My IFA says he needs my Chislehurst solicitor’s panel member for the Santander conveyancing panel. What is the best way to obtain this. I have called my local Chislehurst branch but they have not responded to me.
Have you tried speaking to your Chislehurst lawyer about this?. Most Chislehurst law firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
In what way does my ID and proof of funds have anything to do with my conveyancing in Chislehurst? Why is this being asked of me?
Chislehurst conveyancing solicitors as well as nationwide property practitioners throughout the UK have a duty under Anti-terror and anti-money-laundering rules to check the ID of any client with a view to ensure that clients are who they say they are.
Conveyancing clients are required to disclose 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).
Confirmation of source of monies is also necessary under the money laundering regulations as lawyers are required to check that the monies you are using to buy a property (whether it be the deposit for exchange or the total purchase amount where you are buying without a mortgage) has come from legitimate source (such as an inheritance) and is not the product of illegitimate activity.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Chislehurst?
There are two types of lawyers who can carry out conveyancing in Chislehurst namely licenced conveyancers or solicitors. The two can provide the legal services that you need to complete the sale or acquisition of property. Both are duty bound to handle Chislehurst conveyancing to the same quality and guidelines so you may be safe in the knowledge that your conveyancing will be properly administered and that the necessary steps should be correctly followed.
A friend informed me that in purchasing a property in Chislehurst there may be various restrictions as to what one can do in terms of external alterations to a property. Is this right?
We are aware of anumerous of properties in Chislehurst which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Chislehurst should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I can not work out if my lender requires a lease extension. I have called into my local Chislehurst bank branch on numerous occasions and was reassured it wasn't an issue and they would lend. My Chislehurst conveyancing solicitor - who is on the lender conveyancing panel- called to say that they refuse to lend based on their published requirements. Who do I believe?
As long as the property lawyer is on the lender panel, she or he must comply with the CML Handbook conditions for the lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
A friend advised me that where I am purchasing in Chislehurst I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Chislehurst conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Chislehurst around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Chislehurst Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful data regarding Chislehurst.
How easy is it to use your search app to choose a conveyancing lawyer in Chislehurst on the approved list for my lender?
Step one is to pick a bank such as HSBC Bank, Leeds Building Society or Bank of Ireland then specify your preferred area e.g. Chislehurst. Conveyancing organisations in Chislehurst and across England and Wales will then be shown.
We recently discovered that one of the directors of the conveyancing practice undertaking the purchase conveyancing in Chislehurst is related to the vendor. Is this permitted?
On the basis that there is no conflict of interest this is allowable. Where you are needing a mortgage then the lender may have a say as many banks have specific requirements concerning this. For example for Coventry Building Society as of 25/7/2024, the requirements read as follows :