In what way does my ID and proof of funds have anything to do with my conveyancing in Frodsham? Why is this being asked of me?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the ID of the person or body they are dealing with before they can accept their conveyancing instruction. The Terms of Engagement that you are required to sign will no doubt stipulate this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Should you are unwilling to provide identification documents, your lawyer would not be able to accept instructions from you.
Can you clarify what the consequences are if my lawyer’s firm is removed from the Clydesdale Solicitor panel ahead of completing my conveyancing in Frodsham?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
I am purchasing a house and the solicitor has identified Chancel Repair to which the house may be obligated to pay given it’s proximity to the area of such a church. She has mentioned insurance. Is this really warranted for conveyancing in Frodsham
Unless a previous purchase of the property completed post 12 October 2013 you could take it that solicitors conducting conveyancing in Frodsham to remain recommending a chancel search and or chancel repair liability insurance.
five months have gone by following my purchase conveyancing in Frodsham completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been on the look out for a ground for flat up to £195,000 and identified one near me in Frodsham I like with open areas and railway links nearby, however it's only got 51 remaining years left on the lease. There is not much else in Frodsham suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you need a home loan the shortness of the lease will likely be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
Is it possible to transfer to a new conveyancer as I have to appoint a firm on the HSBC Bank conveyancing list. I instructed a high street conveyancing solicitor in Frodsham five minutes from me but the firm is not approved by HSBC Bank
It would be our pleasure to assist you find a conveyancing solicitor in Frodsham on the HSBC Bank panel. Please note that the conveyancers that we list do not pay us fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Frodsham. In utilising the find a conveyancing solicitor tool on this site, you can compare costs for conveyancing solicitors in Frodsham and beyond.