What does my ID and proof of funds have anything to do with my conveyancing in Mancot? What am I being asked for?
You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Mancot. Nowadays you will not be able to complete any conveyancing transaction in the absence submitting evidence of your identity. This usually takes the form of a either your passport or driving licence and a utility bill. Please note that if you are providing your driving licence as proof of ID it needs to be both the paper element and photo card part, one is not sufficient in the absence of the other.
Proof of your source of funds is required in accordance with the Money Laundering Regulations. Please do not be offended when when this is requested of you as your conveyancer will need to have this information on record. Your Mancot conveyancing lawyer will need to see evidence of proof of funds before they are able to accept any monies from you into their client account and they will also ask further queries concerning the origin of funds.
Are the BSA intent on creating a searchable register to list practices on the Coventry BS conveyancing panel for instance in Mancot?
We have not been informed any plans on the part of the BSA to promote such a register.
We are getting the release of further monies on our home loan from Principality as we wish to carry out renovations to our property in Mancot. Do we need to appoint a nearby Mancot solicitor on the Principality conveyancing panel to handle the paperwork?
Principality don't usually appoint a member of their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Principality panel.
I am due to exchange contracts on my house. I had a double glazing fitted in July 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Coventry BS are being pedantic. The Mancot solicitor who is on the Coventry BS conveyancing panel is saying indemnity insurance will be fine but Coventry BS are insisting on a building regulation certificate. Why do Coventry BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Coventry BS have referred the matter to their valuer. The reason why Coventry BS 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.
Planning on purchasing a flat in Mancot. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Aldermore conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Mancot solicitor is on the Aldermore conveyancing panel.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Mancot is the location of the property. Can you shed any light on this issue?
Flying freeholds in Mancot are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Mancot you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Mancot may decide 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.
Given that I will soon spend 450k on a property in Mancot I wish to have a conversation with the solicitor about myconveyancing prior to instructing the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you first talking to the lawyer due to be conducting your property ownership legalities in Mancot.There is no ‘factory style conveyancing’ - each client is an important person, not a matter reference. The solicitors that we put you in touch with believe that the fees you are quoted for your conveyancing in Mancot should be the amount on the final invoice that you are charged.
I am purchasing a garden maisonette in Mancot. Conveyancing solicitor is waiting for, from the vendor, building insurance paperwork. This morning I was advised that the seller needs to forward the insurance paperwork for the flat above in addition. Why would my property lawyer need to see the insurance for the flat above? Is it strictly necessary? We have been in hold for the last 3 weeks…
It is not unheard of in leasehold conveyancing in Mancot to find Conveyancing in Mancot in a minority of cases reveals that the lease provides for the tenant's to insure their individual flats as opposed to the landlord insuring the entire building - which is definitely preferable. Do contact your solicitor but it would appear that your lawyer is looking to establish that the entire building is insured. Insuring a ground floor residence is no help when it comes to rebuilding after a fire if the 1st floor cannot be reconstructed due to lack of insurance cover.