I am getting closer to an exchange on a house in Mickleover and my parents have transferred the 10% deposit to my conveyancer. I am now informed that as the deposit has been received from someone other than me my conveyancing practitioner needs to disclose this to my lender. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the lender about my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
Your solicitor 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 funds. Your solicitor can only report this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
I have todaydiscovered that Stirling Law have closed. They carried out my conveyancing in Mickleover for a purchase of a freehold house 10 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?
The easiest way to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Mickleover conveyancing specialists.
I opted to have a survey done on a property in Mickleover prior to instructing conveyancers. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies tend not grant a loan on such a premises.
It depends who your proposed lender is. Lloyds has different instructions for example to Halifax. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Mickleover. Conveyancing will be smoother if you use a solicitor in Mickleover especially if they regularly deal with such properties in Mickleover.
My uncle has suggested that I appoint his lawyers for conveyancing in Mickleover. Should I use them?
No doubt the best way to select a conveyancing lawyer is to have guidance from friends or family who have experience in using the solicitor that you are considering.
How easy is it to change a solicitor as I need to find a Mickleover based conveyancer who is on the mortgage company conveyancing panel. Is it practical to instruct different lawyers?
In the event that you have not formally appointed a conveyancer to do anything for you and at this stage simply received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Mickleover that you're considering.