I am expecting a offer of a home loan from Nat West. I intend to employ the services of a Licensed Conveyancer in Nailsworth. Does the Nat West Conveyancing panel allow for Licensed Conveyancers?
The Nat West approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
What does my ID and proof of funds have anything to do with my conveyancing in Nailsworth? Why is this being asked of me?
You are right in these requests have nothing to do with conveyancing in Nailsworth. Nowadays you can not complete any conveyancing deal in the absence supplying evidence of your identity. This usually takes the form of a either your passport or driving licence plus a utility bill. Remember if you are supplying your driving licence as proof of identification it needs to be both the paper element and photo card part, one is not acceptable in the absence of the other.
Proof of the origin of monies is required in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancer must have this information on record. Your Nailsworth conveyancing practitioner will require evidence of proof of funds prior to accepting any money from you into their client account and they should also ask further queries concerning the source of funds.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to have this when buying a property in Nailsworth? or Apparently there is an ancient law that could mean that owners of property living in a parish church boundary will be compelled to pay for maintenance to the chancel in proximity to the church. Is this relevant for conveyancing in Nailsworth?
Unless a prior purchase of the property took place after 12 October 2013 you can assume that lawyers carrying out conveyancing in Nailsworth to continue to recommend a chancel search and or chancel repair liability policy.
I have recentlyfound out that Action Conveyancing have closed. They carried out my conveyancing in Nailsworth for a purchase of a freehold house 18 months ago. How can I be sure that my home is registered correctly in the name of the previous owner?
The quickest way to check if the premises is registered to you, you can make 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 Nailsworth conveyancing specialists.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a simple, chain free conveyancing. Nailsworth is where the house is located. Can you shed any light on this issue?
Flying freeholds in Nailsworth are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Nailsworth you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Nailsworth 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 residence.
Taking into account that I will soon spend hundreds of thousands of pounds on a terraced house in Nailsworth I would like to have a conversation with the solicitor regarding thetransaction prior to instructing the firm. Is this something that you can arrange?
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 carrying out your property ownership legalities in Nailsworth.There is no ‘factory style conveyancing’ - every client is unique individual, not a file number. The solicitors that we put you in touch with believe that the fees you are quoted for your conveyancing in Nailsworth should be the amount on the final invoice that you are charged.