My husband and I are getting closer to an exchange on a house in Goodmayes and my mum and dad have transferred the ten percent deposit to my solicitor. I am now advised that as the deposit has been received from someone other than me my property lawyer needs to disclose this to my mortgage company. Apparently, in also acting for the bank he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the bank concerning my parents' contribution when I applied for the home loan, so is it really appropriate for this now to delay the deal?
The lawyer is legally required to clarify with mortgage company to make sure that they know that the balance of the purchase price is not from your own funds. The solicitor can only report this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
Having sold my house in Goodmayes last November but my buyer keeps SMS messaging me complaining that their solicitor needs to hear from mylawyer. What are the post completion sale formalities following completion?
Following your sale your solicitor should deliver the transfer documentation and all of the paperwork to the purchaser's solicitors. Where relevant, your conveyancer should also send confirmation that the home loan has been discharged to the purchasers lawyers. There are no post completion procedures peculiar conveyancing in Goodmayes.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Goodmayes?
There are many registered licenced Conveyancers in Goodmayes and Solicitor firms in Goodmayes who can assist with your conveyancing We would stress that the two are regulated professionals specialising in the legal work in the home buying process. They may both also deal with other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
I am selling my house. I had a double glazing fitted in December 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Aldermore are being pedantic. The Goodmayes solicitor who is on the Aldermore conveyancing panel is saying indemnity insurance will be fine but Aldermore are insisting on a building regulation certificate. Why do Aldermore have a conveyancing panel if they don't accept advice from them?
It is probably the case that Aldermore have referred the matter to their valuer. The reason why Aldermore 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.
Skipton have agreed my home loan in principle, my bid on a house in Goodmayes has been accepted, now what?
The property agent will need to be advised as to your conveyancer's details (be sure the lawyers are on the bank’s panel). Telephone Skipton or the broker and complete any outstanding documentation. Skipton will sellect a valuer who will get in touch with the estate agent or seller to arrange an appointment. Once carried out (assuming no problems) it takes on average a fortnight for the mortgage offer to be issued. Skipton will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Goodmayes.
I decided to have a survey done on a property in Goodmayes in advance of instructing conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some mortgage companies may refuse to give a mortgage on a flying freehold home.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Goodmayes. Conveyancing will be smoother if you use a solicitor in Goodmayes especially if they are accustomed to such properties in Goodmayes.
I am looking to sell my property. My previous lawyers have shut. I am in need of a recommendation of a conveyancing firm. Im based in Goodmayes if that makes things easier.
You should use our search tool to help you choose a solicitor for your conveyancing in Goodmayes. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.