My husband and I are getting closer to an exchange on a house in Twickenham Park and my parents have sent the exchange deposit to my lawyer. I am now told that as the deposit has been received from someone other than me my property lawyer needs to disclose this to my mortgage company. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I advised the bank regarding my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
The conveyancing practitioner is duty bound to clarify with mortgage company to ensure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only disclose this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
What is the first thing I need to know about purchase conveyancing in Twickenham Park?
You may not hear this from too many lawyers but conveyancing in Twickenham Park or throughout South West London is an adversarial experience. In other words, when it comes to conveyancing there is plenty of room for conflict between you and other parties involved in the home moving process. For instance, the seller, estate agent and sometimes your mortgage company. Selecting a lawyer for your conveyancing in Twickenham Park should not be taken lightly as your conveyancer is your adviser, and is the ONLY person in the process whose interest is to protect your best interests and to protect you.
On occasion a potential adversary may attempt to convince you that you should follow their advice. For instance, the selling agent may claim to be assisting by suggesting your solicitor is slow. Or your financial adviser may advise you to do something that is contrary to your lawyers advice. You should always trust your lawyer above all other parties in the conveyancing process.
Are the BSA planning on creating a searchable register to to identify solicitors on the Norwich and Peterborough Building Society conveyancing panel for example in Twickenham Park?
We are not aware of any intention on the part of the BSA to promote such a tool.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Twickenham Park?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Twickenham Park. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Is it possible to transfer to a new firm as I need to choose a firm on the Barclays conveyancing list. I had appointed a family conveyancing solicitor in Twickenham Park five minutes from me but he is not approved by Barclays
It would be our pleasure to help you find a conveyancing solicitor in Twickenham Park on the Barclays panel. Please note that the law firms that we list do not pay us fee if you instruct them and are registered with the SRA who regulate all conveyancing solicitors in Twickenham Park. Using the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Twickenham Park.
My uncle has urged me to instruct his conveyancers in Twickenham Park. Should I choose my own property lawyer?
There are no two ways about it the ideal way to choose a conveyancing practitioner is to have recommendations from friends or relatives who have actually experience in using the firm that you are are thinking of instructing.