What does my ID and proof of funds have anything to do with my conveyancing in Connahs Quay? What am I being asked for?
Connahs Quay conveyancing solicitors as well as nationwide property lawyers accross the UK have an obligation under Anti-terror and anti-money-laundering rules to verify the ID of any client in order to ensure that clients are who they say they are.
Conveyancing clients will need to provide two forms of certified identification; proof of ID (usually a Passport or Driving Licence) and proof of address (typically a Bank Statement less than 3 months old).
Proof of source of monies is also required under the money laundering laws as lawyers are duty bound to investigate that the funds you are using to acquire a property (be it the exchange deposit or the full purchase monies where you are a cash purchaser) has originated from legitimate source (such as employment savings) and is not the fruits of criminal activity.
My wife and I have recently appointed a conveyancing solicitor in Connahs Quay. I I would like to check whether they are accepted on the Chelsea Building Society approved list of lawyers. Can you or the lender confirm if they are on the panel?
The first thing you should do is call the conveyancer and enquire if they are on the lender panel. Otherwise please get in touch with Chelsea Building Society who may be able to confirm.
This question may be naive but I am new to the home moving as a 1st time purchaser of a garden flat in Connahs Quay. Do I pick up the keys to the premises on completion from my solicitor? If so, I will instruct a local conveyancing solicitor in Connahs Quay?
On the day of completion you will not be required to attend the conveyancers office in Connahs Quay. Your solicitors will arrange to send the purchase money to the owner’s conveyancers, and shortly after the monies have arrived, you should be invited to receive the keys from the selling Agents and move into your new home. Usually this occurs between 1 and 3pm.
Completion of my remortgage has taken place for my property in Connahs Quay. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
Planning on purchasing a flat in Connahs Quay. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Yorkshire BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Connahs Quay conveyancing practitioner is on the Yorkshire BS conveyancing panel.
I have recentlybeen informed that Wolstenholmes have been shut down. They carried out my conveyancing in Connahs Quay for a purchase of a freehold house 12 months ago. How can I check that the property is not still registered in the name of the former proprietor?
The quickest method to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Connahs Quay conveyancing specialists.
I am intending to let out my leasehold apartment in Connahs Quay. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for their consent?
Notwithstanding that your last Connahs Quay conveyancing lawyer is no longer available you can check your lease to see if it allows you to sublet the premises. The rule is that if the lease is silent, subletting is allowed. There may be a precondition that you are obliged to obtain permission from your landlord or other appropriate person before subletting. The net result is that you cannot sublet in the absence of prior permission. The consent must not not be unreasonably withheld. If your lease prohibits you from letting out the property you should ask your landlord for their consent.
I am the registered owner of a split level flat in Connahs Quay, conveyancing having been completed half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Connahs Quay with a long lease are worth £265,000. The ground rent is £50 charged once a year. The lease comes to an end on 21st October 2095
You have 75 years left to run the likely cost is going to span between £8,600 and £9,800 plus professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more detailed investigations. You should not use this information in tribunal or court proceedings. There may be other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.
I have been looking for Connahs Quay competitive conveyancing fees. Can I be sure that all the Connahs Quay practices that are identified on your website are on the lender conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have assured us via an online form that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the lender panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific Connahs Quay firm being on the bank conveyancing panel is not accurate.