My partner and I are approaching an exchange on a house in Whaley Bridge and my parents have sent the 10% deposit to my solicitor. I am now told that as the deposit has been sent from someone other than me my lawyer needs to disclose this to my mortgage company. Apparently, in also acting for the lender he must inform them that the balance of the purchase price is not just from me. I advised the mortgage company about my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
Your property lawyer is obliged to clarify with mortgage company to make sure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your lender if you agree, failing which, your lawyer must cease to continue acting.
Do the Building Society Association intend to launch a search tool with a view to to identify firms on the Earl Shilton BS conveyancing panel for instance in Whaley Bridge?
We are not aware of any plans on the part of the BSA to promote such a register.
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Whaley Bridge?
There are two types of lawyers who can carry out conveyancing in Whaley Bridge namely licenced conveyancers or solicitors. The two can provide the legal services that required to complete the disposal or purchase of property. Both are required to execute Whaley Bridge conveyancing to the same quality and guidelines so you may be sure that your conveyancing will be professionally administered and that the necessary procedures should be accurately attended to.
I am assisting my step-mother sell her property in Whaley Bridge. Will the conveyancer arrange an EPC or it is for me to see to?
Following the demise of HIPs, energy performance certificates became a mandatory component of moving property. An energy assessment must be to hand before the property is put on the market. This is not as aspect of the sale process that conveyancers normally organise. If you are instructing a Whaley Bridge conveyancing lawyer they may be willing to arrange EPC’s given their contacts with reputable Whaley Bridge assessors
Can I be sure that the Whaley Bridge conveyancing solicitor on the Leeds Building Society panel is any good?
When it comes to conveyancing in Whaley Bridge obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer handling your conveyancing.
My partner and I are close to exchanging contracts on the sale of our house in Whaley Bridge and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any local lawyer would know this is not the case. It does beg the question why the buyers are using an online conveyancing outfit as opposed to a conveyancing solicitor in Whaley Bridge. We have lived in Whaley Bridge for 5 years we know that this is a non issue. Is it a good idea to contact our local Authority to seek clarification need.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I have been on the look out for a flat up to £195,000 and found one near me in Whaley Bridge I like with a park and transport links in the vicinity, however it only has 51 remaining years left on the lease. I can't really find anything else in Whaley Bridge suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage that many years will be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
I have been advised by numerous estate agents in Whaley Bridge to select a conveyancer on your site. What’s the financial inducement for Estate Agents to offer your site over another?
We refuse to give any commission for pointing buyers and sellers in our direction. We thought it would be too underhand a fee because members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.