In what way does my ID and proof of funds have anything to do with my conveyancing in Hurworth? Why is this being asked of me?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Hurworth. However these days you can not complete any conveyancing process if you have not providing proof of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a bank statement. Please note that if you are supplying your driving licence as evidence of ID it needs to be both the paper part as well as the photo card part, one is not sufficient in the absence of the other.
Evidence of your source of funds is necessary in accordance with the Money Laundering Regulations. Don’t be offended when when this is requested of you as your conveyancer will need to retain this information on file. Your Hurworth conveyancing solicitor will require evidence of proof of funds before they are able to accept any monies from you into their client account and they may also ask additional questions regarding the origin of monies.
I am due to move property in October. Should my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you suggest a removal company in Hurworth. Conveyancing lawyer was chosen before I stumbled across your website.
On the day of completion you can collect the keys from your property agent however this can only happen when the sellers conveyancers inform the agent that they acknowledge receipt of the completion payment and the keys can be collected. You will need to advise the removal company that they can start moving you in. As a matter of policy we do not suggest a particular removal company but can assist you in choosing a conveyancing in Hurworth or a lawyer that specialises in conveyancing in Hurworth.
Are all Hurworth Conveyancing Quality Solicitors on the Bank of Ireland conveyancing list of approved firms?
A selection of banks and building societies now utilise CQS as the kick off point for Panel membership such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of firms.
After much negotiation I have agreed a price on an apartment in Hurworth. My financial adviser suggested a conveyancer. I paid an advanced payment of £200. A couple of days later, the solicitor contacted me to say that they were not on the Santander conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Santander panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I have justbecome aware that Wolstenholmes have been shut down. They conducted my conveyancing in Hurworth for a purchase of a freehold house 10 months ago. How can I be sure that my home is registered correctly in the name of the former proprietor?
The quickest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hurworth conveyancing specialists.
I'm purchasing a new build house in Hurworth benefiting from help to buy. The developers would not reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep suggested that I not disclose to my lawyer about the side-deal as it would impact my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a quick, chain free conveyancing. Hurworth is where the house is located. What do you suggest?
Flying freeholds in Hurworth are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hurworth you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hurworth may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Our mortgage broker has suggested using their conveyancing practitioner for the conveyancing in Hurworth - won’t it be better to just use them?
You need to establish if the selling agent is recommending a conveyancing practitioner or introducing to a solicitor. There are plenty of Hurworth estate agents who recommend two or three Hurworth conveyancing firms purely based on those lawyers offering a great service.