In what way does my ID and proof of funds have anything to do with my conveyancing in Honor Oak? Is this really warranted?
You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Honor Oak. Nowadays you can not complete any conveyancing transaction in the absence providing evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence and a bank statement. Please note that if you are supplying your driving licence as proof of identification it must be both the paper section and photo card part, one is not satisfactory in the absence of the other.
Evidence of your source of monies is mandated under Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancer will need to have this information on file. Your Honor Oak conveyancing practitioner will require evidence of proof of funds before they are able to accept any monies from you into their client account and they will also ask additional queries regarding the source of funds.
The deeds to my home are lost. The conveyancers who handled the conveyancing in Honor Oak 4 years ago are no longer around. What are my options?
As long as the title is registered the details of your ownership will be retained by HMLR under a Title Number. It is easy to perform a search at the Land Registry, find your property and get current copies of the property title for a small fee. If the title is Leasehold then the Land Registry will usually retain a certified duplicate of the Registered Lease and again, a copy can be ordered for a small fee.
How does conveyancing in Honor Oak differ for newly converted properties?
Most buyers of new build premises in Honor Oak contact us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is constructed. This is because house builders in Honor Oak usually acquire 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 Honor Oak or who has acted in the same development.
Given that I will soon spend over three hundred thousand on a garden flat in Honor Oak I would like to talk to a lawyer concerning theconveyancing prior to instructing the firm. Is this something that you can arrange?
We could not agree more - we would be delighted to talk to you we do not take any clients on without you speaking to the solicitor who will be carrying out your property ownership legalities in Honor Oak.There is no ‘factory style conveyancing’ - each client is an important person, not a matter number. The law firms that we put you in touch with believe that the figure you are provided with for residential conveyancing in Honor Oak should be the amount on the final invoice that you end up paying.
We're novice buyers - agreed a price, yet the estate agent advised that the seller will only issue a contract if we use the agent's preferred lawyers as they need a ‘quick sale’. We would rather use a high street conveyancer who is familiar with conveyancing in Honor Oak
We suspect that the seller is unaware of this request. If they desire ‘a quick sale', alienating a genuine purchaser is likely to cause more damage than good. Avoid the agents and go straight to the sellers and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you intend to instruct your own,trusted Honor Oak conveyancing firm - as opposed tothose that will earn the negotiator at the agency a introducer fee or achieve conveyancing thresholds demanded by head office.
Our sealed bid on house in Honor Oak was accepted, the seller does however have a connected purchase. The current proprietors have offered on somewhere, however it’s not yet tied up, and are looking at other properties in the pipeline. I have chosen a local conveyancing solicitor in Honor Oak. What should be my next step? When do I get the mortgage application with HSBC going with HSBC?
It is standard to have anxieties where there is an associated chain as you are unlikely to want to incur costs too early (home loan application is in the region of £1k, then survey, Honor Oak conveyancing search charges, etc). First, you should ensure that your lawyer is on the HSBC conveyancing panel. As to the subsequent phase this very much dictated by the circumstances of your case, desire for this property and on the state of the market. During a rising market many purchasers will apply for the mortgage with HSBC and pay for the valuation and only if it was satisfactory would they ask their solicitor to proceed with searches.