I am only a couple days away from an exchange on a property in Adlington and my parents have transferred the ten percent deposit to my lawyer. I am now told 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 bank he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the bank concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
Your lawyer is duty bound to check with the bank to ensure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only report this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
We are buying a apartment in Adlington. I might seem paranoid but how we can trust a solicitor? On completion day we will need to put funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We expect to receive a DIP from Santander this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Santander recommend any Adlington solicitors on the Santander conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Adlington solicitors independently although you'll need to choose one on the Santander conveyancing panel. The solicitor represents both you and Santander through the process.
Aldermore have agreed my mortgage in principle, my bid on a house in Adlington has been accepted, what are the next steps?
The estate agent will need to know who your solicitors are (be sure the conveyancers are on the lender’s panel). Call up Aldermore or your broker and finalise any outstanding forms. Aldermore will appoint a valuer who will get in contact with the estate agent or seller to book an appointment. Once carried out (assuming no problems) it takes on average ten days for the mortgage offer to be issued. Aldermore will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Adlington.
My colleague suggested that where I am buying in Adlington I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Adlington conveyancing searches. It is not a small report of about 40 pages, listing and detailing important information about Adlington around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Adlington Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Adlington Education with maps and statistics, Local Amenities and other useful information concerning Adlington.
The deeds to my property can not be found. The conveyancers who conducted the conveyancing in Adlington 10 years ago no longer exist. What are my options?
Gone are the days when you need to hold title original deeds to establish that you are the owner of your registered land or premises, as the Land Registry have everything they need in a digital format.
Is it possible to change conveyancer as I need to retain one who is on the The Mortgage Works conveyancing panel. I was using a local conveyancing solicitor in Adlington five minutes from me but she is not approved by The Mortgage Works
We will our best to assist in finding you a conveyancing solicitor in Adlington on the The Mortgage Works panel. Please note that the conveyancers that we work with do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Adlington. Using the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Adlington.
What is the average legal costs for conveyancing in Adlington?
The average fee last year for conveyancing in Adlington was £1,419 excluding Stamp Duty and HM Land Registry charges.