We are getting closer to an exchange on a house in Sutton in Ashfield and my mum and dad have transferred the 10% deposit to my conveyancer. I am now advised that as the deposit has not come from me my property lawyer needs to disclose this to my mortgage company. I am advised that, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the mortgage company regarding my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
Your lawyer is legally required to clarify with mortgage company to make sure that they know that the balance of the purchase price is not from your own funds. The solicitor can only report this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
My wife and I buying a 3 bedroom semi in Sutton in Ashfield. The intention is to an extension at the rear at the house.Will the conveyancing process involve investigations to ascertain if these alterations were previously refused?
Your solicitor will review the deeds as conveyancing in Sutton in Ashfield will on occasion reveal restrictions in the title deeds which restrict categories of works or necessitated the consent of a 3rd party. Many extensions call for local authority planning consent and approval in accordance building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be prudent to check these things with a surveyor ahead of any purchase.
We previously instructed solicitors based in Sutton in Ashfield on the Kent Reliance solicitor approved list. They have just billed me a further charge for the legal aspects of the Kent Reliance mortgage. Is this a supplemental conveyancing fee specified by Kent Reliance?
Unfortunately, as long as it is in their Terms and Conditions or estimate then yes your solicitor can levy a fee for this. This charge is not set by Kent Reliance but by your Sutton in Ashfield lawyer. Plenty of firms on the Kent Reliance panel will quote ’dealing with mortgage’ fee and others do not.
Having digested plenty of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Sutton in Ashfield solicitor - who is on the Coventry BS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Coventry BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Coventry BS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Sutton in Ashfield postcode. As you are getting a mortgage with Coventry BS, you could contact them to see if they have a list of approved surveyors in Sutton in Ashfield.
My wife and I are close to exchanging contracts on the sale of our property in Sutton in Ashfield and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any high street Sutton in Ashfield lawyer would know that there is no such problem. It does beg the question why the buyers are using a nationwide conveyancing firm as opposed to a conveyancing solicitor in Sutton in Ashfield. Having lived in Sutton in Ashfield for 4 years we know of no issue. Do we contact our local Authority to get clarification that there is no issue.
It would appear that you have a conveyancing solicitor already. What do they say? You must check with 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 todaybecome aware that Wolstenholmes have closed. They conducted my conveyancing in Sutton in Ashfield for a purchase of a leasehold flat 10 months ago. How can I check that my home is in my name in the name of the previous owner?
The easiest way to see if the premises is in your name, you can carry out 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 Sutton in Ashfield conveyancing specialists.
I am looking for a ground for flat up to £305k and identified one close by in Sutton in Ashfield I like with amenity areas and railway links in the vicinity, however it only has 51 remaining years left on the lease. There is not much else in Sutton in Ashfield suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term will be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you may request that they start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.
I am four weeks into a leasehold purchase having been referred to solicitors by the high street agent to perform conveyancing in Sutton in Ashfield. We are not happy. Can you help me find new conveyancers?
A lawyer would need to be really poor in order to consider changing them. Has the mortgage offer been sent? If so you must advise them of the new conveyancer and ensure the mortgage documents are issued to the new lawyers. Your new solicitor ideally should be on the banks panel to avoid escalating costs and complications. So that should be your first question of the new lawyers. Our search tool can assist you in finding a lender approved solicitor for your home move in Sutton in Ashfield