We are only a couple days away from an exchange on a property in Bookham and my parents have sent the ten percent deposit to my property lawyer. I am now informed that as the deposit has been sent from someone other than me my conveyancer needs to disclose this to my bank. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I advised the lender about my parents' contribution when I applied for the home loan, so is it really appropriate for this now to hold matters up?
Your lawyer is obliged to check with mortgage company to make sure that they know that the balance of the purchase price is not from your own resources. The solicitor can only report this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
We are planning to purchase with Coventry BS. I went into a couple of high street practices yet cant to find a Bookham conveyancing firm on the Coventry BS panel. Can you help?
Please do take advantage of the search tool on this page. Pick the mortgage company and type Bookham or your location and you will discover numerous conveyancers located in Bookham or near you.
Just had an offer accepted on a new build apartment in Bookham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Bookham
-
Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply a car parking plan. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
I opted to have a survey completed on a house in Bookham in advance of instructing lawyers. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies may not issue a loan on this type of house.
It depends who your proposed lender is. Santander has different instructions from Halifax. If you call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Bookham. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Bookham cover?
Commercial conveyancing in Bookham covers a broad range of advice, provided by qualified solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment 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.
As co-executor for the estate of my aunt I am disposing of a property in Newport but reside in Bookham. My lawyer (based 250 kilometers awayrequires that I sign a stat dec prior to completion. Could you suggest a conveyancing lawyer in Bookham to witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are Bookham based