What does my ID and proof of funds have anything to do with my conveyancing in Bucklesham? What am I being asked for?
You are right in these requests have nothing to do with conveyancing in Bucklesham. Nowadays you will not be able to proceed with any conveyancing transaction if you have not handing over evidence of your identity. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as proof of identification it must be both the paper section as well as the photo card part, one is not acceptable in the absence of the other.
Evidence of your source of money is mandated under Money Laundering Regulations. You should not be offended when you are asked to produce this as your conveyancing solicitor will need to have this information on file. Your Bucklesham conveyancing practitioner will need to see evidence of proof of funds prior to accepting any monies from you into their client account and they may also ask further questions regarding the origin of monies.
My fiance and I are purchasing a newly converted flat in Bucklesham with a loan from Chelsea Building Society.We like our Bucklesham conveyancing lawyer but Chelsea Building Society advised that he's not listed on their approved list of member firms. It seems we have no choice but to instruct a Chelsea Building Society panel solicitor or keep our high street solicitor and pay for one of their panel ones to act for them. This seems very unfair; is there anything we can do?
No, not really. The loan offered to you contains terms and conditions, one of which will be that conveyancers must be on the Chelsea Building Society approved list. Until recently, most mortgage companies had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Chelsea Building Society
Due to the advice of my in-laws I had a survey completed on a property in Bucklesham ahead of appointing conveyancers. I have been told that there is a flying freehold element to the house. The surveyor has said that some lenders tend not give a loan on such a home.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. If you contact us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bucklesham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bucklesham to see if the conveyancing costs will increase in light of this.
My company is planning to take over a lease of a shop on the high street. Can you recommend solicitors offering no-move-no costs for non-domestic conveyancing in Bucklesham for under £1,200?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Bucklesham, including the disposal and purchase of businesses as well as simply property. Whether you are looking to purchase or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right solicitor. As for the fees these will vary based on the structure and terms of the deal. Please provide us with your details or call us so that we can supply you with a detailed commercial conveyancing calculation.
My husband and I are first time buyers - had an offer accepted, but the agent told us that the owners will only move forward if we appoint the agent's recommended solicitors as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street solicitor who is accustomed to conveyancing in Bucklesham
It is improbable the owners are behind this. If they require ‘a quick sale', taking such a hostile approach to a serious buyer is is going to put the whole deal at risk. Avoid the agents and go straight to the owners and make the point that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)however you will continue to use your preferred Bucklesham conveyancing solicitors - as opposed tothose that will provide the negotiator at the agency a referral fee or meet his conveyancing thresholds set by HQ.
Is it true that a Bucklesham conveyancing practice got sued by clients for failing to conduct comprehensive conveyancing searches?
We are not aware of such a Bucklesham conveyancing matter but it has been reported that, a couple acquiring a house in Cumbria successfully sued their lawyer due to development plans to build a wind farm not being identified in conveyancing searches.
If you are buying in Bucklesham It is important that your lawyer conduct all Bucklesham conveyancing searches required making sure that you have accurate and current information before acquiring a home in Bucklesham.