What does my ID and proof of funds have anything to do with my conveyancing in New Cross? What am I being asked for?
In order to comply with Money Laundering Regulations any New Cross conveyancing firm will require proof of identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing your correct address.
In accordance with Money Laundering Regulations, conveyancers are obliged by law to ascertain not simply the identity of conveyancing clients but also the origin of fund that they receive in respect of any matter. An unwillingness to disclose this will lead to your solicitor cancelling their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to notify the appropriate authorities should they believe that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
What can a local search reveal concerning the house my wife and I purchasing in New Cross?
New Cross conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company for example PSG The local search plays an important role in many a New Cross conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your property. The search will supply data 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 thirteen topic areas.
How does conveyancing in New Cross differ for new build properties?
Most buyers of new build premises in New Cross come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because developers in New Cross typically purchase 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 conveyancing solicitors 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 New Cross or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a property in New Cross ahead of retaining conveyancers. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some lenders will not give a mortgage on such a home.
It varies from the lender to lender. Santander has different requirements from Halifax. Should you wish to call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in New Cross. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in New Cross to see if the conveyancing will be more expensive.
I need to retain a conveyancing solicitor for freehold conveyancing in New Cross. I've discover a site which looks to be the perfect answer If there is a chance to get all this stuff completed via web that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
A conveyancing company acted on my conveyancing in New Cross half a dozen years ago having archived my deeds but has now closed – how do I retreive these?
Deeds, as such, no longer exist as the majority of properties in New Cross are recorded electronically at Land Registry. Should you need to prove evidence of proprietorship or are selling or re-mortgaging your conveyancing practitioner should obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned with reasonable haste.