What does my ID and proof of funds have anything to do with my conveyancing in Riddlesdown? Is this really necessary?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the identification documents of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you are required to sign will no doubt stipulate this. Your lender will also require certain documents to be checked. Where you are unwilling to hand over identification documents, your conveyancer would not be able to act for you.
Various online forums that I have come across warn that are the main reason for hinderance in Riddlesdown conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays during the legal transfer of property. Searches are not likely to be the root cause of holding up conveyancing in Riddlesdown.
I'm purchasing my first flat in Riddlesdown with a mortgage from Skipton Building Society. The builders refused to move on the price so I negotiated 6k of extras instead. The estate agent told me not disclose to my solicitor about this extras as it could put at risk my mortgage with the bank. Should I keep quiet?.
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.
Due to the guidance of my in-laws I had a survey completed on a house in Riddlesdown before retaining conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some banks will refuse to give a mortgage on this type of house.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Riddlesdown. Conveyancing may be slightly more expensive based on your lender's requirements.
My company is looking to take over a lease of a shop on the high street. Can you recommend lawyers offering no-move-no charges for non-domestic conveyancing in Riddlesdown for less than 1500k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Riddlesdown, including the sale and purchase of businesses as well as simply premises. Whether you are looking to buy or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right lawyer. Regarding the charges this will depend on the structure and terms of the proposed transaction. Please provide us with your contact information or telephone us so that we can provide you with comprehensive commercial conveyancing quote.
I am 18 days into a residential purchase having been referred to solicitors by the high street agent to do our conveyancing in Riddlesdown. I am not happy. Could you help me find new conveyancers?
A lawyer would need to be really bad to suggest diss instructing them. Has the mortgage offer been sent? If so you will need to advise them of the new contact details and get the mortgage documents are issued to the new lawyers. The solicitor ideally needs to be on the lenders panel to avoid escalating costs and complications. That should be your first question of the new conveyancers. Our find a solicitor tool should help you find a bank approved conveyancer for your conveyancing in Riddlesdown