My wife and I are nearing an exchange on a house in Stalybridge and my parents have sent the 10% deposit to my property lawyer. I am now informed that as the deposit has been received from someone other than me my lawyer needs to make a notification to my mortgage company. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I disclosed to the lender regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The conveyancer is obliged to check with mortgage company to ensure that they know that the balance of the purchase price is not from your own resources. The solicitor can only notify this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
Having sold my house in Stalybridge last August but the buyer keeps SMS messaging me to say his solicitor needs to hear from myconveyancer. What should my lawyer have done following completion?
Following your disposal your conveyancer is committed to forward the transfer documentation and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer must also evidence that the legal charge in favour of the lender has been redeemed to the buyers solicitors. There is unlikely to be post completion steps peculiar conveyancing in Stalybridge.
My bank has suggested a law firm on their panel based in Stalybridge but I would rather instruct a conveyancing lawyer in Stalybridge or nearer to where I live. Can you assist?
Not all Stalybridge conveyancing practices are approved and listed on all banks conveyancing panel. Please make the most of our search tool to locate a Stalybridge conveyancing conveyancer on the on the mortgage company panel.
The deeds to our house can not be found. The conveyancers who did the conveyancing in Stalybridge 10 years ago no longer exist. What do I do?
As long as the title is registered the information relating to your ownership will be recorded by the Land Registry with a Title Number. It is easy to execute a search at the Land Registry, find your property and secure current copies of the Registered Entries for a small fee. If the property is Leasehold then the Land Registry will in most cases retain a file copy of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
Due to the encouragement of my in-laws I had a survey completed on a house in Stalybridge before retaining conveyancers. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some banks may refuse to give a loan on this type of house.
It depends who your proposed lender is. Santander has different requirements from Halifax. If you call us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Stalybridge. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stalybridge to see if the conveyancing will be more expensive.