What does my ID and proof of funds have anything to do with my conveyancing in Kingsley? What am I being asked for?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Kingsley. However these days you will not be able to complete any conveyancing process without first providing proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a utility bill. Please note that if you are supplying your driving licence as evidence of ID it needs to be both the paper section as well as the photo card part, one is not sufficient without the other.
Evidence of the origin of money is required under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your lawyer must have this information on record. Your Kingsley conveyancing solicitor will require evidence of proof of funds prior to accepting any funds from you into their client account and they may also ask further queries regarding the origin of monies.
The Kingsley conveyancing lawyers that just started acting on my house acquisition in Kingsley have suddenly shut down. I chose them because I needed a firm on the HSBC conveyancing panel and my previous Kingsley lawyer was not. I issued them a cheque for £250 in advance. What should be my next steps?
If you have an estate agent involved then let them know straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the HSBC conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to help.
I am helping my step-mother sell her house in Kingsley. Will the solicitor order the energy performance certificate or do I organise this?
Following the demise of Home Packs, EPC’s was maintained a compulsory element of moving house. An energy assessment needs to be to hand in advance of the property being marketed. It is not a task that lawyers normally arrange. Where you are using a Kingsley conveyancing lawyer they might be willing to arrange energy assessments given their relationships with reputable Kingsley energy assessors
I have paid off my mortgage with Bank of Ireland. I assume I don't need a Kingsley lawyer on the Bank of Ireland panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Bank of Ireland mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Bank of Ireland mortgage from the register. Bank of Ireland, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Bank of Ireland has sent the Land Registry the discharge electronically, and
- Bank of Ireland has instructed the Land Registry to do so
Co-operative have agreed my home loan in principle, my bid on a apartment in Kingsley has been accepted, what happens next?
Your estate agent will want to be informed of your solicitor's details (make sure the conveyancing practitioners are on the bank’s approved list). Call up Co-operative or the broker and complete any outstanding documentation. Co-operative will sellect a valuer who will get in touch with the selling agent or seller to schedule a slot for the valuation to occur. Once carried out (assuming no problems) it takes about a fortnight to receive the mortgage offer. Co-operative will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Kingsley.
I note that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a property in Kingsley? or Apparently there is a law dating back centuries that means some owners of property living in a parish church boundary may be liable to contribute towards repairs to the chancel in proximity to the church. Is this appropriate for conveyancing in Kingsley?
Unless a previous purchase of the premises completed post 12 October 2013 you can expect conveyancing practitioners delivering conveyancing in Kingsley to continue to advocate a chancel search and or insurance against a claim.
How does conveyancing in Kingsley differ for new build properties?
Most buyers of new build residence in Kingsley contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because builders in Kingsley typically acquire the land, 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 property lawyers 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 used to new build conveyancing in Kingsley or who has acted in the same development.
I am downsizing from my property. My past solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Kingsley if that makes things easier.
Do use our search tool to help you choose a solicitor for your conveyancing in Kingsley. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.