In what way does my ID and proof of funds have anything to do with my conveyancing in Lincolnshire? Why is this being asked of me?
You are right in these requests have nothing to do with conveyancing in Lincolnshire. However these days you can not complete any conveyancing transaction without first supplying evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence and a council tax bill. Please note that if you are supplying your driving licence as evidence of identification it needs to be both the paper element as well as the photo card part, one is not acceptable in the absence of the other.
Evidence of the source of funds is required in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancing solicitor will need to have this information on file. Your Lincolnshire conveyancing lawyer will need to see evidence of proof of funds prior to accepting any money from you into their client account and they may also ask further questions regarding the origin of funds.
Do I have to pop into the offices of the solicitor to execute the mortgage deed? If so, I will instruct a firm who offer conveyancing in Lincolnshire so that I can attend their offices if required.
Whereas this was necessary 12 years ago, almost all banks no longer require their conveyancing panel solicitor to witness the borrowers signature. It will still be necessary for you to hand over identification documents and there are still distinct benefits to choosing a locally based practitioner, in your case a conveyancing solicitor in Lincolnshire.
What will a local search tell me concerning the property my wife and I purchasing in Lincolnshire?
Lincolnshire conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations such as Onsearch The local search plays a central part in most Lincolnshire conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your new home. The search will supply data 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 thirteen subject headings.
2 months have gone by following my purchase conveyancing in Lincolnshire completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. Lincolnshire is the location of the property. Can you shed any light on this issue?
Flying freeholds in Lincolnshire are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lincolnshire you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lincolnshire 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 premises.
Is there anything unique about your site and alternative online quote calculators for conveyancing in Lincolnshire?
At this site receive an accurate quote from a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in Lincolnshire. As opposed to estate agents and many comparison sites we do not have kick-back arrangements with solicitors. Some agents and online brokers 'recommend' solicitors who pay the most per referral, not the best value conveyancing in Lincolnshire