We are only a couple days away from an exchange on a property in Darley Abbey and my mum and dad have transferred the 10% deposit to my solicitor. I am now told that as the deposit has not come from me my property lawyer 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 advised the mortgage company regarding my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?

The property lawyer is obliged to check with mortgage company to ensure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only notify this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.

Forgive me if this question is silly but I am unseasoned as FTB of a two bedroom flat in Darley Abbey. Do I collect the keys to the property on the completion date from my conveyancer? If this is the case, I will find a High Street conveyancing solicitor in Darley Abbey?

On the day of completion you do not need to attend the conveyancers office in Darley Abbey. Your solicitors will electronically transfer the purchase money to the owner’s lawyers, and shortly after the monies have arrived, you should be invited to receive the keys from the selling Agents and start moving into the property. Usually this happens early afternoon.

My wife and I are in the throws of looking at houses in Darley Abbey and I am about to put in an offer. Should I already have a property lawyer in place at this point? I will be getting a home loan with Coventry BS.

It would be prudent to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the EA. As you are seeking a mortgage with Coventry BS, make sure you remember to check that your lawyer is on the Coventry BS conveyancing panel.

The formalities of my purchase has taken place for my property in Darley Abbey. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?

Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. In most cases complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.

Just acquired a terraced house in Darley Abbey , What is the estimated time for the Land Registry to record the transfer to my name? My Darley Abbey conveyancing solicitor works at snail pace, so I want to check that my name is registered.

As far as conveyancing in Darley Abbey is concerned, registration is no quicker or slower than the rest of England and Wales. As opposed to being determined by geographic area, timeframes can vary depending on who lodges the application, whether it is in order and whether the Land registry need to notify any 3rd persons or bodies. As of today approximately three quarters of such applications are fully dealt with in less than three weeks but some can be subject to extensive hold-ups. Historically registration occurs once the new owner has moved in to the premises therefore 'speed' is not always top priority but where it is urgent that the the registration takes place urgently then you or your solicitor must communicate with the Registry to express the reasoning for an expedited registration.

What does commercial conveyancing in Darley Abbey cover?

Darley Abbey conveyancing for business premises incorporates a wide array of guidance, provided by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.

I've found a house that seems to meet my requirements, at a great price which is making it all the more appealing. I have subsequently found out that the title is leasehold rather than freehold. I would have thought that there are issues purchasing a house with a leasehold title in Darley Abbey. Conveyancing lawyers have are soon to be appointed. Will my lawyers set out the implications of buying a leasehold house in Darley Abbey ?

Most houses in Darley Abbey are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can help the conveyancing process. It is clear that you are buying in Darley Abbey in which case you should be looking for a Darley Abbey conveyancing solicitor and check that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. As a lessee you will not be at liberty to do whatever you want with the house. The lease will likely included provisions such as requiring the landlord’spermission to conduct alterations. You may also be required to pay a contribution towards the maintenance of the estate where the house is part of an estate. Your solicitor will advise you fully on all the issues.

Leasehold Conveyancing in Darley Abbey - Examples of Queries Prior to Purchasing

How many of the leaseholders are in arrears for their service charge payments? You should want to discover as much as you can concerning the managing agents as they will either make your life much simpler or uncomfortable. As the proprietor of a leasehold property you are frequently at the mercy of the managing agents from a financial perspective and when it comes to every day matters like the upkeep of the communal areas. Don't be shy to ask other tenants what they think of them. On a final note, investigate as to the dates that the maintenance charges are due to the managing agents and precisely how they are spending that money. How much is the maintenance charge and ground rent on the flat?