Are you able to assist?
It is by no means the case that all Matlock conveyancing solicitors are on all banks conveyancing panel. Please make the most of the above find an approved solicitor tool to locate a Matlock conveyancing conveyancer on the on the bank panel.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a residence in Matlock? or Apparently there is an ancient law that could mean that homeowners living in a parish church boundary will be compelled to pay for repairs to the chancel within the church. Is this relevant for conveyancing in Matlock?
Unless a previous acquisition of the house completed post 12 October 2013 you could assume that conveyancing practitioners delivering conveyancing in Matlock to continue to suggest a chancel search and or chancel repair liability policy.
I am looking for a conveyancing practitioner in Matlock for my home move. Is there any facility to review a solicitor's complaints history with the profession’s regulator?
One can read published Solicitor Regulator Association (SRA) determinations arising from inquisitions commenced on or after 1 January 2008. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The regulator could recorded call for training requirements.
I’m about to sell my 2 bed apartment in Matlock. Conveyancing solicitors are to be appointed soon, however I have recently had a quarterly maintenance charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should discharge the invoice as usual given that all rents and maintenance invoices should be allotted on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I own a 1st floor flat in Matlock, conveyancing formalities finalised August 2002. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Matlock with a long lease are worth £165,000. The ground rent is £50 yearly. The lease ends on 21st October 2102
With only 77 years unexpired we estimate the price of your lease extension to be between £7,600 and £8,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.