We are only a couple days away from an exchange on a flat in South Petherton and my parents have transferred the 10% deposit to my solicitor. I am now advised that as the deposit has not arrived from me my solicitor 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 regarding my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
Your conveyancer 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 lender if you permit them to, failing which, your lawyer must cease to continue acting.
We note that you have a search directory identifying law firms on the RBS conveyancing panel. Do companies pay you a referral fee if I appoint them for our own conveyancing in South Petherton?
We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in South Petherton.
My friend advised me that if I am buying in South Petherton I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally included in the estimate for your South Petherton conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about South Petherton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful information regarding South Petherton.
Just had an offer accepted on a new build apartment in South Petherton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in South Petherton
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Forfeiture - bankruptcy or liquidation must not apply under this provision. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I am downsizing from my property. My previous solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in South Petherton if that affects matters.
Do use our search tool to help you find a solicitor for your conveyancing in South Petherton. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I bought a house in South Petherton last 15/10/2024 and to date it is still not recorded with HM Land Registry. It is part of a new estate and my lawyer told me that it can take 12 months to register. I have called HMLR directly and they say that the initial application was cancelled due to failure to reply to requisitions. Should I be concerned?
It is your property lawyer that you should turn to here in order to satisfy any concerns which have arisen as part of the registration process for your South Petherton property. Normal South Petherton conveyancing practice includes an undertaking on the part of the seller's lawyer that they will assist in resolving any requirements raised by HMLR so it may be a case of taking action to enforce that undertaking in some way.