In what way does my ID and proof of funds have anything to do with my conveyancing in Heaton? What am I being asked for?
Heaton conveyancing solicitors and indeed property lawyers accross the UK have an obligation under money laundering regulations to verify the ID of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to disclose two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and proof of address (usually a Bank Statement no more than three months).
Evidence of the origin of monies is also required in compliance with the money laundering statutes as lawyers have a duty to investigate that the monies you are using to acquire a property (be it the exchange deposit or the full purchase price where you are buying mortgage free) has come from legitimate source (such as an inheritance) as opposed to the fruits of illegitimate activity.
What is the optimum way to discover of the solicitor conducting my conveyancing in Heaton is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for HSBC Bank thus paying £192.00 in supplemental legal costs.
Feel free to take advantage of the find a conveyancing panel solicitor tool on this page. Please choose the mortgage company and type ‘Heaton’ or your location and you will be presented with a number of lawyer offices in Heaton or nearest you.
Are there restrictive covenants that are commonly picked up during conveyancing in Heaton?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Heaton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Am I right to be concerned that estate agents that I am dealing with are encouraging me to use a nationwide conveyancing firm rather than a High Street Heaton conveyancing company?
As is the case with lots of professional services, often referrals from relatives can be extremely useful or valuable. Yet there are many players in a conveyancing transaction; estate agents, financial adviser and banks may suggest lawyers to choose. On occasion these lawyers might be known to one of the organisations as experts in their field, but occasionally there exists a commercial relationship behind the recommendation. You are free to select your own conveyancer. However, bear in mind that some mortgage providers specify a panel list of conveyancers you must use for the mortgage aspect of your house move.
In my capacity as executor for the will of my aunt I am disposing of a house in Neath but live in Heaton. My conveyancer (who is 250 miles from meneeds me to execute a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing practitioner in Heaton to witness and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Heaton based
Is it the case that all Heaton law firms on every lender conveyancing panel?
The Lexsure search tool on this page may be of use or you can drop into your local bank branch in Heaton. the probability is that they can recommend conveyancing solicitors in Heaton