In what way does my ID and proof of funds have anything to do with my conveyancing in Ilkeston? What am I being asked for?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to check the ID of the potential client they are dealing with before they can accept their conveyancing business. The Terms and Conditions that you need to sign should confirm this. Your lender will also require certain documents to be checked. Should you are unwilling to supply identification documents, your solicitor will not be able to take you on as a client.
Our lender has recommended solicitors on their panel based in Ilkeston but I would rather choose a conveyancing lawyer in Ilkeston or nearer to where I live. Are you able to help?
It is by no means the case that all Ilkeston conveyancing practitioners are listed all lender’s conveyancing panel. Use the above find an approved solicitor tool to identify a Ilkeston conveyancing conveyancer on the on the mortgage company panel.
I have justbeen informed that Arc property Solicitors have closed. They carried out my conveyancing in Ilkeston for a purchase of a freehold house 12 months ago. How can I check that the property is not still registered in the name of the previous owner?
The easiest way to check if the property is registered to you, you can carry out 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 Ilkeston conveyancing specialists.
I'm purchasing my first flat in Ilkeston with a mortgage from Bank of Ireland. The developers would not move on the price so I negotiated 6k of additionals instead. The house builders rep suggested that I not disclose to my lawyer about this deal as it may jeopardize my mortgage with the lender. Should I keep quiet?.
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 opted to have a survey completed on a property in Ilkeston before retaining solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies will not grant a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. If you call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Ilkeston. Conveyancing may be slightly more expensive based on your lender's requirements.
We are soon to acquiring a apartment in Ilkeston. Can our lawyer keep our transaction price a secret from the likes of Zoopla. How could this be achieved ?
HMLR as a matter of law bound to specify price sold information on a register of the title for domestic properties nationwide including properties in Ilkeston. The register of title is an open document, so the Land Registry would be breaching their statutory duty excluded specific properties such as the one in Ilkeston.
In essence you can ask the Land Registry to hide the price paid entry yet the answer would be a No.