I am looking for value for money property lawyer. Should I go for for a national conveyancer as opposed to a local Farnham Royal conveyancing solicitor?
Farnham Royal is a unique place, where regional insight counts for a lot. The laid-back lifestyle is great – just not for your home move. The solicitors that we work with host exhaustive Farnham Royal intelligence with a professional, hands-onapproach that helps the conveyancing to progress hassle free. It is a distinct advantage where they benefit from good relationships with mortgage brokers, local authorities, valuers and counterpart Farnham Royal conveyancing solicitors
In what way does my ID and proof of funds have anything to do with my conveyancing in Farnham Royal? What am I being asked for?
To satisfy the Money Laundering Regulations any Farnham Royal conveyancing firm will require proof of identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing where you reside.
In accordance with Money Laundering Regulations, conveyancers are obliged by law to validate not simply the ID of conveyancing clients but also the source of monies that they receive in respect of any matter. An unwillingness to disclose this may lead to your conveyancer ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers will have an obligation to inform the appropriate authorities should they believe that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
My lawyer in Farnham Royal is not listed on the Alliance & Leicester Conveyancing Panel. Is it possible for me to continue with my prefered solicitor notwithstanding that they are not on the Alliance & Leicester panel?
The limited options available to you here include:
- Carry on with your existing Farnham Royal lawyers but Alliance & Leicester will need to retain a solicitor on their list of acceptable firms. This will result in additional total legal charges and result in frustration.
- Find an alternative lawyer to act in the purchase, obviously checking they are Alliance & Leicester approved.
- Try to convince your Alliance & Leicester solicitor to attempt to join the Alliance & Leicester panel
A colleague pointed out to me me that in buying a property in Farnham Royal there could be various restrictions affecting the ability to carry out external alterations to the property. Is this right?
We are aware of a number of properties in Farnham Royal which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in Farnham Royal should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My wife and I have organised a further advance on our mortgage from Barclays as we want to conduct renovations to our house in Farnham Royal. Are we obliged to select a local Farnham Royal solicitor on the Barclays conveyancing panel to handle the paperwork?
Barclays do not ordinarily instruct a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Barclays panel.
I am selling my apartment. I had a double glazing fitted in August 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Nationwide are being a right pain. The Farnham Royal solicitor who is on the Nationwide conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Nationwide are insisting on a building regulation certificate. Why do Nationwide have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nationwide have referred the matter to their valuer. The reason why Nationwide may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I have been on the look out for a flat up to £305k and found one close by in Farnham Royal I like with open areas and transport links in the vicinity, however it's only got 61 years on the lease. There is not much else in Farnham Royal suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan the remaining unexpired lease term will likely be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
How difficult is it to swap conveyancer as I need to select a firm on the The Mortgage Works conveyancing panel. I hired a local conveyancing solicitor in Farnham Royal five minutes from me but she is not approved by The Mortgage Works
We will our best to assist in finding you a conveyancing solicitor in Farnham Royal on the The Mortgage Works panel. Please note that the property lawyers that we list do not pay us fee if you instruct them and are regulated by the SRA who oversee all conveyancing solicitors in Farnham Royal. Using the find a conveyancing solicitor tool on this page, you can scrutinise fees for conveyancing solicitors in Farnham Royal and beyond.