I am nearing an exchange on a house in Gorton and my mum and dad have transferred the 10% deposit to my solicitor. I am now told that as the deposit has been received from someone other than me my conveyancing practitioner needs to make a notification to my mortgage company. Apparently, 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 disclosed to the lender about my parents' contribution when I applied for the home loan, so is it really appropriate for this now to be an issue?
The conveyancer is duty bound to check with the bank to ensure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
I used Action Conveyancing a few years ago for my conveyancing in Gorton. Now, I need my files but the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Gorton of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the encouragement of my in-laws I had a survey completed on a property in Gorton prior to instructing solicitors. I have been told that there is a flying freehold element to the property. Our surveyor has said that some lenders will refuse to give a loan on a flying freehold property.
It depends who your proposed lender is. Santander has different instructions from Halifax. Should you wish to telephone us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Gorton. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking into buying my first house which is in Gorton and I am already nervous. I couldn't find anything specific about Gorton. Conveyancing will be needed in due course but do you know about the Gorton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Gorton. In the meantime here are some basic statistics that we found
We're novice buyers - had an offer accepted, yet the selling agent told us that the seller will only go ahead if we instruct the agent's recommended lawyers as they need a ‘quick sale’. Our preferred option is to instruct a family conveyancer accustomed to conveyancing in Gorton
It is unlikely the owners are behind this. If they desire ‘a quick sale', taking such a hostile approach to a genuine purchaser is likely to cause more damage than good. Avoid the agents and go straight to the sellers and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you will continue to use your own,trusted Gorton conveyancing solicitors - not the ones that will provide their estate agent a commission or achieve conveyancing figures set by head office.