My wife and I are approaching an exchange on a house in Acocks Green and my mum and dad have transferred the 10% deposit to my . I am now advised that as the deposit has not arrived from me my needs to make a notification 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 not just from me. I disclosed to the lender concerning my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
The is duty bound to check 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 reveal this to your lender if you agree, failing which, your lawyer must cease to continue acting.
My wife and I are close to exchanging contracts on the sale of our home in Acocks Green and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any local lawyer would know that there is no such problem. It does beg the question why the purchasers instructed a factory type conveyancing outfit rather than a conveyancing solicitor in Acocks Green. We have lived in Acocks Green for six years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You must 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 life insurance to cover that same sickness)
I acquired my flat on 6 March and my personal details is yet to be on the land registry website. Should I be concerned? My conveyancing solicitor in Acocks Green advises it should be concluded in less than a month. Are titles in Acocks Green uniquely lengthy to register?
There is nothing unique about conveyancing in Acocks Green registration formalities. As opposed to being determined by geographic area, timescales can differ depending on who lodges the application, whether there are errors and whether the Land registry have to notify any other parties. As of today roughly 80% of submission are completed in less than three weeks but occasionally there can be extensive hold-ups. Registration takes place once the buyer has moved in to the property so an expedited registration is not typically top priority yet if there is a degree of urgency associated with the registration then you or your conveyancer must contact the land registry and explain the circumstances.
Due to the advice of my in-laws I had a survey completed on a property in Acocks Green before retaining solicitors. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies tend refuse to give a loan on this type of property.
It varies from the lender to lender. Lloyds has different instructions for example to Halifax. If you e-mail us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Acocks Green. Conveyancing may be slightly more expensive based on your lender's requirements.
Are there any apps to help locate a Acocks Green law firm on the conveyancing panel? I drive a motor bike and am happy to travel upto 10miles to meet the conveyancer.
You can use the tool on this page. Please select a bank and your location and you will see a number of Acocks Green conveyancing lawyers locally. We have listed some Acocks Green conveyancing firms at the bottom of this page and you can telephone them to see if they are on the member panel