Me and my partner are due to exchange on the purchase of a property in Dunnington but as a result of damage from some water damage at the property I have was able negotiate reparation from the vendor of £3k taking the form of a reduction in the price. This was going to be dealt with as part of a side agreement but Aldermore will not agree to this. Why were they approached?
Any lawyer that is on the Aldermore approved list is obliged to advise Aldermore of any changes to the sale price. If you prohibit your conveyancer to disclose the reduction to Aldermore then they would have to discontinue acting for you. In addition, Aldermore and you would have to appoint a new lawyer for your conveyancing in Dunnington.
What does my ID and proof of funds have anything to do with my conveyancing in Dunnington? What am I being asked for?
Dunnington conveyancing solicitors and indeed property lawyers throughout the UK have an obligation 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 are required to disclose two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and evidence of address (typically a Utility Bill less than 3 months old).
Confirmation of source of funds is also required under the money laundering statutes as solicitors are duty bound to ensure that the money you are using to purchase a property (whether it be the deposit for exchange or the full purchase price where you are a cash purchaser) has come from a reputable source (such as an inheritance) rather than the product of criminal behaviour.
I am buying a garden flat in Dunnington. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Dunnington you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Dunnington.
My relative advised me that if I am buying in Dunnington I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually quoted for as part of the standard Dunnington conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Dunnington around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Dunnington Education with maps and statistics, Local Amenities and other useful information about Dunnington.
My wife and I own a terraced Edwardian property in Dunnington. Conveyancing solicitor acted for me and Accord Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, the second leasehold with the matching property. Is it worth asking Accord Mortgages Ltd to clarify?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Dunnington and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with the conveyancing lawyer who conducted the conveyancing.
Given that I am about to part with 450k on a terraced house in Dunnington I wish to talk to a conveyancer about myhouse move in advance of appointing the firm. Can this be arranged?
We could not agree more - we would be pleased to talk to you we do not take any clients on without you speaking to the conveyancer who will be carrying out your conveyancing in Dunnington.There is no ‘factory style conveyancing’ - each client is an important person, not a matter number. The law firms that we put you in touch with believe that the fees you are provided with for residential conveyancing in Dunnington should be the figure that you end up paying.