In what way does my ID and proof of funds have anything to do with my conveyancing in Abridge? What am I being asked for?
It is indeed that case that these requests have nothing to do with conveyancing in Abridge. Nowadays you can not proceed with any conveyancing deal if you have not handing over proof of your identity. Ordinarily this takes the form of a either your passport or driving licence plus a council tax bill. Please note that if you are supplying your driving licence as evidence of identification it needs to be both the paper section and photo card part, one is not acceptable without the other.
Proof of the source of monies is necessary in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancer must retain this information on record. Your Abridge conveyancing lawyer will require evidence of proof of funds prior to accepting any monies from you into their client account and they should also ask additional queries regarding the origin of funds.
My Conveyancer in Abridge is not on the Bank of Ireland Conveyancing Panel. Can I still use my family solicitor even though they are not on the Bank of Ireland list of approved lawyers?
The limited options available to you here include:
- Carry on with your existing Abridge lawyers but Bank of Ireland will need to use a lawyer on their panel. This will inevitably rack up the total legal charges and cause frustration.
- Find an alternative solicitor to to deal with the conveyancing, not forgetting to check they are on the Bank of Ireland panel
We are buying a house and the lawyer has mentioned Chancel Repair for which the property may be obligated to contribute to because it falls into the area of such a church. He has suggested insurance. Is this really necessary for conveyancing in Abridge
Unless a prior purchase of the house completed after 12 October 2013 you could expect conveyancing practitioners handling conveyancing in Abridge to remain encouraging a chancel search and or chancel repair liability policy.
My wife and I purchased a 4 bedroom Georgian property in Abridge. Conveyancing solicitor acted for me and National Westminster Bank. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Abridge and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with the conveyancing lawyer who conducted the purchase.
How does conveyancing in Abridge differ for new build properties?
Most buyers of new build property in Abridge approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Abridge typically buy the land, 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 conveyancers 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 used to new build conveyancing in Abridge or who has acted in the same development.
I opted to have a survey done on a house in Abridge before appointing lawyers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some lenders will not issue a mortgage on this type of home.
It depends who your proposed lender is. Santander has different requirements for example to Nationwide. Should you wish to call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Abridge. Conveyancing may be slightly more expensive based on your lender's requirements.