We are soon to exchange on the purchase of a house in Hope Valley but as a consequence of wreckage from some water damage at the property I have was able negotiate recompense from the vendor of £3k taking the form of a adjustment in the price. I had intended this to be dealt with as part of a side agreement however Virgin Money are not allowing this. Should they have been approached?

The conveyancer that is on a Virgin Money approved list is duty bound to disclose to Virgin Money of any changes to the purchase price. If you prohibit your lawyer to report the price change to Virgin Money then they would have to discontinue acting for you. In addition, Virgin Money and you would have to appoint a new solicitor for your conveyancing in Hope Valley.

The Hope Valley conveyancing solicitors that I recently instructed on my house acquisition in Hope Valley have without warning closed. I chose them because I had to have a solicitor on the Nationwide conveyancing panel and my preferred Hope Valley lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What are my options?

If you have an estate agent involved then let them know immediately so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Nationwide conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.

About to purchase a new build flat in Hope Valley. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Hope Valley

Forfeiture - bankruptcy or liquidation must not apply under this provision. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please confirm the Lease plans are architect prepared. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.

I'm refinancing my existing home to a buy to let loan with Leeds Building Society and intend to use the remaining equity as a deposit on another property. The location we are interested in is Hope Valley. Will your lawyers be able to act for both sets of lenders and link together the transactions?

Make use of our search tool on this site to be sure that the lawyers are approved by both mortgage companies. On the basis that they are your conveyancer will be able to connect the two conveyancing matters but you should have a chat with you solicitor and specify your desired outcome and requirements.

I need to retain a conveyancing solicitor for remortgage conveyancing in Hope Valley. I happened to discover a site which appears to be the perfect solution If there is a chance to get all the legals completed via phone that would be ideal. Should I be concerned? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?