Unfortunately I am unable to travel far from Bounds Green. What is the rationale as to why all Bounds Green conveyancing practitioners are not on all bank panels?
Even though it may seem unfair for mortgage companies to restrict who can act for them, from the public’s or solicitor’s standpoint, the flip side is that lending institutions are becoming ever more anxious and consider it vital to defend themselves from illegal activities. As a consequence of this concern lenders have restricted their panel of approved conveyancing lawyers to a manageable size.
Can the conveyancing lawyers identified through your search tool conduct auction conveyancing in Bounds Green?
We know of a few auction solicitors we can put you in touch with those specialising in auction conveyancing. Bounds Green is just one of our locations in which our lawyers cover.
In what way does my ID and proof of funds have anything to do with my conveyancing in Bounds Green? What am I being asked for?
Bounds Green conveyancing solicitors and indeed property practitioners throughout the UK have a duty under money laundering regulations to check the identity of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to produce two forms of certified identification; proof of ID (typically a Passport or Driving Licence) and proof of address (usually a Bank Statement no older than three months).
Evidence of the origin of monies is also necessary under the money laundering regulations as conveyancers are obliged to investigate that the funds you are using to acquire 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) as opposed to the product of criminal behaviour.
I am considering applying for a Nationwide mortgage for purchase of a new build (under development) in Bounds Green with 65 per cent LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Nationwide ?
In theory, you could use a solicitor that is not on the Nationwide conveyancing panel, but Nationwide would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I am selling my house. My former conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Bounds Green if that affects matters.
You should use our search tool to help you choose a solicitor for your conveyancing in Bounds Green. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
How much experience do your Bounds Green conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Bounds Green conveyancing lawyers help thousands of buyers move home every year and supported lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Bounds Green conveyancers have worked on recent similar matters.