My husband and I are only a couple days away from an exchange on a property in Disley and my parents have transferred the exchange deposit to my solicitor. I am now told that as the deposit has not arrived from me my lawyer needs to disclose this to my bank. I am advised that, 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 informed the mortgage company about my parents' contribution when I applied for the mortgage, so is it really necessary for this now to hold matters up?
Your solicitor is legally required to clarify with lender to make sure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
A friend advised me that in buying a property in Disley there could be various restrictions affecting the ability to carry out external alterations to a property. Is this right?
We are aware of anumerous of properties in Disley which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in Disley should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are planning to move home in December. Does my conveyancing solicitor communicate with the removal company on the day of completion. As an aside, can you recommend a removal company in Disley. Conveyancing solicitor was found before I stumbled across your site.
On the afternoon of completion you will need to collect the house keys from your selling agent however this can only be done once the previous owners lawyers inform the agent that they have the completion monies and the keys can be passed over. You can inform the removal company that they can start moving you in. As a matter of policy we do not recommend a particular removal organisation but can help you choose a conveyancing in Disley or a firm with expertise in conveyancing in Disley.
I am selling my apartment. I had a double glazing fitted in December 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Principality are being problematic. The Disley solicitor who is on the Principality conveyancing panel is saying indemnity insurance will be fine but Principality are insisting on a building regulation certificate. Why do Principality have a conveyancing panel if they don't accept advice from them?
It is probably the case that Principality have referred the matter to their valuer. The reason why Principality may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I require fast conveyancing in Disley as I am under an ultimatum to complete inside one month. Luckily I do not need a mortgage. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you have the choice not to have searches carried out although no lawyer would recommend that you don't. Drawing on our experience of conveyancing in Disley the following are examples of what can appear and adversely affect the marketability of the property: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Road Schemes,...
My wife and I have a 4 bedroom Georgian property in Disley. Conveyancing solicitor acted for me and Birmingham Midshires. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold with the matching property. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Disley and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with the conveyancing practitioner who conducted the conveyancing.
How does conveyancing in Disley differ for new build properties?
Most buyers of new build or newly converted property in Disley approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is finished. This is because house builders in Disley usually purchase the site, 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 used to new build conveyancing in Disley or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a straight forward, no chain conveyancing. Disley is where the house is located. Can you offer any opinion?
Flying freeholds in Disley are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Disley you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Disley may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.