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Find a Wolviston Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Wolviston? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Wolviston conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Wolviston

My husband and I are getting closer to an exchange on a house in Wolviston and my parents have sent the exchange deposit to my lawyer. I am now told that as the deposit has been received from someone other than me my conveyancer needs to make a notification to my mortgage company. I am advised that, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the lender regarding my parents' contribution when I applied for the mortgage, so is it really necessary for this now to be an issue?

The solicitor 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. The solicitor can only disclose this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.

I have todaybeen informed that Stirling Law have closed. They conducted my conveyancing in Wolviston for a purchase of a leasehold apartment 9 months ago. How can I check that the property is registered correctly in the name of the former proprietor?

The easiest way to check if the premises is in your name, 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 Wolviston conveyancing specialists.

Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. Wolviston is where the house is located. Is there any advice you can give?

Flying freeholds in Wolviston are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wolviston you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wolviston may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

What does commercial conveyancing in Wolviston cover?

Commercial conveyancing in Wolviston incorporates a broad range of advice, supplied by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.

I need to swap lawyers as my Wolviston lawyer is not on the lender's panel of conveyancing solicitors. Is it advisable to appoint a new law firm?

In the event that you have not formally instructed a conveyancer to commence the conveyancing and at this stage simply received quotes, 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 Wolviston that you're considering.

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Find out more about how flying freehold can affect your the value of a property.