What does my ID and proof of funds have anything to do with my conveyancing in Aylesbury? What am I being asked for?
Anti-terror and anti-money-laundering rules 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 business. The Terms of Engagement that you need to sign will no doubt stipulate this. Your lender will also require certain documents to be viewed. Where you are unwilling to hand over ID verification documents, your conveyancer can not take you on as a client.
We just had an offer accepted to purchase with Loughborough BS. We have called around locally yet am struggling to find a Aylesbury conveyancing firm on the Loughborough BS approved list. Could you help?
Please do make use of the find a conveyancing panel solicitor tool on this site. Please choose the building society and type Aylesbury or your preferred area and you will be presented with numerous conveyancers located in Aylesbury or by proximity to you.
Is it the case that all Aylesbury conveyancing solicitors on the Virgin Money conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Virgin Money conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. The majority of banks do permit licenced conveyancers on their panel in which case such practice would be governed by the Council of Licensed Conveyancers.
I currently have a mortgage with RBS for my property in Aylesbury. Conveyancing was finalised 12 months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform RBS?
You must advise RBS before renting your property as this is likely to be a breach of RBS’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact RBS directly. You need not do this via a RBS conveyancing panel firm.
My offer was accepted on an apartment in Aylesbury on 24/5/2024, valuation was booked five days after, received a clean bill of health. Solicitor retained, so all that was missing was my mortgage offer. Having made daily calls to HSBC and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the HSBC conveyancing panel. Are HSBC entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for HSBC to deal with your lawyer's application to be on the HSBC conveyancing panel. There's no guarantee that your solicitor will be accepted.
I used Action Conveyancing several years ago for my conveyancing in Aylesbury. Now, I need the documents however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Aylesbury of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Just had an offer accepted on a new build apartment in Aylesbury. Conveyancing is a frightening process 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 legal work.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Aylesbury
-
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
My husband and I are first time buyers - agreed a price, but the property agent advised that the seller will only go ahead if we use the agent's chosen lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a local solicitor with experience of conveyancing in Aylesbury
We suspect that the seller is unaware of this request. Should the vendor require ‘a quick sale', turning down a serious buyer is likely to cause more damage than good. Speak to the vendors direct and explain that (a)you are genuine buyers (b)you are excited to move forward, with finances arranged © you do not need to sell (d) you wish to move quickly (e)but you are going to use your own,trusted Aylesbury conveyancing lawyers - rather thanthose that will provide their estate agent a kickback or achieve conveyancing targets demanded by senior management.