My partner and I are nearing an exchange on a house in Stockwood and my mum and dad have sent the exchange deposit to my . I am now advised that as the deposit has been sent from someone other than me my needs to disclose this to my mortgage company. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I disclosed to the bank concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?

Your is legally required to check with mortgage company to make sure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only notify this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.

I'm the sole beneficiary of my late mum's estate and I have everything in my name now, including the house in Stockwood. Conveyancing formalities meant that the Land Registry date was in . I want to move. I understand that there is a CML six month 'rule', which means that my proprietorship could be considered the same way as though I had purchased the house in . Do I have to wait 6 months to sell?

The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be affected by that. How practical a view mortgage companies take of it, depend on the bank as this obligation is primarily there to pick up on the purchase and immediately sell or the flipping of properties.

Is it the case that all Stockwood solicitor firms on the conveyancing panel are governed by the SRA?

As solicitors, in order to be on the approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. The majority of banks do permit licenced conveyancers on their panel in which case such organisation would be regulated by the CLC.

I'm spending time looking at houses in Stockwood and I am now considering a potential offer. Is it premature to have a solicitor in place? I will be getting a mortgage with .

You should start obtaining conveyancing estimates 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 forward their details on to the EA. Given that you are seeking a mortgage with , make sure you remember to check that your lawyer is on the conveyancing panel.

Should my conveyancer be raising enquiries about flooding during the conveyancing in Stockwood.

The risk of flooding is if increasing concern for conveyancers dealing with homes in Stockwood. There are those who buy a property in Stockwood, fully expectant that at some time, it may suffer from flooding. However, aside from the physical damage, if a house is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or dispose of the property. Steps can be carried out during the course of a property purchase to forewarn the purchaser.

Conveyancers are not best placed to give advice on flood risk, however there are a numerous checks that may be carried out by the purchaser or on a buyer’s behalf which can figure out the risks in Stockwood. The standard information given to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual question of the seller to discover whether the premises has suffered from flooding. In the event that the premises has been flooded in past and is not notified by the seller, then a purchaser may issue a legal claim for losses as a result of such an incorrect response. A purchaser’s lawyers will also conduct an enviro report. This should indicate if there is a recorded flood risk. If so, additional investigations should be carried out.

I am a sole trader looking to take over a lease of an office on a shopping parade. Can you recommend solicitors offering no-sale-no fees for non-domestic conveyancing in Stockwood for under 2k?

We can recommend firms who have specialist knowledge of commercial conveyancing in Stockwood, including the sale and purchase of businesses as well as simply premises. If you are hoping to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right solicitor. Regarding the costs these will vary based on the structure and terms of the deal. Please provide us with your contact information or phone so as to enable us to supply you with a detailed commercial conveyancing quote.

My fiance is purchasing a leasehold flat in Stockwood. He has received an estimate by the connected to the selling agents and it came to £1156 . It was ten years ago I sold and bought a home and the fee was £450. Have charges really gone up that much?

We would recommend that you visit 3 or 4 local Stockwood conveyancing solicitors requesting estimates. You should base your selection not only on cost, but on promptness and on how comprehensive the response is.