My IFA has asked me for my Bishops Stortford solicitor’s panel member for the Nationwide conveyancing panel. What is the best way to discover this. I have e-mailed my local Bishops Stortford branch but they cant find it on their system.
The sensible thing to do is ask for this information from your Bishops Stortford lawyer . Most Bishops Stortford law practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
What does my ID and proof of funds have anything to do with my conveyancing in Bishops Stortford? Is this really warranted?
Bishops Stortford conveyancing solicitors and indeed property practitioners accross the UK have a duty under Anti-terror and anti-money-laundering rules to check the identity of any client with a view to ensure that clients are who they say they are.
Conveyancing clients are required to produce two forms of certified identification; proof of ID (typically a Passport or Driving Licence) and evidence of address (typically a Bank Statement no older than three months).
Confirmation of the origin of monies is also required in accordance with the money laundering regulations as conveyancers are required to ensure that the money you are utilising to buy a property (whether it be the deposit for exchange or the full purchase price where you are a cash purchaser) has originated from an acceptable source (such as employment savings) and is not the proceeds of illegitimate behaviour.
My grandmother passed away 10 months ago and as sole heir and executor I was left the property in Bishops Stortford. The house had a small mortgage left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Co-operative, pay off the mortgage. Is this allowed?
If you intend to re-mortgage then Co-operative will insist on your using a conveyancer on the Co-operative conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Co-operative conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Co-operative mortgage is registered as a charge at the Land Registry.
Can you point me to a directory of Leeds Building Society panel conveyancers in Bishops Stortford on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. A small selection of banks make their panel listings available on the web. If you are in need of a Bishops Stortford solicitor on the Leeds Building Society please use our facility.
Is it the case that all Bishops Stortford conveyancing solicitors on the UBS conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the UBS conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. The majority of mortgage companies do permit licenced conveyancers on their panel and in such a situation the organisation would be regulated by the CLC.
I'm in the process of looking at houses in Bishops Stortford and I am now considering a potential offer. Is it sensible to have a conveyancer on ‘stand by’? I am planning to take a mortgage with Santander.
It would be wise to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. Given that you are seeking a mortgage with Santander, ask your prospective lawyers if they are on the Santander conveyancing panel otherwise they can't do the mortgage legal work.
I am looking to sell my house. My previous conveyancers have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in Bishops Stortford if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Bishops Stortford. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I have today placed an offer on an apartment in Bishops Stortford and the estate agent that we are using suggested his solicitor. She quoted a thousand pounds excluding VAT and 3rd party costs. Does this sound reasonable?
Don't just go on 1 estimate. One should obtain like-for-like quotes for your conveyancing in Bishops Stortford. Then select one that you are comfortable with and crucially, is on the approved panel of the mortgage company that you have applied for a mortgage from.