I am nearing an exchange on a house in Golders Green and my mum and dad have transferred the exchange deposit to my solicitor. I am now advised that as the deposit has been received from someone other than me my conveyancer 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 not just from me. I informed the mortgage company about my parents' contribution when I applied for the mortgage, so is it really necessary for this now to hold matters up?
The lawyer is legally required to clarify with mortgage company to ensure that they understand 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.
There are plenty of conveyancing solicitors in Golders Green but how do I know who I should use?
It would be unwise to be tempted by the cheapest Golders Green conveyancing quote. You really do get what you pay 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 go into the conveyancing with your eyes wide open.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Golders Green?
There are many registered licenced Conveyancers in Golders Green and Solicitor partnerships in Golders Green offering conveyancing We would stress that the two are supervised by regulatory bodies with both specialising in the legal aspects of the home buying process. The two can conduct associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I am due to exchange contracts on my flat. I had a double glazing fitted in December 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Santander are being a right pain. The Golders Green solicitor who is on the Santander conveyancing panel is recommending indemnity insurance as a solution but Santander are requiring a building regulation certificate. Why do Santander have a conveyancing panel if they don't accept advice from them?
It is probably the case that Santander have referred the matter to their valuer. The reason why Santander may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Despite weeks of looking the Title Certificate and documents to my house are lost. The conveyancers who conducted the conveyancing in Golders Green 10 years ago are no longer around. What are my options?
Nowadays there are copies made of almost everything, and your conveyancer should be aware precisely where to look for all the appropriate paperwork so you may buy or dispose of your house without any difficulty. If copies are not available, your solicitor may be able to put in place insurance or indemnities against possible claims on your property.
How does conveyancing in Golders Green differ for newly converted properties?
Most buyers of new build residence in Golders Green come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because new home sellers in Golders Green usually 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 used to new build conveyancing in Golders Green or who has acted in the same development.
I am downsizing from my home. My previous lawyers have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Golders Green if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Golders Green. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.