We are nearing an exchange on a property in East Dean and my parents have transferred the 10% deposit to my property lawyer. I am now told that as the deposit has been sent from someone other than me my conveyancing practitioner needs to disclose this to my lender. I am advised that, in also acting for the mortgage company he must advise them that the balance of the purchase price is coming from anyone other than me. I informed the mortgage company concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The lawyer is legally required to check with lender to ensure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only disclose this to your bank if you agree, failing which, your lawyer must cease to continue acting.
We are purchasing a property and need a conveyancing solicitor in East Dean who is on the Nottingham solicitor panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nottingham . We don't recommend any particular firms conducting conveyancing in East Dean.
Hoping to buy a property located in East Dean and I am already nervous. I couldn't find anything specific about East Dean. Conveyancing will be needed in due course but do you know about the East Dean area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at East Dean. In the meantime here are some basic statistics that we found
In my capacity as executor for the will of my grandmother I am disposing of a residence in Swansea but live in East Dean. My conveyancer (who is 235 kilometers from mehas requested that I execute a statutory declaration before completion. Could you suggest a conveyancing solicitor in East Dean to attest this legal document for me?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will be fine regardless of whether they are East Dean based
I have just started marketing my basement apartment in East Dean. Conveyancing solicitors are to be appointed soon, however I have recently had a yearly service charge demand – should I leave it to the buyer to sort out?
The sensible thing to do is clear the service charge as you normally would as all rents and maintenance payments will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I inherited a 1st floor flat in East Dean, conveyancing having been completed half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in East Dean with over 90 years remaining are worth £216,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease runs out on 21st October 2092
With just 69 years remaining on your lease we estimate the premium for your lease extension to be between £9,500 and £11,000 plus costs.
The figure above a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.