We are nearing an exchange on a house in Cradley Heath and my parents have transferred the 10% deposit to my lawyer. I am now advised that as the deposit has been sent from someone other than me my lawyer needs to disclose this 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 advised the bank about my parents' contribution when I applied for the home loan, so is it really appropriate for this now to hold matters up?

Your lawyer is duty bound to check with lender to ensure that they know that the balance of the purchase price is not from your own funds. The solicitor can only disclose this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.

I purchased a freehold residence in Cradley Heath but still invoiced for rent, why is this and what is this?

It is rare for properties in Cradley Heath and has limited impact for conveyancing in Cradley Heath 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 hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.

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

Have just purchased a repossessed house at auction in Cradley Heath. Conveyancing is needed. What are my next steps?

Now that you are to all intents and purposes signed on the dotted line you should hire the services of a conveyancing practitioner as a matter of urgency as you are faced with a tight deadline in which to complete the property. All auction property will have a corresponding auction set of papers. This will include most,if not all of the paperwork that your lawyer will need. In the case of leasehold premises the legal pack should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to leasehold premises. You need to hand this to your appointed conveyancing solicitor ASAP. You also need to ensure that you have funds in place to complete the transaction on the set completion date.

We are due to move home in January. Should my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you suggest a removal company in Cradley Heath. Conveyancing lawyer was found before I stumbled across your page.

On the day of completion you will need to collect the keys from the property agent but this can only be done after the vendors solicitors advise the agent that the monies to complete are in and the keys can be collected. You can tell the removal company that you are ready to move in. As a matter of policy we do not suggest a specific removal company but can help you choose a residential property solicitor in Cradley Heath or a firm that specialises in conveyancing in Cradley Heath.

My husband and I are in the throws of viewing flats in Cradley Heath and I am now considering a potential offer. Is it too early to have a solicitor in place? I intend to finance via a mortgage with Co-operative.

You should start obtaining conveyancing quotes from solicitors ASAP. 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 EA. Given that you are obtaining a mortgage with Co-operative, ask your prospective lawyers if they are on the Co-operative conveyancing panel otherwise they can't do the mortgage legal work.

Over the last few months I have been searching for a ground for flat up to £235,500 and identified one near me in Cradley Heath I like with amenity areas and transport links in the vicinity, the downside is that it only has 51 years on the lease. There is not much else in Cradley Heath suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you need a home loan that many years will be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.

What is different about your site and other online quote calculators when it comes to conveyancing in Cradley Heath?

At this site secure a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Cradley Heath. Unlike many estate agents and many comparison sites we do not operate commission deals with solicitors. A large number of agents and online brokers 'recommend' solicitors who pay the most per referral, rather than the best value conveyancing in Cradley Heath