I am obtaining a mortgage with Halifax. I hope to retain the legal services of a Licensed Conveyancer in Monken Hadley. Does the Halifax Solicitor panel exclude conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
What does my ID and proof of funds have anything to do with my conveyancing in Monken Hadley? Why is this being asked of me?
Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to check the ID of the potential client they are dealing with prior to agreeing to accepting their conveyancing business. The Terms and Conditions that you need to sign will no doubt stipulate this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Where you are unwilling to hand over ID verification documents, your solicitor can not take you on as a client.
We are getting a further advance on our home loan from Kent Reliance as we wish to carry out renovations to our home in Monken Hadley. Do we need to select a local Monken Hadley solicitor on the Kent Reliance conveyancing panel to handle the paperwork?
Kent Reliance would not normally appoint a member of their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Kent Reliance list.
Last month we had a mortgage agreed in principle with Aldermore. Monken Hadley conveyancing solicitors have been appointed. How long does it take for Aldermore to send the offer to the lawyer?
Some lenders take longer than others. Have Aldermore completed the valuation? Have you advised Aldermore as to your lawyers' details and checked that your lawyers are on the Aldermore conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Clydesdale have agreed my mortgage in principle, my offer on a apartment in Monken Hadley has been accepted, what happens next?
The property agent will want to be advised as to your conveyancing practitioner's details (ensure that the conveyancers are on the lender’s panel). Telephone Clydesdale or the broker and finalise any outstanding forms. Clydesdale will sellect a valuer who will get in contact with the selling agent or vendor to book a slot for the valuation to occur. Once carried out (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. Clydesdale will issue the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Monken Hadley.
I understand that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when purchasing a property in Monken Hadley? or I am told that there is historic law that could mean that house owners living in a parish church boundary will be compelled to contribute towards repairs towards the chancel in proximity to the church. Is this suitable for conveyancing in Monken Hadley?
Unless a prior purchase of the property completed post 12 October 2013 you can take it that lawyers delivering conveyancing in Monken Hadley to continue to propose a a chancel search and or insurance against a claim.
Due to the encouragement of my in-laws I had a survey completed on a property in Monken Hadley in advance of appointing lawyers. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some lenders tend not grant a loan on this type of premises.
It depends who your proposed lender is. Lloyds has different requirements from Birmingham Midshires. Should you wish to telephone us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Monken Hadley. Conveyancing may be slightly more expensive based on your lender's requirements.
My in 2005. He has been wed, widowed and is now married again. He now wishes to dispose of the Monken Hadley property. I believe he will just be asked to supply copies of his marriage certificates to the solicitor however he is anxious it could delay the sale of the property. Should he appoint a property lawyer to update the title information for the property?
It is not absolutely necessary to update the register as long as you have the evidence needed to show how the name change has come about.
Any purchaser’s lawyer will examine the registered information and need evidence by way of proof of the name change e.g. marriage certificates.