My friend's brother is a solicitor. I anticipate that I will receive preferential rates for conveyancing, However if that does not come materialise, what kind of costs should I be expecting for conveyancing in Earl Shilton?
It’s wise to seek two or three conveyancing quotes. Do use our comparison tool on this page. You will notice that estimates will be different but the service one can expect are distinct between solicitors as is the case with most professions.
We are only a couple days away from an exchange on a house in Earl Shilton and my mum and dad have sent the exchange deposit to my property lawyer. I am now advised that as the deposit has not arrived from me my lawyer needs to disclose this to my mortgage company. I am advised that, 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 advised the bank concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
Your lawyer is legally required to clarify with lender to ensure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only report this to your mortgage company 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 home in Earl Shilton and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. A local lawyer would know this is not the case. It does beg the question why the buyers are using an online conveyancing firm as opposed to a conveyancing solicitor in Earl Shilton. Having lived in Earl Shilton for 5 years we know that this is a non issue. Should we contact our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You must enquire of 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 sickness)
I have justbeen informed that Action Conveyancing have been shut down. They carried out my conveyancing in Earl Shilton for a purchase of a leasehold flat 18 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The quickest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Earl Shilton conveyancing specialists.
Due to the input of my in-laws I had a survey completed on a house in Earl Shilton before retaining conveyancers. I have been advised that there is a flying freehold element to the house. The surveyor has said that some mortgage companies tend refuse to give a mortgage on such a home.
It varies from the lender to lender. Lloyds has different instructions for example to Halifax. If you e-mail us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Earl Shilton. Conveyancing will be smoother if you use a solicitor in Earl Shilton especially if they are acquainted with such properties in Earl Shilton.
We are soon to exchange buying a property in Earl Shilton but as a result of damage from the recent storms I have agreed recompense from the current proprietors of five thousand pounds taking the form of a adjustment in the price. This was going to be addressed as part of the conveyancing process but the mortgage company will not permit this. Should they have been involved?
Any lawyer listed on the mortgage company conveyancing panel is obliged to inform the lender of any amendments to the sale figure. If you prohibit your property lawyer to notify the reduction to your bank then they would have to refrain from representing you and the lender.