We were about to instruct a conveyancing solicitor in Stratford recommended using your comparison tool but have come across some other costs illustrations via the web seem less expensive – how come?
There are many firms of conveyancing companies advertising at first sight what seems to be cut price. You should think long and hard about how much you respect your own move to you are willing to be penny wise pound foolish concerning the standard of the legal work. Many of them accentuate a bargain quote to grab your attention but conceal supplemental costs in the small print..
My wife and I are nearing an exchange on a property in Stratford and my mum and dad have transferred the exchange deposit to my property lawyer. I am now told that as the deposit has not arrived from me my property lawyer 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 not just from me. I advised the mortgage company about my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
Your solicitor is duty bound to clarify with lender to make sure that they know that the balance of the purchase price is not from your own resources. The solicitor can only report this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
We are looking to buy a house and need a conveyancing solicitor in Stratford who is on the Virgin Money conveyancing panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Virgin Money . We don't recommend any particular firms conducting conveyancing in Stratford.
I just acquired a house at auction in Stratford. Conveyancing is necessary. What are my next steps?
Having legally committed yourself to purchase you should hire the services of a conveyancing solicitor soon as you now have a pending a drop dead date to complete the deal. Every auction property will ordinarily have a corresponding auction pack. This will include most,if not all of the documents that your conveyancer will need. Where you are dealing with leasehold premises the auction papers may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to a leasehold property. You must pass this on to your appointed conveyancing solicitor ASAP. Do make sure that you have funds in place to complete on the on the contractual date .
Forgive me if this question is silly but I am unexperienced as FTB of a garden flat in Stratford. Do I pick up the keys to the property on completion from my conveyancer? If this is the case, I will instruct a High Street conveyancing solicitor in Stratford?
On the day of completion you will not be required to attend the conveyancers office in Stratford. Your solicitors will electronically transfer the completion advance to the vendor’s lawyers, and once they have received this, you should be able to collect the keys from the Estate Agents and start moving into the property. This tends to happen early afternoon.
Two weeks ago we had a mortgage agreed in principle with Clydesdale. Stratford conveyancing practitioners are selected. How long does it take for Clydesdale to forward the offer to the solicitor?
There is no definitive answer here. Have Clydesdale conducted the valuation? Have you advised Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Various internet forums that I have frequented warn that are the primary cause of hinderance in Stratford conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances during the legal transfer of property. Local searches are unlikely to feature in any slowing down conveyancing in Stratford.
Should one as executor remove a departed person's name from the title deeds for a property in Stratford?
Where a Stratford property is jointly owned and one of the owners passes away, the name will not immediately be removed from the title deeds. It is not necessary to amend the title as in the event of a disposal your conveyancer would just be required to evidence why the joint proprietor is missing from the transfer, usually this takes the form of the probate documents.
With a view to making things smoother in the future you may arrange to have the deceased party erased from the title by applying to HM Land Registry with proof of the death. There is no land registry fee payable.