My wife and I are nearing an exchange on a property in Miles Platting and my mum and dad have sent the ten percent deposit to my conveyancing practitioner. I am now informed that as the deposit has not come from me my lawyer needs to make a notification to my lender. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the mortgage company concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The 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 disclose this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
We see that you have a post code search directory listing law firms on the Kent Reliance conveyancing panel. Do firms pay you a referral fee if I appoint them for our conveyancing in Miles Platting?
We are a listing service only for law firms wishing to communicate if they are on the Kent Reliance conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Miles Platting.
My flat in Miles Platting is up for sale and I have a purchaser. Does my lawyer need to be on the Co-operative conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Co-operative conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.
What can a local search reveal about the house I am buying in Miles Platting?
Miles Platting conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search company such as Xpress Legal The local search is essential in every Miles Platting conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search will reveal data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
Have completed on a a terraced house in Miles Platting , how long should it take for the Land Registry to record my ownership? My Miles Platting conveyancing solicitor works at snail pace, so I want to be certain that my purchase is recorded.
There is nothing unique about conveyancing in Miles Platting registration formalities. Rather than based on location, timescales can differ according to the party submitting the application, whether it is in order and if the Land registry must send notices to any interested persons or bodies. Currently roughly three quarters of submission are fully dealt with within two weeks but some can be subject to longer hold-ups. Registration is effected after the new owner is living at the property therefore registration formalities is not always an essential issue yet if there is a degree of urgency associated with the registration then you or your lawyers must contact the land registry and explain the circumstances.
Am I best advised to use a Miles Platting conveyancing practitioner based in the location that I am purchasing? An old friend can handle the legal formalities however they are based approximately 350kilometers drive away.
The benefit of a local Miles Platting conveyancing practice is that you can pop in to sign paperwork, hand in your ID and apply pressure on them if necessary. They will also have local intelligence which is a plus. That being said it's more important to get someone that will do a good and efficient job. If you know people who used your friend and in the main were happy that must surpass using an unknown Miles Platting conveyancing lawyer just because they are round the corner.