We are due to exchange on the purchase of a house in Costessey but as a result of damage from the recent storms I have was able negotiate reparation from the owner of £2k by way of a deduction in the price. This was going to be dealt with as part of the conveyancing process but TSB are not allowing this. Should they have been approached?
Your conveyancing practitioner that is on the TSB approved list is required to disclose to TSB of any amendments to the purchase price. If you prohibit your solicitor to report the reduction to TSB then they would have to discontinue acting for you. In addition, TSB and you would have to appoint a new lawyer for your conveyancing in Costessey.
What does my ID and proof of funds have anything to do with my conveyancing in Costessey? Is this really necessary?
You are right in these requests have nothing to do with conveyancing in Costessey. However these days you will not be able to complete any conveyancing process if you have not submitting proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a bank statement. Please note that if you are supplying your driving licence as proof of ID it must be both the paper section as well as the photo card part, one is not sufficient without the other.
Evidence of your source of monies is required under Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancing solicitor will need to have this information on file. Your Costessey conveyancing practitioner will need to see evidence of proof of funds prior to accepting any monies from you into their client account and they should also ask further queries regarding the origin of funds.
We wanted to use a conveyancing solicitor in Costessey for our house move. Our broker informed us that our mortgage company TSB won't deal with them. Why is this not regarded as unduly restrictive?
A mortgage company can direct that a panel conveyancer act for it. Borrowers are liable to bear the charges for this. Do use our search facility to choose a solicitor to carry conveyancing in Costessey on the TSB approved list of solicitors.
Just acquired a detached house in Costessey , how long will it take for the Land Registry to record my title? My Costessey conveyancing solicitor has been very slow, so I want to check that my ownership is registered.
As far as conveyancing in Costessey registration is no faster or slower than the rest of England and Wales. Rather than based on location, timeframes can vary depending on the party submitting the application, whether there are errors and if the Land registry have to notify any other parties. As of today approximately 80% of submission are completed in less than three weeks but some can be subject to longer delays. Historically registration occurs after the new owner has moved in to the premises thus registration formalities is not always an essential issue yet where it is urgent that the the registration takes place urgently then you or your lawyers can communicate with the Registry to express the reasoning for the application to be prioritised.
My business partner and I are intending to take over a lease of a shop on a shopping parade. Can you recommend conveyancers offering competitive fees for commercial conveyancing in Costessey for less than 2k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Costessey, including the sale and purchase of businesses as well as simply property. If you are hoping to acquire or lease a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right firm. As for the costs these will vary based on the structure and terms of the deal. Let us have your details or phone us so that we can provide you with comprehensive commercial conveyancing calculation.
The conveyancers handling our conveyancing in Costessey has forwarded papers to review that state the land is unregistered with epitome documents. How can it be that the property not registred at the Land Registry?
Over ninety percent of property in Costessey is registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Many Costessey conveyancing lawyers should be familiar with this type of conveyancing but where uncertainty prevails the conventional advice presently is for the seller to register it first and thereafter deal with the sale conveyance - this will predictably result in a significant delay.