In what way does my ID and proof of funds have anything to do with my conveyancing in Chelsfield? What am I being asked for?
Chelsfield conveyancing solicitors and indeed property lawyers accross the UK have a duty under money laundering regulations to check the ID of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to supply two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and evidence of address (typically a Bank Statement less than 3 months old).
Proof of the origin of monies is also required under the money laundering statutes as solicitors are obliged to check that the money you are utilising to buy a property (whether it be the deposit for exchange or the total purchase monies where you are a cash purchaser) has originated from legitimate source (such as an inheritance) as opposed to the product of criminal activity.
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Chelsfield?
Two types of professional can do conveyancing in Chelsfield namely licenced conveyancers or solicitors. Both professionals administer conveyancing services that you need to complete the sale or acquisition of property. They are both obliged to handle Chelsfield conveyancing to the same standards and guidelines so you may be safe in the knowledge that your conveyancing will be professionally carried out and that all requisite steps should be suitably adhered to.
I am aiming to move home in January. Will my conveyancing solicitor update the removal company on the completion day. Incidentally, can you put forward a removal company in Chelsfield. Conveyancing solicitor was found before I stumbled across your site.
On the afternoon of completion you can pick up the house keys from your property agent however this should only happen once the sellers lawyers inform the agent that they have the completion monies and the keys can be released. You should inform the removal company that they can start moving you in. We are not in a position to recommend a specific removal organisation but can assist you in choosing a residential property solicitor in Chelsfield or a firm with expertise in conveyancing in Chelsfield.
My fiancee and I are at the point of viewing flats in Chelsfield and I am about to put in an offer. Is it too early to have a solicitor in place? I will be getting a mortgage with Nationwide.
It would be advisable to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the EA. As you are taking out a mortgage with Nationwide, make sure you remember to check that your lawyer is on the Nationwide conveyancing panel.
Various web forums that I have frequented warn that are the number one cause of delay in Chelsfield house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of hindrances during the legal transfer of property. Local searches are unlikely to be the root cause of slowing down conveyancing in Chelsfield.
I used Stirling Law a few years ago for my conveyancing in Chelsfield. I now require my papers however the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Chelsfield of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Chelsfield differ for new build properties?
Most buyers of new build residence in Chelsfield approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is constructed. This is because new home sellers in Chelsfield usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Chelsfield or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on last month in what should have been a simple, chain free conveyancing. Chelsfield is where the house is located. Can you shed any light on this issue?
Flying freeholds in Chelsfield are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chelsfield you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chelsfield may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.