The Forest Row conveyancing firm handling our Forest Row conveyancing has spotted a difference when comparing the surveyor’s assumptions in the valuation survey and what is in the title deeds. My solicitor has advised that he must check that the bank is OK with this discrepancy and is content to go ahead. Is my conveyancer’s course or action legitimate?
Your solicitor must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
What does my ID and proof of funds have anything to do with my conveyancing in Forest Row? Is this really warranted?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Forest Row. Nowadays you will not be able to proceed with any conveyancing process in the absence handing over proof of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a utility bill. Remember if you are supplying your driving licence as proof of ID it must be both the paper element as well as the photo card part, one is not sufficient in the absence of the other.
Proof of your origin of money is required in accordance with the Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancer will need to have this information on record. Your Forest Row conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any monies from you into their client account and they should also ask further queries concerning the origin of monies.
We are expecting a mortgage offer soon. The bank mentioned the loan came with free conveyancing. Does this mean I have to use their panel lawyer as I would prefer to appoint a Forest Row based conveyancing firm?
Do check but the chances are that allocate you one of their panel conveyancers where you take up the "fee-free" incentive. Call the mortgage company to ask if they make available a monetary alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor in Forest Row.
Should commercial conveyancing searches reveal proposed roadworks that could affect a commercial property in Forest Row?
Many commercial conveyancing solicitors in Forest Row will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Forest Row. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Forest Row.
For each commercial conveyancing transaction in Forest Row it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Forest Row commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Forest Row.
Me and my brother have a semi-detached Georgian property in Forest Row. Conveyancing lawyer represented me and Bank of Ireland. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold with the matching property. I thought I was buying a freehold how can I check?
You should assess the Freehold register you have again and check the Charges Register for 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 Forest Row and other locations in 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 check the position with your conveyancing lawyer who carried out the work.
In my capacity as executor for the will of my father I am selling a house in Newport but reside in Forest Row. My solicitor (approximately 235 miles awayhas requested that I execute a statutory declaration ahead of completion. Can you recommend a conveyancing practitioner in Forest Row to attest and place their company stamp on the document?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are located in Forest Row