What does my ID and proof of funds have anything to do with my conveyancing in Hindley? Is this really warranted?
Hindley conveyancing solicitors as well as nationwide property practitioners accross the UK have a duty under Anti-terror and anti-money-laundering rules to verify the ID of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to produce two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and evidence of address (typically a Bank Statement less than 3 months old).
Proof of the origin of funds is also necessary under the money laundering statutes as lawyers are duty bound to ensure that the monies you are utilising to purchase a property (whether it be the deposit for exchange or the total purchase price where you are a cash purchaser) has come from legitimate source (such as an inheritance) and is not the fruits of criminal behaviour.
My bank has recommended a law firm on their panel based in Hindley but I would rather use a conveyancing lawyer in Hindley or nearer to where I live. Are you able to help?
It is by no means the case that all Hindley conveyancing firms are approved and listed on all banks conveyancing panel. Use the above search tool to locate a Hindley conveyancing conveyancer on the on the bank panel.
Are all Hindley Conveyancing Quality Solicitors on the HSBC conveyancing list of approved practices?
A selection of banks and building societies now use CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
How can we know in advance if a Hindley conveyancing solicitor on the Virgin Money panel is any good?
When it comes to conveyancing in Hindley getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor conducting your conveyancing.
I had a mortgage agreed in principle with Virgin Money. Hindley conveyancing solicitors have been chosen. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
There is no definitive answer here. Have Virgin Money conducted the survey? Have you advised Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Do I need to pay for insurance to protect me from financial exposure to chancel repairs when purchasing a house in Hindley?
Unless a prior acquisition of the property took place post 12 October 2013 you may assume that lawyers conducting conveyancing in Hindley to continue to advocate a chancel search and or chancel repair liability policy.
My wife and I may need to let out our Hindley garden flat for a while due to a career opportunity. We used a Hindley conveyancing practice in 2002 but they have since shut and we did not think at the time seek any advice as to whether the lease allows us to sublet. How do we find out?
Notwithstanding that your previous Hindley conveyancing lawyer is not available you can check your lease to check if it allows you to sublet the premises. The accepted inference is that if the lease is non-specific, subletting is permitted. Quite often there is a prerequisite that you need to seek consent from your landlord or some other party in advance of subletting. This means you not allowed to sublet without first obtaining permission. The consent is not allowed to be unreasonably refused ore delayed. If the lease does not allow you to sublet you will need to ask your landlord if they are willing to waive this restriction.
I acquired a leasehold flat in Hindley, conveyancing was carried out in 2006. Can you work out an approximate cost of a lease extension? Comparable properties in Hindley with over 90 years remaining are worth £186,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease comes to an end on 21st October 2076
With only 52 years remaining on your lease we estimate the price of your lease extension to span between £29,500 and £34,000 plus legals.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.
We are about to acquiring a home in Hindley. Can our conveyancing practitioner keep our purchase price private from sites such as Zoopla. How could this be achieved ?
The Land Registry by statute are obliged to disclose price sold information on a register of the title for domestic properties countrywide which includes premises in Hindley. The Title Register is an open document, so HM Land Registry would be breaching their statutory obligations excluded specific homes such as the one in Hindley.
In essence you can make a request of HM Land Registry to withhold the amount paid data but the answer would be in the negative.