I am only a couple days away from an exchange on a house in Whiston and my parents have sent the ten percent deposit to my conveyancing practitioner. I am now informed that as the deposit has been sent from someone other than me my lawyer needs to disclose this to my mortgage company. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the bank about my parents' contribution when I applied for the home loan, so is it really appropriate for this now to delay the deal?
Your conveyancer is obliged to check with the bank to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your lender if you agree, failing which, your lawyer must cease to continue acting.
How up to date is your database of Whiston solicitors on the Virgin Money conveyancing panel? Do Virgin Money send you an updated list?
Whiston conveyancing firms themselves provide us confirmation that they are on the Virgin Money conveyancing panel as opposed to being supplied with a list from Virgin Money directly.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Whiston. My lender is Nationwide Building Society
Nationwide Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 19/2/2025, the requirements read as follows :
I have been told that property searches are a common reason for stalling in Whiston house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances in the conveyancing process. Searches are not likely to be the root cause of slowing down conveyancing in Whiston.
Have purchased a a terraced house in Whiston , What is the estimated time for the Land Registry to record my ownership? My Whiston conveyancing solicitor has been painfully slow, so I want to check the registration is addressed.
As far as conveyancing in Whiston registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can adjust subject to who lodges the application, whether it is in order and if the Land registry must send notices to any interested persons or bodies. Currently roughly three quarters of submission are fully addressed within two weeks but some can be subject to protracted hold-ups. Registration takes place after the new owner has moved in to the premises therefore an expedited registration is not typically an essential issue yet if there is a degree of urgency associated with the registration then you or your solicitor must speak with the land registry and explain the circumstances.
About to purchase a new build apartment in Whiston. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Whiston
-
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.