My husband and I are approaching an exchange on a house in Knotty Ash and my mum and dad have sent the 10% deposit to my solicitor. I am now advised that as the deposit has been sent from someone other than me my property lawyer needs to disclose this to my bank. I am advised that, in also acting for the mortgage company he must advise them that the balance of the purchase price is not just from me. I advised the mortgage company regarding my parents' contribution when I applied for the home loan, so is it really necessary for this now to delay the deal?
The lawyer is obliged to check with mortgage company to ensure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
It is 10 years ago since I acquired my house in Knotty Ash. Conveyancing solicitors have just been instructed on the sale but I can't find the deeds. Will this jeopardise the sale?
Don’t worry too much. First there is a chance that the deeds will be retained by your lender or they may stored with the lawyers who oversaw your purchase. Secondly in all probability the property will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors acquiring up to date copy of the land registers. Nearly all conveyancing in Knotty Ash relates to registered property but in the rare situation where your property is not registered it is more of a problem but is not insurmountable.
My friend suggested that where I am buying in Knotty Ash I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Knotty Ash conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Knotty Ash around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful information regarding Knotty Ash.
How easy is it to swap conveyancer as I need to choose a firm on the Clydesdale conveyancing panel. I instructed a local conveyancing solicitor in Knotty Ash round the corner but the firm is not approved by Clydesdale
It would be our pleasure to assist you select a conveyancing solicitor in Knotty Ash on the Clydesdale panel. Please note that the law firms that we work with do not pay us fee if you instruct them and are registered with the SRA who regulate all conveyancing solicitors in Knotty Ash. In making use of the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Knotty Ash.
My husband and I have today had a bid accepted on our first house in Knotty Ash, and need to get solicitors appointed. We have used the different rating based websites and the quotes are from all over the country. Is it important to have a Knotty Ash property lawyer local to the potential new home? We are willing to do everything over the internet, but I guess at some stage we will be required to physically go into the conveyancer's office to sign contracts?
The property lawyer does not need to be in Knotty Ash, but choosing local means that you can visit their offices if needed, for instance, if a signature is immediately necessary. In addition, a Knotty Ash solicitor have established relationships with local agents and (if the vendor has instructed a local conveyancing practitioner) with them, which will help keep things moving faster.