My wife and I are only a couple days away from an exchange on a flat in Sprotbrough and my parents have transferred the exchange deposit to my conveyancer. I am now advised that as the deposit has been received from someone other than me my lawyer needs to disclose this to my lender. 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 disclosed to the mortgage company about my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to hold matters up?

The property lawyer is duty bound to check with lender to make sure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only disclose this to your bank if you agree, failing which, your lawyer must cease to continue acting.

I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Sprotbrough. My lender is Platform

Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 3/11/2024, the requirements read as follows :

I am aiming to move property in December. Will my conveyancing solicitor communicate with the removal company on the day of completion. As an aside, can you recommend a removal company in Sprotbrough. Conveyancing solicitor was organised before I stumbled across this website.

On the day of completion you can pick up the keys from the property agent but this can only take place when the vendors solicitors confirm to the agent that they have the completion monies and the keys can be given over. After that you can inform the removal men that they can start moving you in. As a matter of policy we do not recommend a specific removal company but can help you choose a conveyancing in Sprotbrough or a solicitor that specialises in conveyancing in Sprotbrough.

Is it the case that all Sprotbrough conveyancing solicitors on the Barclays conveyancing panel are regulated by the SRA?

As solicitors, in order to be on the Barclays conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Some mortgage companies do list licenced conveyancers on their panel in which case such organisation would be governed by the Council of Licensed Conveyancers.

My fiancee and I are at the point of looking at houses in Sprotbrough and I am about to put in an offer. Is it sensible to have my solicitor on ‘stand by’? I am planning to take a mortgage with Clydesdale.

It would be advisable 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 contact information on to the selling agent. Given that you are getting a mortgage with Clydesdale, make sure you remember to check that your lawyer is on the Clydesdale conveyancing panel.

I need some quick conveyancing in Sprotbrough as I am under pressure to exchange contracts within one month. Thankfully I do not require a mortgage. Can I decline from having conveyancing searches to save money and time?

As you are not getting a home loan you are at free not to do searches although no lawyer would recommend that you don't. Drawing on years of experience of conveyancing in Sprotbrough the following are instances of what can appear and therefore affect market value: Enforcement Notices, Outstanding Fees, Overdue Grants, Railway Schemes,...

I'm purchasing a new build house in Sprotbrough benefiting from help to buy. The builders would not reduce the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not to tell my conveyancer about this side-deal as it may impact my mortgage with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.