In what way does my ID and proof of funds have anything to do with my conveyancing in Maidenhead? What am I being asked for?
In order to comply with Money Laundering Regulations any Maidenhead conveyancing firm will require proof of identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility account showing your correct address.
In accordance with Money Laundering Regulations, property lawyers are obliged by law to validate not only the identity of conveyancing clients but also the origin of monies that they receive in respect of any matter. An unwillingness to disclose this will result in your conveyancer terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to make a disclosure to the relevant authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
I am helping my aunt sell her flat in Maidenhead. Does the conveyancer commission the EPC or it is for me to coordinate?
Following the demise of HIPs, EPC’s was left as a mandatory component of selling a property. An EPC needs to be to hand prior to the property being marketed. It is not a task that lawyers normally organise. Where you are instructing a Maidenhead conveyancing lawyer they might be willing to arrange EPC’s given their contacts with reputable Maidenhead providers
Last month we had a mortgage agreed in principle with Kent Reliance. Maidenhead conveyancing practitioners are appointed. How long does it take for Kent Reliance to forward the offer to the lawyer?
There is no definitive answer here. Have Kent Reliance completed the survey? Have you advised Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I'm at the point of looking at flats in Maidenhead and I am about to put in an offer. Should I already have a lawyer appointed at this stage? I intend to finance via a home loan with Clydesdale.
You should start requesting conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the EA. Given that you are obtaining a mortgage with Clydesdale, ask your prospective lawyers if they are on the Clydesdale conveyancing panel otherwise they can't do the mortgage legal work.
I have recentlyfound out that Arc property Solicitors have been shut down. They conducted my conveyancing in Maidenhead for a purchase of a freehold house 10 months ago. How can I establish that my home is in my name in the name of the former proprietor?
The quickest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Maidenhead conveyancing specialists.
I am looking for a ground for flat up to £195,000 and found one round the corner in Maidenhead I like with a park and transport links in the vicinity, the downside is that it only has 52 years unexpired on the lease. There is not much else in Maidenhead for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a home loan that many years will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
How do I use your search facility to locate a conveyancing lawyer in Maidenhead on the panel for my mortgage?
Step one is to pick a mortgage company such as National Westminster Bank, Virgin Money or TSB then type in your preferred area e.g. Maidenhead. Conveyancing organisations in Maidenhead and further afield should be listed.
What type of property do your Maidenhead conveyancing estimates relate to?
The quotes issued are only relevant to standard residential homes in England & Wales. Where you have any different needs for instance industrial or agricultural property or commercial conveyancing in Maidenhead please telephone us to discuss your requirements .