Can you recommend a Aldermore allowed Oswestry conveyancing conveyancer that can complete within a short deadline? Am I best advised to choose a local Oswestry conveyancer or an online comparison site?
We would be happy to suggest some excellent Oswestry conveyancing firms. You can also walk up the high street in Oswestry. Go in to some well established law practices and ask to see a conveyancing solicitor for a quote. Mention your expectations together with your reasons and get a commitment on your deadline. Appoint the lawyer that you are most comfortable with.
What does my ID and proof of funds have anything to do with my conveyancing in Oswestry? What am I being asked for?
Oswestry conveyancing solicitors as well as nationwide property lawyers accross the UK have an obligation under Anti-terror and anti-money-laundering rules to verify the identity of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to disclose two forms of certified ID; proof of identity (usually a Passport or Driving Licence) and proof of address (usually a Bank Statement less than 3 months old).
Confirmation of source of funds is also necessary in compliance with the money laundering statutes as lawyers are obliged to ensure that the funds you are using to purchase a property (be it the exchange deposit or the total purchase amount if you are a cash purchaser) has come from a reputable source (such as an inheritance) rather than the proceeds of criminal activity.
Various online forums that I have visited warn that are a common cause of stalling in Oswestry house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays in the conveyancing process. Local searches are not likely to be the root cause of delay in conveyancing in Oswestry.
Are there restrictive covenants that are commonly identified during conveyancing in Oswestry?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Oswestry. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Oswestry differ for newly converted properties?
Most buyers of new build property in Oswestry approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is finished. This is because house builders in Oswestry 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 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 Oswestry or who has acted in the same development.
My partner has urged me to instruct his conveyancing solicitors in Oswestry. Do I follow his recommendation?
Much as we are happy to recommend a Oswestry conveyancing lawyer the best way to select a conveyancing solicitor is to have feedback from friends or family who have previously instructed the firm you're considering.