My husband and I are only a couple days away from an exchange on a property in Harmondsworth and my parents have sent the exchange deposit to my solicitor. I am now advised that as the deposit has been received from someone other than me my property lawyer needs to disclose this 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 disclosed to the bank concerning my parents' contribution when I applied for the home loan, so is it really appropriate for this now to hold matters up?
The conveyancer is legally required to clarify with lender to make sure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only disclose this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
Having sold my house in Harmondsworth last January yet the purchaser is e-mailing every few hours to say her solicitor is waiting to hear from mylawyer. What should have happened following completion?
Post completion of your house sale your solicitor is duty bound to deliver the transfer deeds and all of the paperwork to the buyer’s lawyers. Where relevant, your conveyancer should also confirm that the mortgage has been paid off to the purchasers lawyers. There is unlikely to be post completion procedures specific conveyancing in Harmondsworth.
My partner and I are selling our house in Harmondsworth and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any local conveyancer would know this is not the case. It does beg the question why the buyers are using an online conveyancing firm as opposed to a conveyancing solicitor in Harmondsworth. We have lived in Harmondsworth for many years we know of no issue. Is it a good idea to get in touch with our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing solicitor already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I am buying a new build flat in Harmondsworth. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Harmondsworth
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please supply a car parking plan.
I have been advised by a couple of local selling agents in Harmondsworth to locate a conveyancer on your site. What’s the financial advantage for Estate Agents to promote your services over a competitor’s?
We refuse to make any commission for sending work our way. We found it would be just too difficult to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
In searching the world wide web for the term conveyancing in Harmondsworth it shows results of numerous conveyancerslocally. How do I determine which is the right solicitor for purchase transaction?
The best method of seeking the right conveyancer is via trusted referral, so enquire of colleagues and family who have purchased a property in Harmondsworth or the reputable estate agent or financial adviser. Fees for conveyancing in Harmondsworth vary, so it's a good idea to secure at least three fee estimates from different conveyancers. Make sure that you clarify what costs in the quote includes.