In what way does my ID and proof of funds have anything to do with my conveyancing in Maidenbower? Is this really warranted?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Maidenbower. However these days you can not complete any conveyancing deal in the absence providing proof of your identity. This usually takes the form of a either your passport or driving licence as well as a bank statement. Please note that if you are providing your driving licence as proof of identification it needs to be both the paper part and photo card part, one is not sufficient without the other.
Verification of the origin of money is mandated in accordance with the Money Laundering Regulations. Don’t be offended when when this is requested of you as your conveyancing solicitor must have this information on record. Your Maidenbower conveyancing practitioner will need to see evidence of proof of funds prior to accepting any funds from you into their client account and they may also ask additional queries regarding the source of monies.
There is lots of information on this site concerning conveyancing in Maidenbower but what is your top tip for finding the right conveyancer in Maidenbower
We would encourage you not to go for the cheapest Maidenbower conveyancing quote. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
I have decided to exercise my right to buy my property in Maidenbower off the council. I have a mortgage agreed with RBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with RBS, you will need to appoint a solicitor on the RBS conveyancing panel.
The formalities of my remortgage has taken place for my property in Maidenbower. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
What will a local search reveal regarding the property we're buying in Maidenbower?
Maidenbower conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company such as PSG The local search plays an important part in most Maidenbower conveyancing purchase; as long as you don’t want any nasty once you have moved into your property. The search will reveal information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
How does conveyancing in Maidenbower differ for new build properties?
Most buyers of new build premises in Maidenbower contact us having been asked by the developer to sign contracts and commit to the purchase even before the property is constructed. This is because developers in Maidenbower tend to acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Maidenbower or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one close by in Maidenbower I like with open areas and station nearby, however it only has 51 years on the lease. I can't really find anything else in Maidenbower suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you need a home loan that many years will likely be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
My husband and I are 18 days into a leasehold purchase having been recommend to conveyancers by the high street agent to perform conveyancing in Maidenbower. I am am extremely disappointed with the level of service. Can you help me find new solicitors?
A lawyer would have to be really bad in order to consider replacing them. Has the mortgage offer been sent? If so you need to make them aware of the new solicitor and ensure the mortgage documents are re-issued. The solicitor ideally needs to be on the banks panel to avoid added expenses and delays. So that should be your starting point. Our find a solicitor tool will help you find a lender approved conveyancer for your conveyancing in Maidenbower