In what way does my ID and proof of funds have anything to do with my conveyancing in Halifax? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Halifax conveyancing firm will require proof of identity in all conveyancing transactions. This is usually dealt with by provision of a passport and an original bank statement or utility bill evidencing where you live.
Under Money Laundering Regulations, conveyancers are duty bound to validate not only the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. Refusal to disclose this will result in your solicitor cancelling their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to notify the relevant authorities should they believe that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
What is the best way to discover of the solicitor handling my conveyancing in Halifax is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Skipton Building Society thus paying £192.00 in further conveyancing costs.
You should make the most of the search tool on this page. Please choose the lender and type ‘Halifax’ or your preferred area and you will see numerous solicitors located in Halifax or by proximity to you.
five months have gone by following my purchase conveyancing in Halifax completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. 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 premises 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 am purchasing my first flat in Halifax with a loan from The Royal Bank of Scotland. The sellers refused to move on the amount so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not inform my solicitor about the deal as it could impact my loan with The Royal Bank of Scotland. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I need to find a conveyancing solicitor for leasehold conveyancing in Halifax. I have chance upon a web site which looks to be the ideal answer If it is possible to get all the legals done via email that would be preferable. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
After what seems like an age I have had an offer on an apartment in Halifax accepted, the vendor does nevertheless have an associated purchase. The current proprietors have offered on a property, however it’s not been accepted yet, and are looking at other flats in the pipeline. I have chosen a local conveyancing solicitor in Halifax. What do I do now? At what point should I apply for the mortgage with UBS?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur expenses prematurely (mortgage application is approx one thousand pounds, then survey, Halifax conveyancing search charges, etc). The first thing to do is ensure that your conveyancing practitioner is on the UBS approved list. Regarding the next phase this very much depends on the uniqueness of your case, desire for this property and on the state of the market. During a hot market many home buyers will apply for a home loan with UBS and pay for the survey and only if it was satisfactory would they request their solicitor to press on with the conveyancing in Halifax.