Why would I use a Teddington conveyancing solicitors firm given that online conveyancers are so much cheaper?
To take your time to find shop around for conveyancing costs in Teddington and you should seek a competitive quote but don’t expend your energy scouring the internet for the cheapest Teddington conveyancer. Identifying the right conveyancer can mark the distinction between a smooth and a stressful move. You need to ensure that you have expert advice from a trusted conveyancer. An e-mail can never take the place of a telephone conversation and can never replicate a face to face meeting. The firms that we work with will appoint you a qualified and experienced conveyancing solicitor who can deal with your conveyancing from beginning to end, giving the sort of hand holding that you will never get with an internet conveyancer. He or She will keep you updated as to headway making sure that you are never in the dark. Should it ever be necessary to contact the firm you will be sure who you need to speak to and we'll endeavour to make sure that you are in the know.
We are only a couple days away from an exchange on a property in Teddington and my parents have transferred the ten percent deposit to my conveyancing practitioner. I am now advised that as the deposit has not come from me my lawyer needs to make a notification to my mortgage company. I am advised that, in also acting for the lender he must inform them that the balance of the purchase price is not just from me. I informed the mortgage company concerning my parents' contribution when I applied for the home loan, so is it really appropriate for this now to hold matters up?
The conveyancer is obliged to clarify with mortgage company to ensure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only report this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
What does my ID and proof of funds have anything to do with my conveyancing in Teddington? What am I being asked for?
You are right in these requests have nothing to do with conveyancing in Teddington. However these days you will not be able to proceed with any conveyancing process if you have not providing evidence of your identity. This usually takes the form of a either your passport or driving licence as well as a council tax bill. Please note that if you are providing your driving licence as proof of identification it must be both the paper element as well as the photo card part, one is not sufficient in the absence of the other.
Verification of your origin of funds is necessary under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancing solicitor must retain this information on file. Your Teddington conveyancing practitioner will need to see evidence of proof of funds prior to accepting any funds from you into their client account and they may also ask further questions regarding the source of funds.
I have an AIP. The lender mentioned the home loan came with free conveyancing. Is the implication that I have to use their panel lawyer as I would prefer to appoint a high street conveyancing solicitor in Teddington?
You should check but the chances are that give you one of their panel solicitors should you want the "fee-free" offer. Contact the lender and explore if they offer you a cash alternative. Some mortgage companies have previously offered a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near Teddington.
My fiance is buying a ground floor flat in Teddington. He was given a quote by the lawyer connected to the selling agents totaling £1250 . It was eight years ago since I sold and bought a house and the bill was £just under six hundred pounds. Have costs really gone up that much?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for example Teddington searches, land registry fees, etc)