My husband and I are nearing an exchange on a property in West Drayton and my parents have sent the exchange deposit to my solicitor. I am now told that as the deposit has not come from me my conveyancer needs to disclose this to my bank. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is not just from me. I disclosed to the mortgage company regarding my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
The property lawyer is legally required to check with the bank to make sure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only report this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
It is a dozen years since I acquired my home in West Drayton. Conveyancing lawyers have recently been appointed on the sale but I am unable to find my deeds. Is this a major issue?
You need not be too concerned. First the deeds may be retained by the lender or they may be in the possession of the lawyers who acted in the purchase. Secondly in most cases the title will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers obtaining up to date copy of the land registers. Nearly all conveyancing in West Drayton involves registered property but in the rare situation where your home is not registered it adds to the complexity but is not insurmountable.
What is your number one tip for choosing a conveyancing solicitor in West Drayton
It would be unwise to be tempted by the lowest West Drayton conveyancing costs illustration. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in West Drayton?
There are two types of lawyers who can conduct conveyancing in West Drayton namely CLC regulated conveyancers or solicitors. The two can provide conveyancing services that required to complete the sale or purchase of property. They are both obliged to perform West Drayton conveyancing to the same standards and guidelines so you can be sure that your conveyancing will be properly conducted and that the necessary steps will be appropriately attended to.
The formalities of my purchase has taken place for my property in West Drayton. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
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 who will take matters further.
My relative suggested that where I am buying in West Drayton I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard West Drayton conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about West Drayton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful information about West Drayton.
Taking into account that I am about to part with hundreds of thousands of pounds on a garden flat in West Drayton I would like to talk to a conveyancer concerning thehome move before giving the go ahead to the firm. Can this be arranged?
We could not agree more - we would be happy to talk to you we do not take any clients on without you first talking to the lawyer due to be conducting your property ownership legalities in West Drayton.There is no ‘factory style conveyancing’ - each client is unique individual, not a file number. The practices that we put you in touch with believe that the figure you are quoted for residential conveyancing in West Drayton should be the figure that you end up paying.
How much experience do your West Drayton conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
West Drayton conveyancing lawyers help thousands of people move home every year and assisted lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique West Drayton conveyancers have worked on recent similar cases.