My partner and I are only a couple days away from an exchange on a flat in West London and my parents have sent the ten percent deposit to my solicitor. I am now advised that as the deposit has not come from me my conveyancer needs to disclose this to my mortgage company. I am advised that, 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 informed the lender regarding my parents' contribution when I applied for the home loan, so is it really appropriate for this now to delay the deal?
Your property lawyer is legally required to clarify with mortgage company to make sure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only notify this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
I am looking to buy a house and need a conveyancing solicitor in West London who is on the Platform Home Loans Ltd conveyancing. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Platform Home Loans Ltd in certain locations such as West London. We dont recommend any particular firm.
What is the difference between a licensed conveyancer and conveyancing solicitor in West London
There are many registered licenced Conveyancers in West London and Solicitor firms in West London to choose from We would stress that the two are supervised by regulatory bodies with both specialising in the legal work in the home buying process. Both can conduct other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
A friend advised me that in buying a property in West London there could be a number of restrictions preventing external changes to the property. Is this right?
There are anumerous of properties in West London which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in West London should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Completion of my purchase has taken place for my property in West London. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. In most cases complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
How difficult is it to change conveyancer as I need to choose one who is on the Clydesdale conveyancing list. I hired a local conveyancing solicitor in West London round the corner but the firm is not accepted by Clydesdale
It would be our pleasure to help you select a conveyancing solicitor in West London on the Clydesdale panel. Please note that the law firms that we on the directory do not pay us a referral fee if you instruct them and are under regulation of the Solicitors Regulation Authority who oversee all conveyancing solicitors in West London. In making use of the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in West London.
Can you offer any advice when it comes to finding a West London conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a conveyancer for lease extension works (regardless if they are a West London conveyancing firm) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with two or three firms including non West London conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be useful:
What volume of lease extensions have they completed in West London in the last year?
I have attempted and failed to negotiate with my landlord for a lease extension without success. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a West London conveyancing firm to assist?
Where there is a missing landlord or if there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the Leasehold Valuation Tribunal to calculate the sum to be paid.
An example of a Lease Extension decision for a West London premises is 137 & 139 Haberdasher Street in December 2013. The Tribunal determines in accordance with section 48 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 that the premium for the extended lease for each Property should be £12,350.00. This case affected 2 flats. The remaining number of years on the lease was 72.39 years.
What is the reason for my conveyancing practitioner requiring various items of ID ahead of starting selling or buying a property in West London?
West London lawyers are duty bound by the Law Society, Solicitors Regulation Authority, HMLR and current Money Laundering Regulations to record that the have checked the identity of their clients. It is also sometimes a condition of your lender if you are taking a mortgage. In addition they have to complete various forms, particularly those relating to stamp duty land tax and need to have information such as your full names, national insurance number and date of birth.