My husband and I are only a couple days away from an exchange on a flat in Eccleshall and my parents have transferred the exchange deposit to my solicitor. I am now told that as the deposit has been received from someone other than me my conveyancer needs to disclose this to my lender. I am advised that, in also acting for the mortgage company he must inform them that the balance of the purchase price is not just from me. I disclosed to the bank concerning my parents' contribution when I applied for the home loan, so is it really appropriate for this now to hold matters up?
Your solicitor is obliged to clarify with mortgage company to make sure that they know that the balance of the purchase price is not from your own resources. The solicitor can only notify this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
Why is leasehold purchase conveyancing in Eccleshall is more expensive?
Eccleshall leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
My wife and I are purchasing a apartment in Eccleshall. I might seem paranoid but how we can trust a conveyancer? On completion day we have to put our life savings into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am helping my aunt sell her property in Eccleshall. Will the solicitor order the EPC or should I organise this?
Following the abolition of Home Packs, energy assessments was left as a compulsory component of selling a property. An energy assessment should be commissioned prior to the property being placed on the market. This is not a task that law firms ordinarily organise. If you are instructing a Eccleshall conveyancing lawyer they may be able to arrange EPC’s given their relationships with reputable local energy assessors
We are aiming to move property in February. Does my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you put forward a removal company in Eccleshall. Conveyancing solicitor was chosen prior to coming across your site.
On the day of completion you will need to pick up the house keys from the property agent however this can only occur when the vendors lawyers advise the agent that they acknowledge receipt of the completion payment and the keys can be collected. After that you will need to advise the removal men that you are ready to move in. As a matter of policy we do not recommend a particular removal organisation but can help you find a conveyancing in Eccleshall or a firm with expertise in conveyancing in Eccleshall.
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a residence in Eccleshall? or I am told that there is historic law that means some house owners living in a parish church boundary will be compelled to contribute towards repairs to the chancel within the church. Is this a legitimate concern for conveyancing in Eccleshall?
Unless a previous purchase of the house took place after 12 October 2013 you can expect solicitors delivering conveyancing in Eccleshall to continue to propose a a chancel search and or chancel repair liability policy.
My wife and I have a renovated Edwardian house in Eccleshall. Conveyancing lawyer represented me and Bank of Scotland. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Eccleshall and other locations in 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 question the position with the conveyancing solicitor who conducted the conveyancing.
Why am I unable to complete my conveyancing in Eccleshall on a public holiday?
Because on completion the sale price needs to pass between the banks of the buyer and owner’s solicitor and currently this can only happen on a working day. So you can't complete on a weekend either.