In what way does my ID and proof of funds have anything to do with my conveyancing in Lisson Grove? Why is this being asked of me?
Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to check the identification documents of the person or body they are dealing with prior to agreeing to accepting their conveyancing business. The Client Care letter that you are required to sign will no doubt stipulate this. Your lender will also require certain documents to be checked. Should you are unwilling to provide ID verification documents, your lawyer would not be able to accept instructions from you.
My husband and I wish to acquire a purpose built flat in Lisson Grove with a homeloan from Godiva Mortgages Ltd.We use our Lisson Grove conveyancing lawyer but Godiva Mortgages Ltd says her practice is not on their "panel". It seems we are left with little choice but to instruct a Godiva Mortgages Ltd panel firm or retain our local solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The mortgage issued to you is subject to its terms and conditions, one of which will be that solicitors will be on the Godiva Mortgages Ltd solicitor panel. in the past, most banks had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Godiva Mortgages Ltd
I have a terraced Victorian property in Lisson Grove. Conveyancing lawyer represented me and Halifax. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold under the exact same property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lisson Grove and other areas of 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 purchasers. You can also enquire as to the position with your conveyancing lawyer who carried out the work.
I am buying a new build house in Lisson Grove with the aid of help to buy. The developers would not move on the amount so I negotiated £7000 of additionals instead. The sale representative told me not inform my solicitor about this extras as it could affect my mortgage with Bank of Ireland. 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.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Lisson Grove is where the house is located. Can you shed any light on this issue?
Flying freeholds in Lisson Grove are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Lisson Grove you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lisson Grove may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
In surfing the world wide web for the phrase cheap conveyancing in Lisson Grove it brings up numerous property lawyersin the vicinity. How do I determine which is the right property lawyer for the sale of my house?
The ideal method of choosing a suitable conveyancer is through a trusted referral, so seek the guidance of friends and relatives who have bought a property in Lisson Grove or a reputable estate agent or financial adviser. Charges for conveyancing in Lisson Grove vary, so it's a good idea to secure a minimum of three fee calculations from different solicitors. Be sure to seek confirmation what costs in the quote includes.