All was ready to move into my new home in Bursledon next Thursday. My solicitor now wants me to supply her with evidence of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the mortgage company. What risks does the lender expect the insurance to cover?
Any lawyer on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 instructions. These requirements are not limited to conveyancing in Bursledon.
In what way does my ID and proof of funds have anything to do with my conveyancing in Bursledon? What am I being asked for?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Bursledon. Nowadays you can not proceed with any conveyancing process without first providing proof of your identity. This usually takes the form of a either your passport or driving licence plus a council tax bill. Please note that if you are providing your driving licence as evidence of ID it needs to be both the paper section and photo card part, one is not acceptable in the absence of the other.
Verification of the source of funds is necessary under Money Laundering Regulations. You should not be offended when when this is requested of you as your lawyer will need to have this information on record. Your Bursledon conveyancing practitioner will need to see evidence of proof of funds prior to accepting any monies from you into their client account and they will also ask additional queries regarding the origin of monies.
I am purchasing a flat and need a conveyancing solicitor in Bursledon who is on the Godiva Mortgages Ltd approved. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Godiva Mortgages Ltd in certain locations such as Bursledon. We dont recommend any particular firm.
I have justfound out that Arc property Solicitors have been shut down. They conducted my conveyancing in Bursledon for a purchase of a freehold house 10 months ago. How can I check that the property is registered correctly in the name of the previous owner?
The quickest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Bursledon conveyancing specialists.
In my capacity as executor for the will of my aunt I am selling a property in Monmouth but I am based in Bursledon. My lawyer (based 260 kilometers from meneeds me to sign a stat dec prior to the transaction finalising. Could you suggest a conveyancing solicitor in Bursledon who can attest and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are located in Bursledon
Finally, a mortgage offer from a mortgage company for the remortgage of my 4 bedroom apartment is expected within the next few days. Can you suggest a cheap remortgage conveyancing solicitor in Bursledon ?
This site is not designed to help in pursuit of the lowest fares for conveyancing solicitors in Bursledon. Our aim is to provide cost effective conveyancing but our intention is not to advertise as being the cheapest. Avoid the trap of appointing brokers offering £99 conveyancing in Bursledon.In your best case scenario, in going for cheap conveyancing, you will end up with what you pay for and at worst you will end up being stung for extras and still not receive the service you were hoping for.