Finally, a mortgage agreement from Santander for the refinancing of my 4 room garden flat is due within the next few days. Are you able to put forward a low cost conveyancing practitioner in Falmouth?
You are on the wrong site if you are in need of a cheap conveyancing in Falmouth. We can offer you value for money conveyancing but we do not aim to work with the cheapest lawyers. Do not be fooled by organisations offering £99 conveyancing in Falmouth. Optimistically, in deciding on low cost conveyancing, you will earn what you pay for and at worst it will result in you with a surprising uplift in extras and still not end up with the service required.
In what way does my ID and proof of funds have anything to do with my conveyancing in Falmouth? Why is this being asked of me?
Falmouth 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 provide two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and proof of address (typically a Bank Statement less than 3 months old).
Confirmation of source of funds is also required in compliance with the money laundering regulations as conveyancers are mandated to ensure that the money you are using to purchase a property (be it the exchange deposit or the full purchase monies where you are a cash purchaser) has come from legitimate source (such as an inheritance) rather than the fruits of criminal activity.
I had intended to instruct a conveyancing solicitor in Falmouth for our home move. Our broker informed us that our bank TSB won't deal with them. Surely this is unduly restrictive?
A lender can require a panel conveyancer act for it. You would be liable to bear the cost of this. Do use our database to find a solicitor to conduct conveyancing in Falmouth on the TSB approved list of solicitors.
A relative suggested that where I am buying in Falmouth I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Falmouth conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about Falmouth around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Falmouth Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data concerning Falmouth.
It has been three months following my purchase conveyancing in Falmouth took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I opted to have a survey done on a property in Falmouth prior to retaining conveyancers. I have been advised that there is a flying freehold element to the property. My surveyor has said that some mortgage companies will refuse to issue a loan on such a house.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Halifax. If you call us we can look into this further 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 Falmouth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Falmouth to see if the conveyancing costs will increase in light of this.