My wife and I are about to exchange on the purchase of a house in Heath but as a result of wreckage from some water damage at the property I have was able negotiate reparation from the seller of £2k by way of a adjustment in the price. This was going to be addressed as part of amending the contract however Aldermore will not agree to this. Why were they informed?
Your solicitor being on a Aldermore approved list is duty bound to advise Aldermore of any amendments to the sale price. If you prohibit your property lawyer to notify the reduction to Aldermore then they would have to discontinue acting for you. In addition, Aldermore and you would have to appoint a new conveyancer for your conveyancing in Heath.
What does my ID and proof of funds have anything to do with my conveyancing in Heath? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Heath conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally satisfied by provision of a passport and an original bank statement or utility bill evidencing your correct address.
Under Money Laundering Regulations, conveyancers are duty bound to investigate not simply the identity of conveyancing clients but also the origin of monies that they receive in respect of any matter. An unwillingness to disclose this will lead to your conveyancer ending 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 inform the relevant authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
I used Arc property Solicitors several years past for my conveyancing in Heath. Now, I need my documents but cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Heath of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Heath differ for newly converted properties?
Most buyers of new build property in Heath contact us having been asked by the seller to sign contracts and commit to the purchase even before the residence is finished. This is because developers in Heath tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Heath or who has acted in the same development.
What is different about your site and other online quote calculators for conveyancing in Heath?
At this site obtain a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Heath. As opposed to estate agents and brokerage sites we do not operate referral deals with solicitors. Many agents and online brokers 'recommend' solicitors who pay the highest commission, as opposed to the best value conveyancing in Heath
I am an executor of my recently deceased mum’s Will, with a property in Heath which is to be marketed. The house has never been registered at the Land Registry and I'm told that some buyers solicitors will insist that it is done before they will proceed. What's the procedure for this?
In the circumstances that you have set out it seems prudent to apply to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and official copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.