Is there a search tool that I can utilise to find out if the solicitor carrying out my conveyancing in West Brompton is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Skipton Building Society thus paying £175.00 in supplemental legal charges.
Please do make use of the search tool on this site. Please choose the mortgage company and type ‘West Brompton’ or your location and you will be presented with a number of lawyer offices in West Brompton or by proximity to you.
I am the only beneficiary of my late mum's will and I have everything in my name now, including the my former home in West Brompton. The West Brompton property was put into my name in December. I plan to dispose of the property. I do know about the CML 6 month 'rule', which means that my property ownership may be treated the same way as if I'd bought the property in December. Will no one buy the property for half a year?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. Some lenders would take a pragmatic view as this provision is principally there to capture subsales or the flipping of properties.
is it true that all West Brompton solicitor practices on the Bank of Ireland conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Bank of Ireland approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. Some lenders do list licenced conveyancers on their panel and in such a situation the organisation would be governed by the Council of Licensed Conveyancers.
After months of negotiation I have agreed a price on an apartment in West Brompton. My mortgage broker recommended their conveyancers. I paid an on account payment of £200. A couple of days later, the solicitor contacted me embarrassingly acknowledging that they were not on the TSB conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the TSB panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
It has been 3 months since my purchase conveyancing in West Brompton completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am buying a new build flat in West Brompton. Conveyancing is necessary evil 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 conveyancing.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in West Brompton
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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 the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I am looking into buying my first house which is in West Brompton and I am already nervous. I couldn't find anything specific about West Brompton. Conveyancing will be needed in due course but do you know about the West Brompton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at West Brompton. In the meantime here are some basic statistics that we found
My conveyancer in West Brompton has requested from me identification documents stating that this is part of his obligations as a solicitor on the bank Solicitor panel. This is news to me - can I refuse?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the lender. This is not specific to conveyancing in West Brompton