I am only a couple days away from an exchange on a property in Eastbourne and my parents have transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not arrived from me my solicitor needs to disclose this to my lender. I am advised that, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I informed the bank regarding my parents' contribution when I applied for the home loan, so is it really appropriate for this now to delay the deal?
Your solicitor is legally required to check with the bank to ensure that they know that the balance of the purchase price is not from your own resources. The solicitor can only disclose this to your bank if you agree, failing which, your lawyer must cease to continue acting.
I am buying a right to buy a flat in Eastbourne. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Eastbourne you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Eastbourne.
I am aiming to move property in December. Will my conveyancing solicitor liaise with the removal company on the completion day. Incidentally, can you put forward a removal company in Eastbourne. Conveyancing firm was found before I stumbled across your site.
On the day of completion you will need to collect the keys from your estate agent but this can only occur when the previous owners solicitors advise the agent that the monies to complete are in and the keys can be released. After that you will need to tell the removal company that they can start moving you in. As a matter of policy we do not recommend a particular removal organisation but can help you choose a conveyancing in Eastbourne or a legal practice with expertise in conveyancing in Eastbourne.
I have paid off my mortgage with Yorkshire BS. I assume I don't need a Eastbourne solicitor on the Yorkshire BS panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Yorkshire BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Yorkshire BS mortgage from the register. Yorkshire BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Yorkshire BS has sent the Land Registry the discharge electronically, and
- Yorkshire BS has instructed the Land Registry to do so
Having read lots of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Eastbourne solicitor - who is on the RBS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
RBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually RBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your solicitor will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Eastbourne postcode. As you are getting a mortgage with RBS, you could contact them to see if they have a list of approved surveyors in Eastbourne.
I am buying a new build apartment in Eastbourne. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Eastbourne
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. There must be mutual enforceability of lessee’s covenants. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
My step-father has urged me to instruct his conveyancers in Eastbourne. Should I find my own conveyancer?
There are no two ways about it it’s preferable to find a conveyancing practitioner is to get referrals from friends or family who have actually previously instructed the firm that you are are thinking of instructing.