We are getting closer to an exchange on a property in North Yorkshire and my parents have transferred the 10% deposit to my . I am now told that as the deposit has been sent from someone other than me my needs to make a notification to my bank. Apparently, in also acting for the mortgage company he must advise them that the balance of the purchase price is not just from me. I informed the lender about my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?

Your is legally required to check with mortgage company to ensure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only reveal this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.

I am buying a end of terrace house in North Yorkshire. We would like to carry out an extension to the side at the house.Will the conveyancing process include enquiries to ascertain if these alterations are prohibited?

Your conveyancer should check the registered title as conveyancing in North Yorkshire can sometimes reveal restrictions in the title deeds which prevent certain works or necessitated the permission of a 3rd party. Some additions call for local authority planning consent and approval in accordance building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be prudent to check these things with a surveyor before you commit yourself to a purchase.

I'm in the process of looking at houses in North Yorkshire and I am about to put in an 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 pass their details on to the EA. Given that you are getting a mortgage with , make sure you remember to check that your lawyer is on the conveyancing panel.

have agreed my mortgage in principle, my offer on a property in North Yorkshire has been accepted, now what?

Your property agent will want to know who your solicitors are (ensure that the are on the bank’s panel). Call up or your financial adviser and finish off any relevant documentation. will appoint a valuer who will get in touch with the estate agent or seller to book a slot for the valuation to take place. Once conducted (assuming no problems) it takes approximately a week for the mortgage offer to be issued. will issue the offer to you and your . The legal work will then take it’s course according the nature and complexity of the conveyancing in North Yorkshire.

I am purchasing a new build house in North Yorkshire benefiting from help to buy. The builders refused to reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not reveal to my lawyer about this side-deal as it could affect my loan with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer 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.

We're FTB’s - agreed a price, yet the property agent has warned us that the seller will only proceed if we appoint their preferred conveyancers as they want an ‘expedited deal’. Our preferred option is to instruct a high street solicitor with experience of conveyancing in North Yorkshire

We suspect that the owner is not behind this request. Should the vendor require ‘a quick sale', taking such a hostile approach to a motivated buyer is not the way to achieve this. Avoid the agents and go straight to the sellers and make sure they comprehend that (a)you are genuine buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)however you intend to instruct your preferred North Yorkshire conveyancing firm - as opposed tothe ones that will earn their negotiator at the agency a commission or meet his conveyancing targets demanded by senior management.

My wife and I have agreed a price on a North Yorkshire bungalow we inherited six years ago in 2009. I have over twenty years conveyancing know-how and, although retired, intend to carry out my own conveyancing. The purchaser's has informed me that their building society will not allow to do our own conveyancing requiring the funds to be sent to a solicitor's bank account.

Mortgage instructions to from all mainstream lenders specify that If the seller does not have legal representation the buyer’s lawyers should check whether the bank needs to be informed so that a decision can be reached if they are willing to progress.