Souldusing a Harold Wood conveyancing practice make my purchase more efficient?
Established third party connections is an important consideration when appointing conveyancing solicitors. Harold Wood law firms enjoy long term relationships with lenders and Harold Wood, local authorities, surveyors and other law firms meaning the whole process is going to be much more straightforward for you. Having a sound experience in the local area is also a plus .
What does my ID and proof of funds have anything to do with my conveyancing in Harold Wood? Why is this being asked of me?
Harold Wood conveyancing solicitors as well as nationwide property lawyers accross the UK have a duty under money laundering regulations to check the ID of any client with a view to ensure that clients are who they say they are.
Conveyancing clients will need to supply two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and proof of address (typically a Utility Bill no more than three months).
Evidence of the origin of funds is also necessary under the money laundering laws as solicitors are mandated to investigate that the money you are utilising to buy a property (be it the exchange deposit or the full purchase amount where you are buying mortgage free) has originated from legitimate source (such as an inheritance) as opposed to the product of criminal activity.
What is the difference between a licensed conveyancer and conveyancing solicitor in Harold Wood
There are two types of lawyers who can execute conveyancing in Harold Wood namely CLC regulated conveyancers or solicitors. The two can administer the legal services that you need to complete the disposal or acquisition of property. They are both obliged to handle Harold Wood conveyancing to the same quality and guidelines so you may be safe in the knowledge that your conveyancing will be properly carried out and that all necessary steps will be accurately adhered to.
We are purchasing a victorian detached house in Harold Wood. The intention is to carry out an extension to the side at the house.Will legal conveyancing on the property include checks to see if these alterations are prohibited?
Your property lawyer should check the deeds as conveyancing in Harold Wood will occasionally reveal restrictions in the title deeds which prevent categories of changes or need the consent of a 3rd party. Some works need local authority planning permissions and approval in compliance with building regulations. Many areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
Planning on purchasing a apartment in Harold Wood. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Aldermore conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Harold Wood solicitor is on the Aldermore conveyancing panel.
I am planning on selling our home in Harold Wood and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any high street Harold Wood conveyancer would know this is not the case. For the life of me I don't know why the buyers instructed an online conveyancing firm rather than a conveyancing solicitor in Harold Wood. Having lived in Harold Wood for 5 years we know of no issue. Should we contact our local Authority to get confirmation that there is no issue.
It sounds as though you may have a conveyancing firm already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I'm purchasing my first flat in Harold Wood with a mortgage from Barclays Direct. The developers refused to reduce the price so I negotiated £7000 of extras instead. The house builders rep advised me not reveal to my conveyancer about the extras as it would impact my mortgage with Barclays Direct. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I need to find a conveyancing solicitor for remortgage conveyancing in Harold Wood. I happened to chance upon a site which appears to be the ideal answer If there is a chance to get all the legals completed via email that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?