What does my ID and proof of funds have anything to do with my conveyancing in Kingston upon Thames? Is this really warranted?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the ID of the person or body they are dealing with prior to agreeing to accepting their conveyancing instruction. The Client Care letter that you are required to sign should confirm this. Your lender will also require certain documents to be checked. Where you refuse to provide ID verification documents, your conveyancer will not be able to take you on as a client.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Kingston upon Thames?
There are many recorded licenced Conveyancers in Kingston upon Thames and Solicitor practices in Kingston upon Thames to choose from It is important to make clear that the two are regulated professionals specialising in the legal work in transferring property. Both can deal with other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
Can I be sure that the Kingston upon Thames conveyancing solicitor on the Aldermore panel is any good?
When it comes to conveyancing in Kingston upon Thames seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the lawyer carrying out your transaction.
I am due to exchange contracts on my house. I had a double glazing fitted in November 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Bank of Ireland are being problematic. The Kingston upon Thames solicitor who is on the Bank of Ireland conveyancing panel is recommending indemnity insurance as a solution but Bank of Ireland are requiring a building regulation certificate. Why do Bank of Ireland have a conveyancing panel if they don't accept advice from them?
It is probably the case that Bank of Ireland have referred the matter to their valuer. The reason why Bank of Ireland may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Are there restrictive covenants that are commonly identified during conveyancing in Kingston upon Thames?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Kingston upon Thames. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Kingston upon Thames differ for newly converted properties?
Most buyers of new build residence in Kingston upon Thames approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is built. This is because builders in Kingston upon Thames typically purchase 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 conveyancers 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 Kingston upon Thames or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Kingston upon Thames is where the house is located. Can you shed any light on this issue?
Flying freeholds in Kingston upon Thames 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 Kingston upon Thames you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kingston upon Thames may determine 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.
Is it best to instruct a Kingston upon Thames conveyancing practitioner who is local to the property I am purchasing? I have an old university friend who can deal with the legal formalities but his firm is located 200miles drive away.
The benefit of a high street Kingston upon Thames conveyancing practice is that you can drop in to execute paperwork, deliver your ID and apply pressure on them if necessary. Having local Kingston upon Thames know how is a bonus. That being said it's more important to get someone that will do a good and efficient job. If if people you trust instructed your friend and on the whole were content that must surpass using an unfamiliar Kingston upon Thames conveyancing solicitor just because they are round the corner.