My wife and I are nearing an exchange on a property in Alnwick and my mum and dad have sent the exchange deposit to my conveyancer. I am now informed that as the deposit has not arrived from me my conveyancer needs to disclose this to my mortgage company. I am advised that, 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 mortgage, so is it really appropriate for him to raise this?

Your conveyancer is duty bound to check with mortgage company to make sure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only report this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.

Should lawyers ask for money on account for conveyancing in Alnwick?

If you are buying a property in Alnwick your solicitor will request that you place them with monies to cover the the cost of the conveyancing searches. Normally this is requested to cover the fees of the Local Authority Search. When the deposit is payable against the total price then this will be required immediately prior to exchange of contracts. The closing balance that is needed will be payable shortly before completion.

I am selling my apartment in Alnwick. Will the conveyancing practitioner need to be on the Principality conveyancing panel in order to deal with redeeming my mortgage?

Ordinarily, even if your lawyer is not on the Principality conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently currently.

I have recentlybeen informed that Wolstenholmes have closed. They conducted my conveyancing in Alnwick for a purchase of a leasehold flat 12 months ago. How can I be sure that my home is registered correctly in the name of the previous owner?

The quickest method to check if the property is registered to you, 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 Alnwick conveyancing specialists.

About to purchase a new build flat in Alnwick. Conveyancing is necessary evil 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 conveyancing.

Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Alnwick

Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared.