What does my ID and proof of funds have anything to do with my conveyancing in Camberwell? Why is this being asked of me?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with prior to agreeing to accepting their conveyancing retainer. The Terms of Engagement that you are required to sign will no doubt reaffirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. If you are unwilling to hand over ID verification documents, your conveyancer would not be able to act for you.
Our mortgage company has suggested a law firm on their panel based in Camberwell but I would rather instruct a conveyancing lawyer in Camberwell or nearer to where I live. Can you help?
The minority of Camberwell conveyancing practices are listed all lender’s conveyancing panel. Use our search tool to find a Camberwell conveyancing conveyancer on the on the lender panel.
What is the difference between a licensed conveyancer and conveyancing solicitor in Camberwell
Two types of professional can execute conveyancing in Camberwell namely licenced conveyancers or solicitors. The two can handle conveyancing services that required to complete the disposal or acquisition of property. Both are duty bound to carry out Camberwell conveyancing to the same standards and guidelines so you can be sure that your conveyancing will be properly administered and that the requisite steps should be appropriately adhered to.
We previously instructed solicitors with offices in Camberwell on the Principality solicitor panel. They have just billed me a further sum for handling the Principality mortgage. Is this a supplemental conveyancing fee set by Principality?
Unfortunately, so long as it is in their Terms and Conditions or Quote then yes your lawyer can levy a fee for this. This charge is not dictated by Principality but by your Camberwell solicitor. Some firms on the Principality panel will quote ’dealing with mortgage’ fee but many practices include it on their overall fee.
I had an offer accepted on a property in Camberwell on 30/1/2019, valuation was booked 3 days after, all came back fine. Property lawyer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Coventry BS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Coventry BS conveyancing panel. Are Coventry BS entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Coventry BS to deal with your lawyer's application to be on the Coventry BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
The deeds to my home are lost. The solicitors who dealt with the conveyancing in Camberwell 10 years ago are no longer around. What are my options?
You no longer need to hold title deeds to evidence that you are the owner of your registered land or property, given that the Land Registry hold details of all registered land or property electronically.
Due to the encouragement of my in-laws I had a survey completed on a house in Camberwell ahead of retaining lawyers. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some lenders may not give a mortgage on a flying freehold property.
It varies from the lender to lender. HSBC has different requirements from Nationwide. Should you wish to call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Camberwell. Conveyancing will be smoother if you use a solicitor in Camberwell especially if they regularly deal with such properties in Camberwell.
We are looking to acquire a repression flat in Camberwell and the mortgagee in possession would like to complete within a week. Can a property lawyer meet that timeframe? Am I best advised to select a high street Camberwell firm or an online organisation that advertises to complete quickly?
Attend your Camberwell high street. Pop in to a couple of companies and ask to see a conveyancing solicitor for a quote. Explain your requirements and get a commitment on time frames. Appoint the firm that comes across as most trustworthy. Make sure to use a conveyancer on the list of property lawyers who can act for your mortgage company.