We are approaching an exchange on a property in Brimsdown and my mum and dad have sent the exchange deposit to my solicitor. I am now advised that as the deposit has been received from someone other than me my solicitor needs to disclose this to my mortgage company. Apparently, in also acting for the lender 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 appropriate for this now to be an issue?
Your solicitor is duty bound to clarify with the bank to ensure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only notify this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
It is a dozen years since I bought my house in Brimsdown. Conveyancing solicitors have now been appointed on the sale but I am unable to find my title deeds. Will this cause complications?
You need not be too concerned. Firstly the deeds may be with your mortgage company or they could be in the possession of the conveyancers who oversaw the purchase. Secondly the likelihood is that the title will be registered at the land registry and you will be able to establish that you own the property by your conveyancing lawyers obtaining up to date copy of the land registers. Most conveyancing in Brimsdown relates to registered property but in the unlikely event that your property is not registered it adds to the complexity but is not insurmountable.
Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when acquiring a residence in Brimsdown?
Unless a prior purchase of the house took place post 12 October 2013 you can take it that lawyers delivering conveyancing in Brimsdown to continue to propose a a chancel search and or chancel repair liability insurance.
I am looking to sell my house. My previous lawyers closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Brimsdown if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Brimsdown. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
Having checked my lease I have discovered that there are only Seventy years left on my lease in Brimsdown. I now want to get lease extension but my freeholder is absent. What options are available to me?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. You will be obliged to prove that you have done all that could be expected to locate the freeholder. On the whole an enquiry agent should be helpful to carry out a search and to produce an expert document which can be used as evidence that the freeholder can not be located. It is wise to seek advice from a property lawyer in relation to investigating the landlord’s absence and the application to the County Court covering Brimsdown.
I have had difficulty in negotiating a lease extension in Brimsdown. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Absolutely. We are happy to put you in touch with a Brimsdown conveyancing firm who can help.
An example of a Vesting Order and Purchase of freehold decision for a Brimsdown residence is Ground Floor Flat 4A Baronet Road in February 2010. Following a vesting order by Edmonton County Court on 23rd December 2008 (case number 8ED064) the Tribunal decided that the price that the Applicant for the freehold interest should pay is £8,689.00 This case was in relation to 2 flats. The unexpired residue of the current lease was 80.01 years.
Our mortgage broker has recommended their conveyancer for the conveyancing in Brimsdown - Surely it’s advisable to just instruct them?
It is not always the case and you are entitled to use whichever conveyancing practitioner you prefer for your Brimsdown home move. The property lawyer suggested by a 3rd party adviser may not always be the best property lawyer, they may recommend their own conveyancing firm who are based far away. In this instance you may not have contact with your property lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain updates.