What does my ID and proof of funds have anything to do with my conveyancing in Downham? Why is this being asked of me?
You are right in the requirement set out by your solicitor has nothing to do with conveyancing in Downham. However these days you will not be able to proceed with any conveyancing process in the absence handing over evidence of your identity. This usually takes the form of a either your passport or driving licence plus a utility bill. Remember if you are providing your driving licence as evidence of ID it needs to be both the paper part as well as the photo card part, one is not sufficient in the absence of the other.
Evidence of your origin of money is required in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancer must retain this information on record. Your Downham conveyancing solicitor will require evidence of proof of funds before they are able to accept any money from you into their client account and they should also ask additional questions concerning the source of monies.
I just bought a property at auction in Downham. Conveyancing is needed. What happens now?
Now that you have to all intents and purposes signed on the dotted line you will need to find a conveyancing practitioner soon as you are faced with a tight a drop dead date to complete the property. Every auction property should have an associated auction set of papers. This will include the copy title deeds, local authority and drainage searches. If you have purchased leasehold property the auction papers may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to leasehold premises. You must hand this to your appointed conveyancing solicitor as soon as possible. Do make sure that that you have the requisite funding in order to complete the transaction on the set completion date.
My uncle informed me that in buying a property in Downham there could be various restrictions preventing external changes to the property. Is this right?
There are anumerous of properties in Downham which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Downham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I recently had an offer accepted on an apartment in Downham. My mortgage broker pressured me to appoint their solicitor. I paid an upfront payment of £150. A few days later, the lawyer contacted me to say that they were not on the Co-operative conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Co-operative panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I am buying a new build apartment in Downham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Downham
Please supply a car parking plan. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
What does commercial conveyancing in Downham cover?
Commercial conveyancing in Downham incorporates a broad range of advice, supplied by qualified solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
We're novice buyers - agreed a price, yet the selling agent told us that the owners will only proceed if we use the agent's chosen solicitors as they want a ‘quick sale’. My instinct tells me that we should use a family solicitor with experience of conveyancing in Downham
We suspect that the seller is not behind this demand. If they desire ‘a quick sale', taking such a hostile approach to a serious buyer is not the way to achieve this. Avoid the agents and go straight to the sellers and make sure they understand (a)you are motivated purchasers (b)you are ready to go, with finances in place © you have nothing to sell (d) you wish to move quickly (e)but you are going to instruct your preferred Downham conveyancing solicitors - not the ones that will earn the estate agent a introducer fee or hit his conveyancing thresholds pre-set by head office.
Do I have to visit the offices of the mortgage company conveyancing panel solicitor to execute the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Downham as it will be easier to attend their offices if necessary.
Most conveyancing panel lawyers for the mortgage company undertake conveyancing via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. YOu dont have to use a conveyancing solicitor in Downham. However you should check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.