My partner and I are nearing an exchange on a property in South Harrow and my parents have sent the exchange deposit to my conveyancer. I am now told that as the deposit has not arrived from me my conveyancer needs to make a notification to my lender. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I informed the bank concerning my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
The conveyancer is legally required to clarify with the bank to ensure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only report this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
Our lender has recommended solicitors on their panel based in South Harrow but I would rather instruct a conveyancing lawyer in South Harrow or nearer to where I live. Can you assist?
Not all South Harrow conveyancing practitioners are approved and listed on all banks conveyancing panel. Use the above search tool to find a South Harrow conveyancing solicitor on the on the bank panel.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The lawyers who conducted the conveyancing in South Harrow 5 years ago are no longer around. Will I be able to sell the house?
Assuming the title is registered the information relating to your ownership will be retained by HMLR under a Title Number. It is possible to perform a search at the Land Registry, identify your house and obtain current copies of the property title for less than a fiver. Where the title is Leasehold then the Land Registry will also normally hold a file duplicate of the Registered Lease and again, a copy can be obtained for a small fee.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in two weeks back in what should have been a straight forward, chain free conveyancing. South Harrow is where the house is located. What do you suggest?
Flying freeholds in South Harrow are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in South Harrow you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in South Harrow 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.
Should I appoint a South Harrow conveyancing solicitor who is local to the property I am purchasing? We have a good friend who can execute the legal work however his firm is located 400miles away.
The benefit of a high street South Harrow conveyancing firm is that you can drop in to sign documents, hand in your ID and pester them if necessary. Having local South Harrow know how is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust instructed your friend and they were impressed that should surpass using an unknown South Harrow conveyancing lawyer just because they are South Harrow based.
Whilst your website is a good idea there are many lawyers listed near South Harrow being on the mortgage company conveyancing panel. Can you recommend a specific firm on the conveyancing panel for our bank?
We are not in the business of recommending one firm above another as the right South Harrow conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with South Harrow knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..