My husband and I are approaching an exchange on a house in Browns Green and my parents have transferred the ten percent deposit to my solicitor. I am now informed that as the deposit has been sent from someone other than me my lawyer needs to disclose this to my bank. Apparently, in also acting for the mortgage company he must advise them that the balance of the purchase price is not just from me. I disclosed to the bank regarding my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?

Your lawyer 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 funds. The solicitor can only reveal this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.

I purchased a freehold residence in Browns Green yet charged rent, why is this and what is this?

It’s unusual for properties in Browns Green and has limited impact for conveyancing in Browns Green but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.

Will my conveyancing lawyers need to check that the building insurance when buying a house in Browns Green. My lender is Tesco Bank

Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 16/12/2024, the requirements read as follows :

five months have gone by following my purchase conveyancing in Browns Green completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I decided to have a survey carried out on a house in Browns Green ahead of appointing lawyers. I have been told that there is a flying freehold element to the house. The surveyor advised that some lenders may not give a mortgage on such a home.

It depends who your proposed lender is. HSBC has different instructions for example to Birmingham Midshires. Should you wish to call us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Browns Green. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Browns Green to see if the conveyancing costs will increase in light of this.