My mortgage broker has asked me for my County Durham solicitor’s panel member for the Nat West conveyancing panel. Can you suggest how I obtain this. I have e-mailed my local County Durham office but they have not responded to me.
Have you tried contacting your County Durham conveyancing practitioner about this?. They retain a central record lender panel numbers.
My wife and I are approaching an exchange on a property in County Durham and my parents have sent the 10% deposit to my solicitor. 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 bank. 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 mortgage company concerning my parents' contribution when I applied for the home loan, so is it really appropriate for this now to be an issue?
Your solicitor is legally required to check with the bank to ensure that they are aware that the balance of the purchase price is not from your own funds. The solicitor can only disclose this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
Completed the sale of my flat in County Durham last December yet the purchaser is texting me to say his conveyancer is waiting to hear from myconveyancer. What are the post completion sale formalities following completion?
Post completion of your disposal your lawyer is duty bound to deliver the transfer deeds and all additional paperwork to the buyer’s lawyers. Where relevant, your lawyer should also confirm that the mortgage has been paid off to the buyers conveyancers. There is unlikely to be post completion steps specific conveyancing in County Durham.
Should my conveyancer be asking questions concerning flooding during the conveyancing in County Durham.
The risk of flooding is if increasing concern for solicitors specialising in conveyancing in County Durham. There are those who purchase a house in County Durham, fully aware that at some time, it may be flooded. However, leaving to one side the physical damage, if a house is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or dispose of the premises. Steps can be carried out during the course of a house purchase to forewarn the buyer.
Conveyancers are not best placed to impart advice on flood risk, but there are a number of searches that can be carried out by the buyer or by their conveyancers which will give them a better understanding of the risks in County Durham. The standard information sent to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the vendor to discover if the premises has ever been flooded. If flooding has previously occurred and is not notified by the owner, then a buyer could bring a claim for damages as a result of such an misleading reply. A purchaser’s conveyancers should also carry out an environmental report. This will disclose if there is any known flood risk. If so, further inquiries will need to be carried out.
Just had an offer accepted on a new build flat in County Durham. 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 is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in County Durham
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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. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Forfeiture - bankruptcy or liquidation must not apply under this provision. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
I am a sole trader looking to take over a lease of a shop on the high street. Can you recommend lawyers offering competitive charges for commercial conveyancing in County Durham for below 1500k?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in County Durham, including the sale and acquisition of businesses as well as simply premises. Whether you are hoping to purchase or dispose of a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right firm. Regarding the charges these will vary based on the structure and heads of terms of the deal. Please provide us with your contact information or telephone so as to enable us to supply you with a fixed commercial conveyancing quote.