In what way does my ID and proof of funds have anything to do with my conveyancing in Belsize Park? Why is this being asked of me?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Belsize Park. Nowadays you will not be able to complete any conveyancing deal if you have not providing proof of your identity. This usually takes the form of a either your passport or driving licence plus a council tax bill. Please note that if you are supplying your driving licence as proof of ID it must be both the paper section and photo card part, one is not acceptable in the absence of the other.
Verification of the source of monies is mandated in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your lawyer will need to have this information on record. Your Belsize Park conveyancing lawyer will require evidence of proof of funds prior to accepting any monies from you into their client account and they should also ask additional queries regarding the source of funds.
About to place a bid on a leasehold apartment in Belsize Park. The property agents advise that it is the norm for flats in Belsize Park to have less than 75 years remaining. I am obtaining a mortgage with Accord Mortgages. Is this going to be acceptable if the lease has 72 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 11/7/2019 the requirements read as follows :
It has been three months following my purchase conveyancing in Belsize Park took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Is it possible to switch conveyancer as I need to find one who is on the National Westminster Bank conveyancing panel. I had appointed a family conveyancing solicitor in Belsize Park five minutes from me but she is not accepted by National Westminster Bank
We will our best to assist in finding you a conveyancing solicitor in Belsize Park on the National Westminster Bank panel. Please note that the property lawyers that we work with do not pay us fee if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Belsize Park. Using the find a conveyancing solicitor tool on this page, you can compare charges for conveyancing solicitors in Belsize Park and throughout England and Wales.
We're first time buyers - agreed a price, but the selling agent informed us that the seller will only issue a contract if we appoint the agent's preferred lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a family conveyancer with experience of conveyancing in Belsize Park
It is improbable the owners are driving this. Should the seller desire ‘a quick sale', turning down a motivated buyer is counter productive. Try to communicate with the sellers directly and make the point that (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)however you intend to use your own,trusted Belsize Park conveyancing solicitors - not the ones that will provide the estate agent a kickback or achieve conveyancing thresholds set by corporate headquarters.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the mortgage company conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the lender solicitor panel.