We are only a couple days away from an exchange on a property in Muxton and my mum and dad have sent the ten percent deposit to my lawyer. I am now told that as the deposit has been sent from someone other than me my conveyancer needs to make a notification to my lender. I am advised that, in also acting for the lender he must inform them that the balance of the purchase price is not just from me. I advised the bank concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to hold matters up?
The conveyancing practitioner 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 report this to your bank if you agree, failing which, your lawyer must cease to continue acting.
I am planning to move house in January. Will my conveyancing solicitor update the removal company on the completion day. Incidentally, can you put forward a removal company in Muxton. Conveyancing firm was found before I stumbled across this website.
On the afternoon of completion you will need to pick up the house keys from your selling agent but this can only occur when the sellers solicitors confirm to the agent that the monies to complete are in and the keys can be handed over. After that you will need to inform the removal men that you are ready to move in. We do not suggest a particular removal organisation but can assist you in finding a conveyancing in Muxton or a legal practice with expertise in conveyancing in Muxton.
It is not clear whether my mortgage offer requires a lease extension. I have telephoned my Muxton bank branch on a couple of occasions and was told they are content with the situation and they will lend. My Muxton conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they refuse to lend based on their specific requirements. I have no idea who is right.
Your property lawyer has to comply with the CML Handbook section two conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I am due to exchange contracts on my house. I had a double glazing fitted in November 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Clydesdale are being a right pain. The Muxton solicitor who is on the Clydesdale conveyancing panel is saying indemnity insurance will be fine but Clydesdale are insisting on a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?
It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale 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 have recentlybecome aware that Wolstenholmes have been shut down. They conducted my conveyancing in Muxton for a purchase of a leasehold apartment 10 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The quickest method 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 Muxton conveyancing specialists.
I am buying my first flat in Muxton with a loan from Halifax. The builders would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent advised me not reveal to my lawyer about this extras as it will put at risk my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My uncle has recommend that I instruct his conveyancing solicitors in Muxton. Should I find my own conveyancer?
No doubt the ideal way to choose a conveyancing practitioner is to seek guidance from friends or relatives who have used the conveyancer that you are considering.
We are in the process of acquiring a property in Muxton. Could the conveyancer have the amount we are are buying for a secret from sites such as Rightmove. Is this achievable and how?
The Land Registry as a matter of law required to specify price paid data on a register of the title for domestic properties countrywide which includes premises in Muxton. The register of ownership is an open document, so HMLR would be breaking the law if they failed to grant access to the register.
You can ask HM Land Registry to withhold the amount paid data yet the response will be in the negative.