In what way does my ID and proof of funds have anything to do with my conveyancing in Abercynon? Is this really necessary?
Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to verify the identification documents of the person or body they are dealing with prior to agreeing to accepting their conveyancing instruction. The Terms of Engagement that you need to sign should reaffirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. If you refuse to provide identification documents, your conveyancer will not be able to take you on as a client.
I am close to exchanging contracts on the sale of our home in Abercynon and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. Any local lawyer would know this is not the case. For the life of me I don't know why the buyers instructed a nationwide conveyancing firm rather than a conveyancing solicitor in Abercynon. Having lived in Abercynon for 4 years we know that this is a non issue. Should we contact our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I am purchasing my first flat in Abercynon benefiting from help to buy. The developers refused to move on the amount so I negotiated 6k of additionals instead. The property agent suggested that I not reveal to my solicitor about this deal as it will impact my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold element on a house I have offered on last month in what should have been a simple, chain free conveyancing. Abercynon is where the house is located. Is there any guidance you can give?
Flying freeholds in Abercynon are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Abercynon you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Abercynon may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Hoping to buy a property located in Abercynon and I am already nervous. I couldn't find anything specific about Abercynon. Conveyancing will be needed in due course but do you know about the Abercynon area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Abercynon. In the meantime here are some basic statistics that we found
Do online conveyancing companies undertake everything a local Abercynon solicitor does or do I still need to employ a solicitor for the final stages for my conveyancing in Abercynon?
Where you use an online conveyancer they should cover all the things your Abercynon solicitor will cover.