It has come to my attention via my IFA that my West Hampstead solicitor is not on the mortgage company Solicitor panel. How can I be sure whether this is correct?
You need to call your West Hampstead conveyancer. You lawyer should inform you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
My wife and I are getting closer to an exchange on a house in West Hampstead and my mum and dad have transferred the ten percent deposit to my conveyancer. I am now informed that as the deposit has been received from someone other than me my conveyancing practitioner needs to make a notification to my bank. Apparently, in also acting for the lender he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the lender about my parents' contribution when I applied for the mortgage, so is it really necessary for this now to delay the deal?
Your conveyancing practitioner is obliged to check with lender to make sure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only notify this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
Can your site be used to find a Conveyancing solicitor in West Hampstead even where I’m not purchasing or disposing of a house, for instance where I want to acquire a shop in West Hampstead with a mortgage from Birmingham Midshires?
Our search tool is primarily used to select domestic conveyancing solicitors in West Hampstead but we have set out towards the bottom of this page a selection of West Hampstead commercial conveyancing firms. You should make contact with the firm directly to establish if they are also authorised to represent Birmingham Midshires
The estate agent has sent us the confirmation of our purchase of a new build flat in West Hampstead. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in West Hampstead
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I opted to have a survey done on a property in West Hampstead prior to appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some banks will not issue a loan on this type of premises.
It varies from the lender to lender. Lloyds has different instructions for example to Birmingham Midshires. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in West Hampstead. Conveyancing may be slightly more expensive based on your lender's requirements.
Finally, a loan agreement from a lender for the refinancing of my 2 bedroom maisonette is due by the end of next week. Are you able to recommend a low cost remortgage conveyancing law firm in West Hampstead ?
You are on the wrong site if you are in need of the lowest fares for conveyancing solicitors in West Hampstead. Our aim is to provide excellent value conveyancing but we do not aim to work with the cheapest lawyers. Do not be fooled by companies offering low cost conveyancing in West Hampstead.In your best case scenario, in going for cheap conveyancing, you will end up with what you pay for and at worst you will end up invoiced for extras and still not get the service you were looking for.