What does my ID and proof of funds have anything to do with my conveyancing in Polperro? Why is this being asked of me?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to check the identification documents of the potential client they are dealing with prior to agreeing to accepting their conveyancing retainer. The Client Care letter that you need to sign will no doubt confirm this. Your lender will also require certain documents to be checked. Should you are unwilling to hand over ID verification documents, your lawyer would not be able to accept instructions from you.
Is there a search tool that I can utilise to check that the solicitor conducting my conveyancing in Polperro is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Clydesdale thus spending £175.00 in additional conveyancing bill.
Feel free to make use of the find a conveyancing panel solicitor tool on this web page. Pick the mortgage company and type ‘Polperro’ or your preferred area and you will see a number of lawyer based in Polperro or near you.
I am selling our house in Polperro and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A local lawyer would know that there is no such problem. It does beg the question why the purchasers instructed a nationwide conveyancing practice as opposed to a conveyancing solicitor in Polperro. We have lived in Polperro for three years we know of no issue. Is it a good idea to contact our local Authority to obtain confirmation need.
It would appear that you have a conveyancing firm already. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I'm buying a new build house in Polperro with a loan from Yorkshire Building Society. The developers refused to reduce the amount so I negotiated 6k of extras instead. The estate agent told me not reveal to my conveyancer about the deal as it would affect my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what was supposed to be a straight forward, chain free conveyancing. Polperro is where the house is located. What do you suggest?
Flying freeholds in Polperro are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Polperro you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Polperro may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I note that you have a post code search directory identifying firms on the bank conveyancing panel. Do Polperro conveyancing companies pay you a commission if I appoint them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Polperro.