What does my ID and proof of funds have anything to do with my conveyancing in Moulton? Why is this being asked of me?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Moulton. However these days you can not proceed with any conveyancing deal without first supplying evidence of your identity. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it needs to be both the paper element and photo card part, one is not satisfactory without the other.
Evidence of the source of money is necessary in accordance with the Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancer will need to have this information on record. Your Moulton conveyancing solicitor will need to see evidence of proof of funds prior to accepting any money from you into their client account and they may also ask additional queries concerning the origin of funds.
I have an AIP. The lender mentioned the home loan came with free conveyancing. Does this mean I have to appoint their panel lawyer as I would much rather appoint a Moulton based conveyancing firm?
Do check but the the likelihood is that give you one of their panel lawyers where you want the "fee-free" deal. Call the bank and determine if they make available a cash alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor near Moulton.
I have paid off my mortgage with RBS. I assume I don't need a Moulton solicitor on the RBS panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your RBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the RBS mortgage from the register. RBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where RBS has sent the Land Registry the discharge electronically, and
- RBS has instructed the Land Registry to do so
I am due to exchange contracts on my flat. I had a double glazing fitted in September 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Co-operative are being problematic. The Moulton solicitor who is on the Co-operative conveyancing panel is recommending indemnity insurance as a solution but Co-operative are insisting on a building regulation certificate. Why do Co-operative have a conveyancing panel if they don't accept advice from them?
It is probably the case that Co-operative have referred the matter to their valuer. The reason why Co-operative may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Coventry BS have agreed my mortgage in principle, my offer on a flat in Moulton has been agreed to, now what?
Your estate agent will need to know who your solicitors are (ensure that the lawyers are on the lender’s panel). Call up Coventry BS or your financial adviser and finalise any appropriate forms. Coventry BS will sellect a valuer who will get in contact with the estate agent or seller to schedule a time for the valuation to take place. Once conducted (assuming no problems) it takes about ten days for the mortgage offer to be issued. Coventry BS will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Moulton.
I am purchasing a house and the conveyancer has raised the issue of Chancel Repair for which the property could be obligated to contribute to as it falls into the area of such a church. He has mentioned insurance. Is this strictly warranted for conveyancing in Moulton
Unless a previous acquisition of the house completed post 12 October 2013 you can expect lawyers delivering conveyancing in Moulton to continue to propose a a chancel search and or insurance against a claim.
Despite weeks of looking the Title Certificate and documents to our home are lost. The conveyancers who did the conveyancing in Moulton 4 years ago have long since closed. What are my options?
As long as you have a registered title the information relating to your ownership will be held by the Land Registry with a Title Number. It is easy to execute a search at the Land Registry, identify your property and get current copies of the property title for a small fee. If the title is Leasehold then the Land Registry will also normally retain a file copy of the Registered Lease and again, a copy can be retrieved for twenty pounds.
I decided to have a survey completed on a house in Moulton in advance of instructing conveyancers. I have been informed that there is a flying freehold overhang to the house. The surveyor has said that some banks tend refuse to give a mortgage on this type of house.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Birmingham Midshires. If you call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Moulton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Moulton to see if the conveyancing will be more expensive.