What does my ID and proof of funds have anything to do with my conveyancing in Bickley? Is this really warranted?
Bickley conveyancing solicitors as well as nationwide property lawyers throughout the UK have an obligation under Anti-terror and anti-money-laundering rules to verify the ID of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to supply two forms of certified identification; proof of ID (usually a Passport or Driving Licence) and evidence of address (usually a Bank Statement less than 3 months old).
Confirmation of source of funds is also necessary in accordance with the money laundering laws as conveyancers are required to ensure that the funds you are utilising to purchase a property (be it the exchange deposit or the full purchase monies where you are a cash purchaser) has come from legitimate source (such as an inheritance) rather than the fruits of illegitimate activity.
I am planning to move house in November. Will my conveyancing solicitor update the removal company on the completion day. Incidentally, can you recommend a removal company in Bickley. Conveyancing firm was chosen before I stumbled across this site.
On the afternoon of completion you will need to collect the house keys from your property agent however this can only occur once the sellers conveyancers inform the agent that the monies to complete are in and the keys can be released. You will need to inform the removal men that you are ready to move in. We are not in a position to recommend a particular removal company but can help you choose a conveyancing in Bickley or a legal practice that specialises in conveyancing in Bickley.
I'm the sole beneficiary of my late father’s estate with all property in now in my sole name, including the house in Bickley. The Bickley property was put into my name in September. I now wish to sell up. I do know about the CML six month 'rule', meaning my property ownership could be considered the same way as if I'd bought the property in September. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. How sensible a view lenders take of it, depend on the mortgage company as this requirement is chiefly there to capture the purchase and immediately sell or the quick reselling of property.
I am selling my apartment. I had a double glazing fitted in September 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Skipton are being a right pain. The Bickley solicitor who is on the Skipton conveyancing panel is saying indemnity insurance will be fine but Skipton are requiring a building regulation certificate. Why do Skipton have a conveyancing panel if they don't accept advice from them?
It is probably the case that Skipton have referred the matter to their valuer. The reason why Skipton 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.
Due to the encouragement of my in-laws I had a survey completed on a property in Bickley ahead of appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. The surveyor has said that some lenders may not give a mortgage on a flying freehold home.
It varies from the lender to lender. Lloyds has different requirements from Nationwide. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Bickley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bickley to see if the conveyancing will be more expensive.
I have been advised by a few selling agents in Bickley to select a conveyancer using your seach tool. Is there a financial advantage for Estate Agents to offer your services rather than another?
We refuse to make any commission for sending work in our direction. We thought it would be too underhand to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
In my capacity as executor for the estate of my grandfather I am selling a residence in Cardiff but I am based in Bickley. My lawyer (based 200 kilometers awayhas requested that I sign a stat dec ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Bickley who can witness and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are based in Bickley
Our lawyer in Bickley has identified a defect with the lease for the property we are buying in Bickley. The seller’s lawyers have put forward title insurance as a workaround. We are happy with insurance and will pay for it. Our lawyer says that as he is on the bank conveyancing panel he must ensure that the lender is happy with this solution. Are we the client or is the mortgage company?
Just because you have a mortgage offer from the mortgage company does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your Bickley conveyancing lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook Requirements. You and the mortgage company are the client. The appropriate lender requirements must be adhered to by the lender conveyancing panel who has to balance acting for you and the lender