I am hoping to receive a offer of a home loan from Santander. My intention is to instruct a Licensed Conveyancer in Limehouse. Does the Santander Conveyancing panel exclude conveyancers regulated by the CLC?
The Santander approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
In what way does my ID and proof of funds have anything to do with my conveyancing in Limehouse? What am I being asked for?
You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Limehouse. Nowadays you will not be able to complete any conveyancing process without first handing over proof of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a council tax bill. Please note that if you are providing your driving licence as proof of ID it needs to be both the paper element as well as the photo card part, one is not acceptable without the other.
Proof of the source of money is required in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancer will need to retain this information on record. Your Limehouse conveyancing practitioner will require evidence of proof of funds before they are able to accept any funds from you into their client account and they may also ask additional queries regarding the origin of monies.
How does conveyancing in Limehouse differ for newly converted properties?
Most buyers of new build premises in Limehouse contact us having been asked by the seller to exchange contracts and commit to the purchase even before the house is built. This is because house builders in Limehouse typically buy the real estate, 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 accustomed to new build conveyancing in Limehouse or who has acted in the same development.
Is it simple use the search tool to find a conveyancing practitioner in Limehouse on the panel for my bank?
1st choose a mortgage company such as Accord Mortgages Ltd, Chelsea Building Society or Godiva Mortgages Ltd then specify your location for instance Limehouse. Conveyancing practices in Limehouse and beyond should be shown.
As co-executor for the will of my grandmother I am selling a property in Cardiff but reside in Limehouse. My conveyancer (based 260 kilometers from mehas requested that I sign a stat dec ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Limehouse to attest this legal document for me?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are based in Limehouse
Midway through the sale of a leasehold flat in Limehouse. Conveyancing is fine but we are being charged a fortune by the managing agents. To date we have paid £225 for a leasehold management information and then another £200 plus VAT for additional queries supplied by the purchaser's lawyer.
Neither you or your solicitor will have any sway over the extent of the fee for this information however the average fee for the information for Limehouse leasehold premises is £380. When it comes to Limehouse conveyancing transactions it is usual for the seller to pay for these costs. The landlord or their agents are not duty bound to answer these questions most will agree to do so - albeit often at high prices out of proportion to the work involved. Unfortunately there is no statute that mandates capped charges for administrative tasks. There is no legal time limit by which they are duty bound to issue answers.