My husband and I are nearing an exchange on a property in Hither Green and my mum and dad have sent the exchange deposit to my property lawyer. I am now informed that as the deposit has not arrived from me my conveyancing practitioner needs to disclose this to my mortgage company. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the bank about my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
Your lawyer is duty bound to check with lender to ensure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only report this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
I have an AIP. The bank mentioned the loan came with free conveyancing. Does this mean I have to instruct their panel lawyer as I would prefer to appoint a Hither Green based conveyancing firm?
Do check but the the likelihood is that give you one of their panel solicitors if you want the "fee-free" offer. Contact the lender to ask if they allow a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor near Hither Green.
Various internet forums that I have visited warn that are a common reason for hinderance in Hither Green house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances in the conveyancing process. Searches are not likely to feature in any delay in conveyancing in Hither Green.
I have todaybeen informed that Wolstenholmes have been shut down. They carried out my conveyancing in Hither Green for a purchase of a freehold house 12 months ago. How can I check that my home is not still registered in the name of the former proprietor?
The easiest way to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hither Green conveyancing specialists.
I need to instruct a conveyancing lawyer in Hither Green for my house move. Is there any facility to check a solicitor's complaints history with the legal regulator?
You may search for presented Solicitor Regulator Association (SRA) determinations arising from inquisitions started on or after Jan 2008. Visit Check a solicitor's record. To find records Pre 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training requirements.