Do the conveyancing solicitors listed on your site conduct conveyancing in Bollington by way of an attended exchange?
There are a few conveyancing experts who can conduct personalised exchanges. You should contact us to obtain a fee calculation and details as to dates.
What does my ID and proof of funds have anything to do with my conveyancing in Bollington? What am I being asked for?
Bollington conveyancing solicitors as well as nationwide property lawyers throughout the UK have an obligation under money laundering regulations to verify the ID of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to provide two forms of certified ID; proof of ID (typically a Passport or Driving Licence) and proof of address (typically a Utility Bill less than 3 months old).
Proof of the origin of monies is also necessary under the money laundering laws as lawyers are duty bound to ensure that the funds you are utilising to acquire a property (whether it be the deposit for exchange or the total purchase monies if you are a cash purchaser) has originated from a reputable source (such as an inheritance) as opposed to the product of criminal activity.
Can you clarify what the consequences are if my solicitor is removed from the Yorkshire BS Conveyancing panel ahead of completing my conveyancing in Bollington?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
How does conveyancing in Bollington differ for new build properties?
Most buyers of new build residence in Bollington approach us having been asked by the developer to sign contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Bollington typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Bollington or who has acted in the same development.
In my capacity as executor for the will of my grandmother I am disposing of a residence in Neath but I am based in Bollington. My solicitor (based 260 miles from merequires that I sign a statutory declaration before completion. Could you suggest a conveyancing solicitor in Bollington to witness this legal document for me?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are based in Bollington
I have selected a Bollington conveyancing solicitor for our home move (novice purchasers) and have spotted in the terms and conditions that they are not overseen by the FCA. Am I right to be concerned or is that the norm with lawyer?
We can't see why they should be. Most conveyancer don't lend money. They should be governed by the SRA, who have stringent stipulations regulating funds sitting by them.