My wife and I are only a couple days away from an exchange on a house in Bromley and my mum and dad have sent the 10% deposit to my conveyancer. I am now told that as the deposit has been received from someone other than me my conveyancer needs to disclose this to my lender. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the bank concerning my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
Your conveyancer is duty bound to check with the bank to ensure that they know that the balance of the purchase price is not from your own funds. The solicitor can only notify this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
Having sold my house in Bromley last May yet the purchaser is Skype messaging every few hours complaining that their solicitor is waiting to hear from myconveyancer. What are the post completion sale formalities following completion?
Post completion of your house sale your lawyer should deliver the transfer deeds and all supplemental paperwork to the buyer’s lawyers. Depending on the transaction, your lawyer must also send confirmation that the legal charge in favour of the lender has been redeemed to the buyers lawyers. There are no post completion procedures unique to conveyancing in Bromley.
I used Wolstenholmes a few years past for my conveyancing in Bromley. I now require my file but the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bromley of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Bromley differ for new build properties?
Most buyers of new build premises in Bromley come to us having been asked by the builder to sign contracts and commit to the purchase even before the house is finished. This is because developers in Bromley typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Bromley or who has acted in the same development.
In my capacity as executor for the estate of my aunt I am selling a house in Cardiff but reside in Bromley. My solicitor (who is 200 kilometers from mehas requested that I sign a statutory declaration prior to completion. Could you suggest a conveyancing solicitor in Bromley to attest this legal document for me?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Bromley based