My husband and I are getting closer to an exchange on a flat in Callerton and my mum and dad have sent the exchange deposit to my solicitor. I am now advised that as the deposit has been sent from someone other than me my property lawyer needs to make a notification to my bank. Apparently, in also acting for the bank he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the lender concerning my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
Your conveyancing practitioner is duty bound to clarify with lender to make sure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only notify this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
I am close to exchanging contracts on the sale of our property in Callerton and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A local conveyancer would know this is not the case. For the life of me I don't know why the buyers used an internet conveyancing outfit rather than a conveyancing solicitor in Callerton. We have lived in Callerton for many years we know of no issue. Should we contact our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
How does conveyancing in Callerton differ for new build properties?
Most buyers of new build premises in Callerton come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is finished. This is because developers in Callerton typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Callerton or who has acted in the same development.
Do I need to be suspicious by estate agents that I am dealing with are suggesting a factory type conveyancing firm as opposed to a local Callerton conveyancing company?
As is the case with many professional services, often suggestions from family and friends can be worth their weight in gold. Yet there are lots of parties with a keen interest in a conveyancing matter; estate agents, mortgage brokers and mortgage companies might all put forward solicitors to choose. On occasion the solicitors might be known to one of the organisations as one of the best in their field, but occasionally there may be a financial incentive behind the endorsement. You are free to appoint your own lawyer. Don't forget that the majority of banks have an approved list of solicitors you must use for the lender related work in your transaction.
I have been sourcing a conveyancing solicitor in Callerton for my sale. Is it possible to review a firm’s record with the legal regulator?
Members of the public can read documented Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Go to Check a solicitor's record. For information Pre 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training reasons.
If instructed can a conveyancer remove someone from the title of my property in Callerton ?
Extracting or adding someone to the title of your house is relatively straightforward. You’ll need to appoint a conveyancing practitioner to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a lawyer