What does my ID and proof of funds have anything to do with my conveyancing in Richmond? What am I being asked for?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the identity of the potential client they are dealing with prior to agreeing to accepting their conveyancing instruction. The Client Care letter that you need to sign should reaffirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Should you are unwilling to supply ID verification documents, your lawyer would not be able to act for you.
I appreciate that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a house in Richmond? or I am told that there is an ancient law that means some owners of property living in a parish church boundary may be liable to contribute towards repairs to the chancel within the church. Is this relevant for conveyancing in Richmond?
Unless a previous purchase of the house took place after 12 October 2013 you could expect conveyancing practitioners handling conveyancing in Richmond to remain recommending a chancel search and or chancel repair liability policy.
My wife and I purchased a 4 bedroom Edwardian house in Richmond. Conveyancing lawyer acted for me and Aldermore. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the matching address. Is it worth asking Aldermore to clarify?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Richmond and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with the conveyancing lawyer who carried out the work.
I was advised by a number of selling agents in Richmond to locate a property lawyer using your seach tool. Is there a financial upside for Estate Agents to market your lawyers ahead of another?
We refuse to make any commission for pointing buyers and sellers to this site. We found it would be just too difficult a fee because home movers will think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I have been sourcing a conveyancing practitioner in Richmond for my remortgage. Can I check a firm’s record with the legal regulator?
You can review published Solicitor Regulator Association (SRA) determinations resulting from investigations started on or after 1 January 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The regulator sometimes recorded call for training purposes.
Myself and my husband have recently had an offer accepted on a property and had an appointment on Tuesday with Leeds Building Society for the mortgage. They advised me that when it comes to choosing a property lawyer that unless they are on their approved list of solicitors then we will be subject to an an extra charge of about two hundred pounds. This is because they would then have to appoint a solicitor to act on their behalf as well as the one we choose to act on our behalf and we will be on the hook for their invoice. I have asked Leeds Building Society to send me with a list so I can obtain estimates only from their approved solicitors but was told that I need to check with each individual solicitor to see if they are on the panel. Is there a list online?
Ask Leeds Building Society what their panel criteria is for a solicitor.Then ask the solicitor of your choice whether they meet the criteria and have they acted on loans for Leeds Building Society previously. If the answer to those is yes, then just double check with Leeds Building Society. Another option is to use our search facility and we may be able to identify a property lawyer in Richmond on the panel for Leeds Building Society.