My partner and I are getting closer to an exchange on a flat in Chiswick and my mum and dad have sent the 10% deposit to my lawyer. I am now informed that as the deposit has been received from someone other than me my conveyancing practitioner needs to disclose this to my bank. 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 informed the mortgage company about my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The solicitor is obliged to check with lender to ensure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
My aunt passed away last year and as sole heir and executor I was left the property in Chiswick. The house had a relatively small loan remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to RBS, pay off the mortgage. Is this allowed?
Given you intend to refinance then RBS will require that you use a conveyancer on the RBS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your RBS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the RBS mortgage is registered as a charge at the Land Registry.
There is lots of here concerning conveyancing in Chiswick but can you isolate your top tip for finding the right conveyancer in Chiswick
Do not opt for the lowest Chiswick conveyancing fees. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
Have just purchased a repossessed house at auction in Chiswick. Conveyancing is required. What are my next steps?
Now that you have legally bound yourself to purchase you should appoint a conveyancing practitioner soon as you will have a fast approaching a drop dead date to complete the purchase. Every auction property will ordinarily have an associated auction set of papers. This should include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the auction pack should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to leasehold premises. You must hand this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that that you have the requisite funding in place to complete the transaction on the set completion date.
I am purchasing a end of terrace house in Chiswick. We would like to an extension at the rear at the house.Will legal investigations on the property involve enquiries to see if these works are permitted?
Your conveyancer will check the registered title as conveyancing in Chiswick can on occasion reveal restrictions in the title deeds which prohibit categories of alterations or require the consent of another owner. Some extensions require local authority planning permissions and approval in accordance building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Chiswick is the location of the property. Is there any guidance you can impart?
Flying freeholds in Chiswick are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chiswick you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chiswick may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My company is looking to lease a unit on the high street. Can you recommend conveyancers offering no-move-no costs for non-domestic conveyancing in Chiswick for less than £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Chiswick, including the disposal and acquisition of businesses as well as simply property. Whether you are intending to purchase or sell a shop, pub, restaurant, office, retail premises or a complete business we can find you the right firm. Regarding the costs this will depend on the structure and terms of the deal. Let us have your details or call so as to enable us to supply you with a detailed commercial conveyancing quote.
In surfing the world wide web for the phrase cheap conveyancing in Chiswick it brings up many property lawyerslocally. How do I determine which is the suitable solicitor for purchase transaction?
The preferential way of finding the right conveyancer is via personal testimonial, so ask friends and relatives who have bought a property in Chiswick or the reputable estate agent or mortgage broker. Costs for conveyancing in Chiswick vary, so it's a good idea to secure at least four costs illustrations from varying types of property lawyers. Be sure to seek confirmation that the fees are fixed.