In what way does my ID and proof of funds have anything to do with my conveyancing in Darwen? Why is this being asked of me?
Darwen conveyancing solicitors as well as nationwide property lawyers throughout the UK have a duty under Anti-terror and anti-money-laundering rules to check the identity of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to produce two forms of certified identification; proof of ID (typically a Passport or Driving Licence) and proof of address (typically a Bank Statement less than 3 months old).
Proof of the origin of monies is also required under the money laundering regulations as lawyers are required to investigate that the monies you are using to acquire a property (be it the exchange deposit or the total purchase monies where you are buying mortgage free) has come from legitimate source (such as employment savings) rather than the fruits of criminal behaviour.
Do the Building Society Association intend to launch a searchable register to to identify practices on the Loughborough BS conveyancing panel for instance in Darwen?
We would not expect to be advised of any plans on the part of the BSA to promote such a search facility.
If you had a top tip for selecting a conveyancing solicitor in Darwen what would it be?
We would encourage you not to base your choice on the lowest Darwen conveyancing costs illustration. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I'm the only beneficiary of my late grandmother’s estate with all property in now in my sole name, including the house in Darwen. The Darwen property was put into my name in August. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', which means that my property ownership could be regarded the same way as though I had purchased the house in August. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be affected by that. Some lenders would take a sensible view as this provision is primarily there to identify the purchase and immediately sell or the quick reselling of property.
Intending to buy a maisonette in Darwen. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Clydesdale 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 Darwen solicitor is on the Clydesdale conveyancing panel.
I understand that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when acquiring a house in Darwen? or I am told that there is a law dating back centuries that could mean that house owners living in a parish church boundary will be compelled to contribute towards maintenance to the chancel within the church. Is this suitable for conveyancing in Darwen?
Unless a previous purchase of the premises took place post 12 October 2013 you could take it that lawyers conducting conveyancing in Darwen to remain recommending a chancel search and or insurance against a claim.
What makes your site different to other online quote calculators for conveyancing in Darwen?
At this site secure a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Darwen. As opposed to estate agents and many comparison sites we do not have kick-back arrangements with solicitors. Some agents and online brokers 'recommend' solicitors paying the highest commission, rather than the best value conveyancing in Darwen
I have been advised by various estate agents to expect 6-8 weeks for Darwen conveyancing to complete.This was a month ago. The property information was only received from the vendors property lawyer yesterday so does the clock start running now?
No official countdown exists for conveyancing in Darwen, or any area in the UK. You just have to make sure your finances are in order and wait for the rest to come together.