My partner and I are only a couple days away from an exchange on a flat in Temple and my mum and dad have sent the ten percent deposit to my lawyer. I am now advised that as the deposit has not come from me my conveyancer needs to disclose this to my bank. I am advised that, 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 bank about my parents' contribution when I applied for the home loan, so is it really appropriate for this now to hold matters up?
Your lawyer is obliged to check with the bank to make sure that they know that the balance of the purchase price is not from your own resources. Your solicitor can only reveal this to your lender if you agree, failing which, your lawyer must cease to continue acting.
We are planning to buy with Melton Mowbray Building Society. We have called around locally but cant to find a Temple conveyancing firm on the Melton Mowbray Building Society approved list. Please you help?
Please do take advantage of the search tool on this web page. Pick the building society and type Temple or your location and you will be presented with a number of lawyer offices in Temple or nearest you.
We are purchasing a house and the lawyer has referenced Chancel Repair for which the house may be liable as it falls into the area of such a church. He has recommended insurance. Is this strictly required for conveyancing in Temple
Unless a previous acquisition of the property took place post 12 October 2013 you could assume that conveyancing practitioners conducting conveyancing in Temple to continue to advocate a chancel search and or chancel repair liability policy.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Temple is where the house is located. What do you suggest?
Flying freeholds in Temple are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Temple you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Temple may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
What does commercial conveyancing in Temple cover?
Commercial conveyancing in Temple incorporates a wide range of services, given by regulated solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
My step-father has urged me to appoint his conveyancers in Temple. Should I use them?
Much as we are happy to recommend a Temple conveyancing lawyer the best way to select a conveyancing practitioner is to have feedback from friends or family who have actually used the solicitor that you are are thinking of instructing.