We are approaching an exchange on a property in Leek and my mum and dad have transferred the ten percent deposit to my lawyer. I am now advised that as the deposit has been received from someone other than me my solicitor 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 lender concerning my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
The property lawyer is duty bound to check with mortgage company to ensure that they are aware 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.
My uncle informed me that in purchasing a property in Leek there may be various restrictions affecting the ability to carry out external changes to the property. Is this right?
We are aware of anumerous of properties in Leek which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Leek should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are due to move home in March. Does my conveyancing solicitor call the removal company on the day of completion. As an aside, can you put forward a removal company in Leek. Conveyancing lawyer was chosen prior to coming across this site.
On the afternoon of completion you will need to pick up the keys from the selling agent but this should only happen once the vendors conveyancers advise the agent that they acknowledge receipt of the completion payment and the keys can be passed over. After that you should tell the removal men that you are ready to move in. As a matter of policy we do not recommend a particular removal organisation but can help you find a residential property solicitor in Leek or a legal practice that specialises in conveyancing in Leek.
Is it the case that all Leek solicitors on the Principality conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Principality conveyancing panel they would need to be governed by the SRA. The majority of mortgage companies do list licenced conveyancers on their panel and in such a situation the practice would be governed by the Council of Licensed Conveyancers.
My colleague advised me that if I am buying in Leek I should ask my conveyancer to 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 included in the estimate for your Leek conveyancing searches. It is a large report of more than thirty pages, listing and setting out significant information about Leek 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 demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Leek Education with plans and statistics, Local Amenities and other useful information regarding Leek.
I am looking for a conveyancing solicitor in Leek for my purchase. Is it possible to review a solicitor's complaints history with the legal regulator?
You may find documented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The regulator could recorded call for training requirements.
Developers have suggested I use a lawyer and I've received an estimate from them. It's almost three hundred pounds cheaper than my family Leek solicitor. Should I use them?
Developers frequently have panels of conveyancing practitioners who expedite matters and who know the builder's paperwork and solicitor. Plenty of developers offer an inducement to select a preferred lawyer for this reason, any increased fees can be avoided and a builder won't suggest a conveyancing warehouse and run the risk of having the transaction delayed when they demand an exchange in 28 days. A counter-argument for not opting for the suggested lawyer is that they may prove reluctant to 'push' your interests at the risk of alienating the developer. If you worry that this may be the case you should stick with your local Leek solicitor.