It has come to my attention via my estate agent that my Fawley the law firm I have appointed is not on the bank Conveyancing panel. How can I be certain that this is indeed the case?
The first thing you need to do is to contact your Fawley lawyer directly. You lawyer should advise you what has happened. Where they are not on the panel they may recommend you to a Fawley conveyancing practice that is on the approved list of lawyers for your bank.
My wife and I are only a couple days away from an exchange on a flat in Fawley and my parents have transferred the ten percent deposit to my conveyancing practitioner. I am now told that as the deposit has not arrived from me my conveyancer needs to disclose this to my mortgage company. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the mortgage company regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to delay the deal?
The conveyancer is obliged to clarify with lender to make sure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only report this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
What does my ID and proof of funds have anything to do with my conveyancing in Fawley? Is this really warranted?
Fawley conveyancing solicitors as well as nationwide property practitioners 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 provide two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and proof of address (typically a Bank Statement no older than three months).
Proof of the origin of monies is also necessary under the money laundering regulations as conveyancers are duty bound to ensure that the funds you are utilising to acquire a property (be it the exchange deposit or the total purchase monies where you are buying without a mortgage) has originated from a reputable source (such as an inheritance) as opposed to the product of criminal behaviour.
We just had an offer accepted to buy with Coventry BS. We have called around locally but cant to find a Fawley conveyancing firm on the Coventry BS panel. Can you assist?
Please do make the most of the search tool on this site. Please choose the building society and type Fawley or your location and you will be presented with a number of lawyer offices in Fawley or by proximity to you.
I have a terraced Edwardian property in Fawley. Conveyancing solicitor represented me and HSBC Bank. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Fawley and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with the conveyancing lawyer who conducted the conveyancing.
I note that you have a post code search directory listing solicitors on the mortgage company conveyancing panel. Do Fawley conveyancing firms pay you a commission if I appoint them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Fawley.