I am getting closer to an exchange on a property in Wylam and my mum and dad have transferred the exchange deposit to my property lawyer. I am now advised that as the deposit has not arrived from me my solicitor needs to make a notification to my bank. Apparently, in also acting for the bank he must advise them that the balance of the purchase price is not just from me. I disclosed to the mortgage company regarding 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 check with mortgage company to ensure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your bank if you agree, failing which, your lawyer must cease to continue acting.
Is it necessary during the course of the conveyancing process to pop into the offices of the solicitor to sign the mortgage deed? If so, I will instruct a firm who offer conveyancing in Wylam so that I can pop in to their offices if necessary.
These days approved lawyers for banks conduct their communications through the post, internet or over the phone. This means that they can undertake the legal work for your home move regardless of where you live in England or Wales. That being said you should see if you have the option of attending the offices of your conveyancing lawyer if you prefer.
A relative informed me that in purchasing a property in Wylam there could be various restrictions affecting the ability to carry out external alterations to the property. Is this right?
There are a number of properties in Wylam which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Wylam should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Can you point me to a directory of Clydesdale panel solicitors in Wylam on the Building Society Association’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lending institutions make their panel listings available online. Where you are looking for a Wylam conveyancer on the Clydesdale please make the most of our facility.
I am selling my house. I had a double glazing fitted in December 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Santander are being pedantic. The Wylam solicitor who is on the Santander conveyancing panel is saying indemnity insurance will be fine but Santander are insisting on a building regulation certificate. Why do Santander have a conveyancing panel if they don't accept advice from them?
It is probably the case that Santander have referred the matter to their valuer. The reason why Santander may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
What does a local search tell me about the property my wife and I purchasing in Wylam?
Wylam conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search company for example Onsearch The local search plays an important part in many a Wylam conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your property. The search will supply information 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 thirteen topic headings.
I have todaybeen informed that Stirling Law have been shut down. They conducted my conveyancing in Wylam for a purchase of a freehold house 18 months ago. How can I establish that my home is in my name in the name of the previous owner?
The easiest method to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Wylam conveyancing specialists.
Due to the encouragement of my in-laws I had a survey completed on a property in Wylam prior to retaining conveyancers. I have been advised that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies may refuse to grant a loan on such a premises.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Wylam. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wylam to see if the conveyancing costs will increase in light of this.