I selected a local solicitor for our conveyancing in Battle yesterday. After carefully reading the terms of engagement it is apparent thatwe are liable for costs even where the transaction does not complete. Should I ditch them and instruct an on-line firm promising no completion no cost conveyancing in Battle?
Generally there is a concession along the lines that if "No Sale No Fee" is advertised then the conveyancing charges will tend to be be more expensive to offset those conveyances that fail to complete. Also remember that such promotions rarely protect you from expenses for example Battle conveyancing search fees.
Please could you vouch for a Santander approved Battle conveyancing firm that can complete within 28 days? Am I best advised to go for a high street Battle solicitor or an internet firm?
We would be happy to suggest some excellent Battle conveyancing firms. Another option is to visit the high street in Battle. Go in to a couple of law practices and ask to see a conveyancing solicitor for a costs illustration. Mention your expectations together with your reasons and ask for an assurance on your deadline. Appoint the lawyer that appears most efficient.
In what way does my ID and proof of funds have anything to do with my conveyancing in Battle? What am I being asked for?
To satisfy the Money Laundering Regulations any Battle conveyancing firm will require evidence of your identity in all conveyancing matters. This is usually satisfied by provision of a passport and an original bank statement or utility account evidencing your correct address.
Under Money Laundering Regulations, property lawyers are required to investigate not simply the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. An unwillingness to disclose this will lead to your lawyer terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to make a disclosure to the appropriate authorities should they consider that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
I am buying a right to buy a flat in Battle. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Battle you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Battle.
Please help - my lawyer says that flying freehold insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Battle?
The appropriate level of flying freehold indemnity insurance should be dictated by who who your lender is. It would differ for example between Halifax and Norwich and Peterborough Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.
When it comes to mortgage companies such as Leeds Building Society, do Battle property lawyers face a fee to be on the conveyancing panel?
We are not aware of any mortgage company fees to be on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
I am purchasing a property in Battle. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Yorkshire BS be concerned?
Given that you are obtaining a mortgage with Yorkshire BS your lawyer must follow the conveyancing requirements set out in Section two of UK Finance Lenders’ Handbook for Yorkshire BS. The CML Handbook sets out minimum requirements for solar panel roof-space leases, and conveyancers are required to report to Yorkshire BS where a lease fails to satisfy these specifications. The specifications relate to the installation of panels on properties nationwide and is not isolated to Battle.
Me and my brother purchased a renovated Edwardian property in Battle. Conveyancing lawyer represented me and Virgin Money. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Battle and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with the conveyancing solicitor who conducted the purchase.