I am only a couple days away from an exchange on a flat in Alnmouth and my parents have transferred the exchange deposit to my conveyancing practitioner. I am now advised that as the deposit has not come from me my property lawyer needs to make a notification to my mortgage company. Apparently, in also acting for the bank he must advise them that the balance of the purchase price is not just from me. I informed the lender regarding my parents' contribution when I applied for the home loan, so is it really necessary for this now to delay the deal?
The lawyer is obliged to clarify with lender to make sure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only reveal this to your bank if you agree, failing which, your lawyer must cease to continue acting.
What does a local search inform me regarding the property I am buying in Alnmouth?
Alnmouth conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search organisations for instance Searches UK The local search plays a central part in most Alnmouth conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your new home. The search will reveal information on, amongst other things, details on planning applications applicable to the property (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 a renovated Edwardian house in Alnmouth. Conveyancing practitioner acted for me and Skipton Building Society. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold with the exact same address. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Alnmouth and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with your conveyancing solicitor who conducted the purchase.
I am looking into buying my first house which is in Alnmouth and I am already nervous. I couldn't find anything specific about Alnmouth. Conveyancing will be needed in due course but do you know about the Alnmouth area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Alnmouth. In the meantime here are some basic statistics that we found
I am using a search engine for the phrase on line conveyancing in Alnmouth it reveals many conveyancersin the area. With so much choice what is the best way to find the suitable solicitor for my move?
The preferential method of choosing the right conveyancer is via personal referral, so enquire of friends and relatives who have bought a property in Alnmouth or a local estate agent or financial adviser. Costs for conveyancing in Alnmouth vary, so it's a good idea to secure at least four quotes from varying types of companies. Dont forget to clarify that the fees are fixed.