In what way does my ID and proof of funds have anything to do with my conveyancing in Leytonstone? Is this really necessary?
Leytonstone conveyancing solicitors as well as nationwide property practitioners throughout the UK have a duty under Anti-terror and anti-money-laundering rules to check the identity of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to disclose two forms of certified identification; proof of ID (typically a Passport or Driving Licence) and proof of address (usually a Utility Bill no more than three months).
Confirmation of the origin of funds is also required under the money laundering regulations as conveyancers are duty bound to ensure that the monies you are using to purchase a property (be it the exchange deposit or the total purchase price if you are a cash purchaser) has come from an acceptable source (such as an inheritance) as opposed to the product of illegitimate activity.
I am looking to buy a property and require a conveyancing solicitor in Leytonstone who is on the Norwich and Peterborough Building Society approved. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Norwich and Peterborough Building Society in certain locations such as Leytonstone. We dont recommend any particular firm.
There are numerous conveyancing solicitors in Leytonstone but how do I know who I should use?
We would encourage you not to go for the lowest Leytonstone conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
When it comes to mortgage companies such as Nottingham, do Leytonstone lawyers incur a fee to be on the conveyancing panel?
We are not aware of any mortgage company fees to be on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
The formalities of my remortgage has taken place for my property in Leytonstone. Conveyancing was of an acceptable standard but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
What does a local search inform me concerning the property I am buying in Leytonstone?
Leytonstone conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company for example Onsearch The local search is essential in every Leytonstone conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your property. The search should provide information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
I'm converting the mortgage on my current property to a buy to let loan with Clydesdale and I will use the rest of the raised equity as a down payment on a second property. The location we are interested in is Leytonstone. Will your solicitors be able to act for the two banks and link together the conveyances?
Do use our search tool on this site to be sure that the solicitors are on the appropriate lender panels. Assuming that they are the conveyancer will be able to tie up the two transactions but you should have a chat with you conveyancer and make apparent your desired outcome and needs.
I need to review quotes for conveyancing in Leytonstone from three conveyancing practitioner and decide on one. Should I get them to sit tight until I have found somewhere to acquire.
We would recommend that you wait to get your lawyer to open a file and order searches after the sales confirmation has been sent by the selling agent especially as Leytonstone conveyancing searches are a couple of hundred pounds.