My West Harrow lawyer has spotted a difference when comparing the surveyor’s assumptions in the home valuation survey and what is revealed within the legal papers for the property. My solicitor says that he needs to ensure that the lender is OK with this discrepancy and is still content to lend. Is my solicitor’s approach correct?
Your lawyer must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Having invested time reading moneysavingexpert.com for an online solicitor in West Harrow, many say that I should look for a CQS kitemarked solicitor. Can you explain what CQS is?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * compliance with prudent and efficient conveyancing procedures through the scheme protocol It includes many partnerships who conduct conveyancing in West Harrow.
We are buying a 4 bedroom semi-detached house in West Harrow. The intention is to convert the garage to an office at the property.Will the conveyancing process involve enquiries to ascertain if these works are prohibited?
Your conveyancer should check the registered title as conveyancing in West Harrow can sometimes reveal restrictions in the title deeds which restrict categories of works or require the consent of another owner. Some extensions need local authority planning permissions and approval under the building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor ahead of any purchase.
Two weeks ago we had a mortgage agreed in principle with Virgin Money. West Harrow conveyancing lawyers were chosen. How long does it take for Virgin Money to issue the offer to the property lawyer?
There is no definitive answer here. Have Virgin Money completed the survey? Have you informed Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
About to purchase apartment in West Harrow. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Clydesdale conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the West Harrow property lawyer is on the Clydesdale conveyancing panel.
I require fast conveyancing in West Harrow as I am under pressure to exchange contracts within one month. A mortgage is not required. Is it possible to decline from having conveyancing searches to save fees and time?
As you are are a cash purchaser you are at liberty not to do searches although no conveyancer would recommend that you don't. Drawing on years of experience of conveyancing in West Harrow the following are examples of issues that can be revealed and therefore impact future saleability: Refused Planning Applications, Overdue Charges, Overdue Grants, Road Schemes,...
I am buying a new build apartment in West Harrow. 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 conveyancing.
Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in West Harrow
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. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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.
I am purchasing a house and cash is in place. I have provided solicitor with two separate evidence of photographic ID, bank statement, numerous utility bills. Now he requires a copy from a probate lawyer advising that the money is in order and that it has come from inheritance and not via illegitimate means.
In today’s world you will not be able to complete any West Harrow conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Proof of your source of funds is required under Money Laundering laws.