I am buying a property for cash in Fakenham. I have resided for the last 20 years in Fakenham. Conveyancing searches are a lot of money. As I know the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a mortgage, then the vast majority of the Fakenham conveyancing searches are non-obligatory. Your lawyer will try and sway you, no-doubt strongly, that you should have searches done, but he has a professional duty to take that path of guidance. One thing to consider; if you are intend to sell the house in the future, it may be of interest to your future buyer what the searches contain. There are plenty of instances where houses with functional issues can still throw up unpredicted search results. A good conveyancing solicitor in Fakenham should provide you some constructive guidance concerning this.
In what way does my ID and proof of funds have anything to do with my conveyancing in Fakenham? What am I being asked for?
Fakenham conveyancing solicitors and indeed property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules to verify the ID of any client with a view to ensure that clients are who they say they are.
Conveyancing clients will need to supply two forms of certified ID; proof of identity (usually a Passport or Driving Licence) and proof of address (usually a Bank Statement no older than three months).
Proof of source of funds is also necessary in accordance with the money laundering statutes as solicitors are mandated to investigate that the monies you are utilising to purchase a property (whether it be the deposit for exchange or the total purchase price where you are a cash purchaser) has come from a reputable source (such as an inheritance) and is not the product of criminal behaviour.
I am downsizing from our house in Fakenham and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any high street Fakenham conveyancer would know that there is no such problem. It does beg the question why the purchasers used an internet conveyancing outfit as opposed to a conveyancing solicitor in Fakenham. Having lived in Fakenham for three years we know of no issue. Is it a good idea to contact our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
Are there restrictive covenants that are commonly picked up as part of conveyancing in Fakenham?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Fakenham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been recommended by a few property agents in Fakenham to choose a property lawyer using your seach tool. What’s the financial incentive for Estate Agents to promote your services rather than another?
We don’t offer any referral fee for sending work our way. We found it would be just too difficult to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
As co-executor for the estate of my father I am selling a house in Neath but I am based in Fakenham. My lawyer (approximately 200 miles awayrequires that I sign a stat dec prior to completion. Can you recommend a conveyancing lawyer in Fakenham who can attest this legal document for me?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are Fakenham based