My husband and I are approaching an exchange on a house in Nuneaton and my parents have transferred the ten percent deposit to my property lawyer. I am now told that as the deposit has not arrived from me my conveyancing practitioner needs to make a notification to my mortgage company. I am advised that, in also acting for the mortgage company he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the mortgage company concerning my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
Your solicitor is duty bound to check with lender to ensure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only report this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
I am buying a semi-detached house in Nuneaton. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Nuneaton you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Nuneaton.
This question may be naive but I am unexperienced as FTB of a garden flat in Nuneaton. Do I pick up the keys to the house on completion from my lawyer? If so, I will find a High Street conveyancing solicitor in Nuneaton?
On the day of completion you will not be required to attend the conveyancers office in Nuneaton. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s conveyancers, and once they have received this, you should be able to collect the keys from the selling Agents and start moving into the property. Usually this happens between 1 and 3pm.
I am purchasing a terrace house in Nuneaton. The intention is to carry out an extension to the side at the house.Will the conveyancing process involve checks to see if these alterations are allowed?
Your solicitor will check the registered title as conveyancing in Nuneaton can on occasion identify restrictions in the title deeds which restrict categories of alterations or require the consent of another owner. Some additions need local authority planning consent and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be prudent to check these things with a surveyor prior to committing yourself to a purchase.
Is there a list of Yorkshire BS panel conveyancers in Nuneaton on the UK Finance Lenders’ Handbook Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. A small selection of lenders make their panel listings open the public on the web. If you are in need of a Nuneaton conveyancing practitioner on the Yorkshire BS please make the most of our facility.
I appreciate that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when purchasing a property in Nuneaton? or I am told that there is an ancient law that means some homeowners residing in a parish church boundary will be compelled to pay for maintenance to the chancel within the church. Is this a legitimate concern for conveyancing in Nuneaton?
Unless a previous acquisition of the property took place post 12 October 2013 you could take it that conveyancing practitioners delivering conveyancing in Nuneaton to continue to suggest a chancel search and or insurance against a claim.
How do I locate a Nuneaton solicitor on the Barclays Direct conveyancing panel? I have wheels and am prepared to travel upto 25miles to meet the solicitor.
Feel free to make use of the tool on this page. Please choose the lender and your location and you will see a number of Nuneaton conveyancing lawyers based on proximity. We have listed some Nuneaton conveyancing firms at the bottom of this page and you can telephone them to verify if they are on the Barclays Direct approved list
What is the reason for my solicitor requiring various items of ID ahead of starting selling or buying a property in Nuneaton?
Nuneaton solicitors are obliged by the Law Society, SRA, HM Land Registry and current Money Laundering legislation to certify that the have checked the identity of their clients. It will also be a requirement of your mortgage offer. Furthermore they have to complete various forms, particularly those relating to Land Tax and need to have details such as your full names, national insurance number and DOB.