Some advice if I may. My Stamford Bridge lawyer is informing me me that he is legally obliged toapply for Stamford Bridge conveyancing searches asthe firm are on the Santanderapproved lawyer panel. Do I not have any options here?
Unfortunately both you and your lawyer have little choice here. As you are taking a mortgage with a lender your conveyancer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancing practitioner would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the CML Handbook specifications . Even if you were a cash buyer you would be ill advised not to carry out Stamford Bridge conveyancing searches.
What does my ID and proof of funds have anything to do with my conveyancing in Stamford Bridge? What am I being asked for?
Stamford Bridge conveyancing solicitors and indeed property practitioners throughout the UK have a duty under money laundering regulations to check the ID of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to supply two forms of certified identification; proof of ID (typically a Passport or Driving Licence) and evidence of address (usually a Bank Statement no more than three months).
Confirmation of source of funds is also required under the money laundering regulations as conveyancers are required to check that the monies you are utilising to purchase a property (whether it be the deposit for exchange or the full purchase monies if you are buying mortgage free) has come from legitimate source (such as an inheritance) and is not the fruits of illegitimate behaviour.
I am assisting my mother sell her property in Stamford Bridge. Does the solicitor commission an EPC or it is for the seller to see to?
Following the demise of Home Packs, EPC’s was retained a compulsory element of selling a house. An energy assessment should be commissioned in advance of the property being placed on the market. This is not a task that conveyancers ordinarily arrange. Where you are instructing a Stamford Bridge conveyancing practitioner they may be able to arrange energy assessments given their relationships with long established Stamford Bridge providers
A relative advised me that in purchasing a property in Stamford Bridge there may be a number of restrictions as to what one can do in terms of external alterations to the property. Is this right?
There are anumerous of properties in Stamford Bridge which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Stamford Bridge should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I recently had an offer accepted on an apartment in Stamford Bridge. My financial adviser pressured me to appoint their lawyer. I paid an upfront payment of £150. Soon after, the solicitor called me sheepishly admitting that they were not on the Kent Reliance conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Kent Reliance panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
How does conveyancing in Stamford Bridge differ for new build properties?
Most buyers of new build property in Stamford Bridge come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is built. This is because new home sellers in Stamford Bridge tend to purchase the site, 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 property lawyers 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 Stamford Bridge or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what should have been a straight forward, chain free conveyancing. Stamford Bridge is where the house is located. Can you shed any light on this issue?
Flying freeholds in Stamford Bridge are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Stamford Bridge you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stamford Bridge may ascertain 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.
What is different about your site and alternative web based conveyancing solicitors when it comes to conveyancing in Stamford Bridge?
At this site secure an accurate costs illustration via a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Stamford Bridge. As opposed to estate agents and many comparison sites we are not in the business of charging firms a commission if you instruct them for your conveyancing in Stamford Bridge