In what way does my ID and proof of funds have anything to do with my conveyancing in West London? Is this really warranted?
In order to comply with Money Laundering Regulations any West London conveyancing firm will require proof of identity in all conveyancing transactions. This is normally satisfied by provision of a passport and an original bank statement or utility bill showing your correct address.
In accordance with Money Laundering Regulations, conveyancers are duty bound to check not just the identity of conveyancing clients but also the source of the money that they receive in respect of any matter. Refusal to disclose this will lead to your conveyancer ending 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 inform the relevant authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
We hope to to purchase with Loughborough BS. I popped in 3 or 4 local firms but am struggling to find a West London conveyancing firm on the Loughborough BS approved list. Please you assist?
Please do make the most of the search tool on this page. Please choose the mortgage company and type West London or your preferred area and you will discover a number of lawyer offices in West London or nearest you.
I happen to be the single recipient of my late father’s will with all property in now in my sole name, including the house in West London. The West London property was put into my name in December. I want to move. I understand that there is a CML six month 'rule', which means that my proprietorship may be regarded the same way as though I had purchased the house in December. Is the property unsalable for six months?
The CML handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be affected by that. How practical a view banks take of it, depend on the lender as this clause chiefly exists to identify the purchase and immediately sell or the flipping of properties.
We have agreed to purchase a house in West London. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Principality be concerned?
Given that you are obtaining a mortgage with Principality your lawyer must check the formal instructions set out in Section two of UK Finance Lenders’ Handbook for Principality. The Council of Mortgage Lenders’ Handbook contains minimum provisions for solar panel roof-space leases, and solicitors are required to report to Principality where a lease does not comply with these specifications. The requirements relate to the installation of panels on properties nationwide and is not limited to West London.
After shopping around on the internet I have found a West London conveyancing practitioner having made sure that they are on the Kent Reliance conveyancing panel. Does my lawyer arrange the survey of the property?
Kent Reliance will need an independent valuation of the property. Your lawyer will not arrange this. Usually Kent Reliance will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your West London postcode. As you are getting a mortgage with Kent Reliance, you could contact them to see if they have a list of approved surveyors in West London.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a property in West London? or I am told that there is historic law that means some owners of property residing in a parish church boundary may be liable to contribute towards repairs to the chancel in proximity to the church. Is this suitable for conveyancing in West London?
Unless a prior acquisition of the house took place after 12 October 2013 you could assume that conveyancing practitioners delivering conveyancing in West London to continue to advocate a chancel search and or insurance against a claim.
Taking into account that I am about to spend 450k on 3 bedroom house in West London I would like to have a conversation with the conveyancer concerning thehouse move before appointing the firm. Can this be arranged?
This is something that we recommend - we would be happy to talk to you we do not take any clients on without you first talking to the solicitor who will be conducting your property ownership legalities in West London.There is no ‘factory style conveyancing’ - each client is unique individual, not a file reference. The solicitors that we put you in touch with believe that the figure you are provided with for residential conveyancing in West London should be the figure that you are charged.
My husband and I have had DIP from Virgin Money who indicated we could borrow up to £117k. When do I need to appoint a practitioner for conveyancing? West London is where we plan to move to.
You can instruct a property lawyer now so that the conveyancer can open the ledger so they can commence their AML checks etc. Once you wish them to start work they will seek a deposit normally about £200. That would normally be after you have the loan offer from your lender and survey back, nevertheless if you want to expedite the process you can start the ball rolling sooner even though you may be risking some expense.