I plan on buying a flat in Ashton In Makerfield. My property lawyer is not on the lender conveyancing panel. Is it possible for me to continue with my Ashton In Makerfield conveyancing solicitor notwithstanding that they are not on the mortgage company list of approved lawyers?
You have a number of choices open to you here
- Complete the purchase with your chosen Ashton In Makerfield conveyancing practitioner but your bank will need to use a lawyer on their conveyancing panel. The net result is additional fees together with probable interruption.
- Get a fresh conveyancer to conduct the conveyancing, obviously checking they are on the lender conveyancing panel.
- Convince your solicitor to pull out all the stops to get accepted on the mortgage company conveyancing panel
What does my ID and proof of funds have anything to do with my conveyancing in Ashton In Makerfield? Why is this being asked of me?
In order to comply with Money Laundering Regulations any Ashton In Makerfield conveyancing firm will require proof of identity in all conveyancing transactions. This is normally satisfied by provision of a passport and an original bank statement or utility bill showing where you live.
In accordance with Money Laundering Regulations, conveyancers are duty bound to validate not just the ID of conveyancing clients but also the source of fund that they receive in respect of any matter. Refusal to disclose this will result in your conveyancer ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to notify the relevant authorities should they believe that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
About to purchase a new build flat in Ashton In Makerfield. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Ashton In Makerfield
There must be mutual enforceability of lessee’s covenants. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please confirm the Lease plans are surveyor prepared. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Due to the input of my in-laws I had a survey completed on a property in Ashton In Makerfield ahead of appointing conveyancers. I have been told that there is a flying freehold aspect to the house. My surveyor advised that some mortgage companies will not give a loan on this type of property.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. If you call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Ashton In Makerfield. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the will of my uncle I am disposing of a property in Monmouth but I am based in Ashton In Makerfield. My conveyancer (who is 235 kilometers awayhas requested that I execute a stat dec ahead of completion. Can you recommend a conveyancing solicitor in Ashton In Makerfield who can witness this legal document for me?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are Ashton In Makerfield based
Do online conveyancing companies do everything a high street Ashton In Makerfield solicitor does or do I still need to use a solicitor for the final stages for my conveyancing in Ashton In Makerfield?
If you use an online conveyancer they should cover all the things your Ashton In Makerfield solicitor will cover.