My husband and I are getting closer to an exchange on a property in Heath Hayes and my parents have transferred the 10% deposit to my conveyancing practitioner. I am now told that as the deposit has not arrived from me my solicitor needs to make a notification to my bank. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is not just from me. I disclosed to the mortgage company about my parents' contribution when I applied for the home loan, so is it really appropriate for this now to hold matters up?
The property lawyer is legally required to check 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 lender if you agree, failing which, your lawyer must cease to continue acting.
Do lawyers ask for money up-front when it comes to conveyancing in Heath Hayes?
If you are buying a property in Heath Hayes your solicitor will request that you put them with monies to cover the the cost of the conveyancing searches. Generally this is needed to cover the fees of the conveyancing searches. When the deposit is payable against the total price then this should be required shortly before contracts are exchanged. The final balance that is due should be sent to your lawyer a couple of days prior to the day of completion.
My colleague advised me that if I am buying in Heath Hayes I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually quoted for as part of the standard Heath Hayes conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Heath Hayes around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Heath Hayes Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data concerning Heath Hayes.
We're first time buyers - had an offer accepted, yet the estate agent informed us that the vendor will only issue a contract if we appoint their recommended conveyancers as they want an ‘expedited deal’. We would rather use a high street solicitor used to conveyancing in Heath Hayes
It is unlikely the owners are behind this. Should the owner desire ‘a quick sale', taking such a hostile approach to a serious purchaser is not the way to achieve this. Contact the owners directly and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you will continue to instruct your own,trusted Heath Hayes conveyancing firm - not the ones that will earn their negotiator at the agency a commission or hit his conveyancing thresholds pre-set by corporate headquarters.
A conveyancing firm acted on my conveyancing in Heath Hayes four years ago having retained my title documents but has since been shut down – What can I do to retreive these?
Deeds, as such, no longer exist as the majority of properties in Heath Hayes are recorded electronically at Land Registry. If you need to show evidence of proprietorship or are selling or re-mortgaging your solicitor will need to obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.